$414,900$
123 N Minnesota Street
New Ulm, MN, 56073
About 123 N Minnesota Street
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 ablank slate ready for your ideas and touches. 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. At one time the second and third floors were separate living spaces. Go back to thatto double your return in rental income. This building was renovated in 2011 through the New Ulm Small Cities Development Commercial RehabilitationProgram. 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.
Listing Provided Courtesy of True Real Estate
123 N Minnesota Street Property Details
Price:
$414,900
MLS #:
NST7150112
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
North Of Center
Listed Date:
Sep 24, 2026
Total Sq Ft:
7,164
Lot Size:
8,233 sqft / 0.19 acres (approx)
Year Built:
1880
Schools
School District:
New Ulm
Interior Features
Cooling
Central Air
Heating
Forced Air
Levels
Three Or More
Exterior & Lot Features
Accessibility Features
None
Exterior Features
Stone, Vinyl
Parking Features
Parking Lot
Roof
Flat
Property Taxes & Financial Details
Tax Year
2025
Taxes
$2,146
Location
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123 N Minnesota Street
New Ulm, MN



