$424,900

123 N Minnesota Street, New Ulm, MN 56073

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$424,900

123 N Minnesota Street New Ulm, MN 56073

For Sale MLS# 7038048

Commercial

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Data current as of 22/12/2025 17:49:38

Details for 123 N Minnesota Street

MLS# 7038048

Description for 123 N Minnesota Street, New Ulm, MN, 56073


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.

Listing Information


Property Type: Commercial

Status: Active

Year Built: 1880

Foundation: 1,791 sq ft

Construction: Frame/Wood,Other (explain in rmks)

Current Use: Retail (L)

County: Brown

Days On Market: 165

School Information


District: New Ulm #88

Utilities


Water: City

Sewer: City

Cooling: Central

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Exterior: Brick, Vinyl

Roof: Flat

Additional Exterior/Lot Features: Road Frontage - City Street

Driving Directions


North on Broadway to 2nd North then right to Minnesota St. Then right, third building on the right

Financial Considerations


Tax/Property ID: 001.001.067.06.060

Tax Amount: 2146

Tax Year: 2025

Property price
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 123 N Minnesota Street

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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