301 S 20th Street New Ulm, MN 56073

$1,395,000
301 S 20th Street, New Ulm, MN 56073
Call 866-441-4542

Commercial Property for sale in New Ulm, MN

for $1,395,000. This building was built in 1995.

Property Information

  • $1,395,000
  • Commercial
  • Taxes are $33,534
  • Commercial
  • Active
  • Built in 1995
  • New Ulm, MN
  • Brown County
  • MLS/Web ID is 7011566

Description

Welcome to the New Um Event Center, this property boasts a beautiful main event room with 15, 000 sq ft including a grand fireplace and too many amenities to count. The room can accommodate up to 500 guests. If you are in need of a smaller event room there is also a space for 50 guests with a smaller cozy fireplace and modern decor. In addition to the event rooms, there are office spaces and a large ware house attached to the main event room. Total sq ft of main floor of the main building is 23, 494 sqft, which 15, 172 sqft is heated space. Other features include a state of the art kitchen with updated appliances and walk-in refrigerator and two large freezers. In addition to the main level there is a partial second floor, which boasts the Minnesota Wedding Shop. There is a second building which serves as a storage building now totaling 60ftX120ft in size. This is a great business opportunity, loading docks on the buildings as well. Call today to set up a private viewing!

Interior 8

Appliances

  • Cooktop
  • Dishwasher
  • Disposal / Compactor
  • Dryer
  • Exhaust Fan
  • Fire Alarm
  • Freezer
  • Indoor Grill
  • Microwave
  • Range/Oven
  • Refrigerator
  • Security System / Alarm
  • Washer

Cooling System

  • Central Air

Fireplace

  • Fireplace(s)

Heating System

  • Forced Air

Interior

  • Smoke Alarm

Sewer

  • City Sewer

Utilities

  • Broadband Internet Available
  • Natural Gas

Water Source

  • City Water

Exterior 7

Community Amenities

  • Bar/Lounge

Construction

  • Steel Frame

Driveway

  • Asphalt Driveway

Exterior

  • Fire Stairs
  • Security Lighting

Garage

  • Garage Door Opener

Road Frontage

  • City Street

Roof

  • Metal

Miscellaneous 2

Accessibility

  • Grab Bars in Bathroom
  • Wheel Chair Access

Commercial

  • Loading Dock(s)
  • Restroom(s)
  • Sale Includes Building
  • Sale Includes Business
  • Sale Includes Fixture/Equip
  • Sale Includes Inventory
  • Sale Includes Land
  • Sale Includes Other

Rental 1

Landlord Pays

  • Cable
  • Electric
  • Janitorial Services
  • Lawn Care
  • Maintenance
  • Snow Removal
  • Trash/Garbage Pickup
  • Water

† Excluded Feature

Neighborhood & Schools

School District: New Ulm #88

 See complete school information

Listed By

Listing Agent: Richard E. Draheim
Broker: Mankato - WEICHERT, REALTORS® - Community Group
Phone: (507) 345-1111

301 S 20th Street, New Ulm, MN, 56073 is a Commercial Property for sale at $1,395,000. 301 S 20th Street has 0.0 baths and was built in 1995. The property's zip code is 56073 which is in New Ulm, MN

Get an Immediate Callback from 9:00 AM - 9:00 PM EST
or Call us at 866-441-4542





 

Pricing History

Date Price Price Change Description
8/16/2016 $1,395,000 -7.00 % Price Change
5/18/2016 $1,500,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in New Ulm $273,182 80 % below $219,900 84 % below
Commerical listings in New Ulm $496,093 64 % below $307,450 78 % below

Get the facts about New Ulm, MN!

Population 13,532
Population Growth (since 2000) -2 %
Median Income $46,594
Median Age 40.62
Households w/ Children 24 %

Residential Dwellings

  • Owned 4351
  • Vacant 243
  • Rented 1394

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Get an Immediate Callback from 9:00 AM - 9:00 PM EST
or Call us at 866-441-4542