$800,000

311 S Nicollet Street, Blue Earth, MN 56013

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$800,000

311 S Nicollet Street Blue Earth, MN 56013

For Sale MLS# 7039134

Commercial

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Data current as of 23/12/2025 01:54:39

Details for 311 S Nicollet Street

MLS# 7039134

Description for 311 S Nicollet Street, Blue Earth, MN, 56013


Centrally located on a corner lot in Blue Earth, this versatile 5,500+ sq ft commercial building offers a wide range of potential uses. Built in 1990, it features vinyl siding with brick on the front, a covered porch, and a concrete circular driveway with a covered portico for easy, weather-protected access. Previously used as an assisted living facility, the layout is well-suited for a retreat center, office conversion, or apartment-style living. The building includes fourteen individual rooms, each equipped with baseboard heat, a closet, and a private half bath, with one room offering a full bath. At the center of the building is a spacious living area featuring a gas fireplace and a wall of windows that bring in abundant natural light. A dining area sits adjacent to the full commercial kitchen, which includes a dedicated supply and workspace room. Additional amenities include a private office, a full bath with a walk-in shower, and a room with a hair-washing station that could also accommodate laundry needs. The wide hallways include handrails for accessibility, and a secondary entrance with a ramp and its own driveway provides convenient access for deliveries. Mechanical components include a partial basement for storage, crawl-space access for the remainder of the building, two HVAC units, two water heaters (one being replaced Dec 2025), a water softener, and an HRV ventilation system.

Listing Information


Property Type: Commercial, NonHomestead

Status: Active

Year Built: 1990

Foundation: 5,720 sq ft

Construction: Poured Concrete

Current Use: Vacant

Lender Owned: Yes

County: Faribault

Days On Market: 27

School Information


District: Blue Earth Area #2860

Interior Features


Accessibility: Hallways 42" Plus, Door Level Handles, No Stairs External, Wheelchair Ramp, Fully Wheelchair, Grab Bars In Bathroom

Additional Interior Features: Kitchen Area, Restrooms, Smoke Detectors

Utilities


Water: City

Sewer: City

Cooling: Central

Heating: Electric, Forced Air, Baseboard, Natural Gas

Exterior / Lot Features


Parking Description: Driveway - Concrete

Exterior: Brick, Vinyl

Roof: Asphalt Shingles

Additional Exterior/Lot Features: Road Frontage - City Street

Financial Considerations


Terms: Cash,Conventional

Tax/Property ID: 21.272.0630

Tax Amount: 7706

Tax Year: 2025

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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
Currently not available.

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Schools nearby 311 S Nicollet 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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