123 N Minnesota Street New Ulm, MN $ 424,900
123 N Minnesota Street
$ 424,900
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123 N Minnesota Street

New Ulm, MN, 56073
$ 424,900
Bedrooms-- Baths-- Sq 5,373

Monthly Estimate*

$ 2,651

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Commercial Property for sale in New Ulm, MN

for $424,900. This 5,373 square foot building was built in 1880.

Located in the heart of historic Downtown New Ulm, 123 N. Minnesota St is a mixed use split class commercial/residential homesteaded building. The first floor features a 1,791 sq ft retail space with basement storage and over 400 sq ft outdoor patio space. The first floor is occupied by Bookshelves & Coffeecups. The second and third floor have been combined into a 3,000 plus sq ft residential living space which includes just under 400 sq ft outdoor deck space on the third floor. This building was renovated in 2011 through the New Ulm Small Cities Development Commercial Rehabilitation Program. This renovation replaced windows on all three floors, main roof insulation / rubber membrane, and updated the front building façade with tuckpointing and Historical Society approved color pallet. The kitchen / dining room and bathrooms were updated and remodeled in 2015. The second floor has a kitchen and full bath, and the third floor has a kitchenette and full bath. Laundry has been added to the third floor.

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Commercial Active

Price

$ 424,900

Property Type

Commercial

Taxes

$ 2,146

Style

Retail

Year Built

1880

Town/City

New Ulm

County/Region

Brown

MLS | Web ID

7038048

Features
General
Heating Forced Air
Cooling Central
Roof Flat
Water City
Sewer City
Status Active ACTIVE
Year Built 1880
Road Frontage City Street
Subdivision MN
Sale/Rent For Sale
School District New Ulm #88
Sale/Lease For Sale
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Exterior
Exterior Brick Vinyl
Waterfront No
Construction Type Frame/Wood Other (explain in rmks)
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* Excluded Features
List By
True Real Estate

Broker

jeff@truerealestatemn.com

Email

Affordability Calculator

$2,830
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$179
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1357925 Elementary School
1357919 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2025$424,900 Listed Price

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123 N Minnesota Street, New Ulm, MN, 56073 is a Commercial Property for sale at $424,900 with 5,373 sqft. 123 N Minnesota Street was built in 1880. The property's zip code is 56073 which is in New Ulm, MN