$409,900
196 Main Street W Elysian, MN 56028
For Sale MLS# 7072611
Other
Details for 196 Main Street W
MLS# 7072611
Description for 196 Main Street W, Elysian, MN, 56028
Excellent opportunity to own a versatile investment property situated along quaint Main Street in Downtown Elysian. This uniqueproperty offers the potential for several income-producing options, including a commercial space, two residential rental units, a shed/shop building and asmaller scale barn. The upper level (Unit A) of the main structure features a beautiful 2-bedroom, 1-bath apartment complete with in-unit laundry andprivate parking. Unit C has been fully renovated into an attractive office space complete with a half bath, laundry hookups, and its own private MainStreet entrance. Unit B is a executively polished 2-bedroom, 1.5-bath main level apartment. It boasts generous ceiling height, a large spacious livingarea and superior style kitchen. Additional highlights contain two spacious outbuildings, including a 20x48 metal building (with power and heat) and an18x35 barn with cold storage. This is not your average income generating property! Pairing all the charm and character that it offers with the fact that ithas been well maintained, you are sure to be proud to make it yours!
Listing Information
Property Type: Commercial
Status: Active
Bedrooms: 4
Bathrooms: 4
Lot Size: 0.21 Acres
Square Feet: 3,525 sq ft
Year Built: 1937
Foundation: 2,535 sq ft
Stories: 2 Stories
Subdivision: City Of Elysian
Number Of Units Total: 3
Current Use: Commercial,Residential
County: Le Sueur
Days On Market: 22
Construction Status: Previously Owned
School Information
District: 2143 - Waterville-Elysian-Morristown
Interior Features
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring: Luxury Vinyl Plank
Additional Interior Features: Washer/Dryer Hookup
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common,Heating Common,Hot Water Common
Cooling: Central
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Parking Description: Driveway - Gravel, gravel lot, Garage Dimensions - 0, Garage Door Height - 0, Garage Door Width - 0, Garage Sq Ft - 0.00
Exterior: Brick/Stone
Roof: Metal, Flat
Lot Dimensions: 00x00
Zoning: Business/Commercial,Residential-Multi-Family
Additional Exterior/Lot Features: Land Inclusions - Building, Road Frontage - City
Driving Directions
From MN Hwy 60 east to Elysian turn left onto NW 3rd Street. Then take a right onto W. Main Street. The property will be located on the left.
Financial Considerations
Tax/Property ID: 164100730
Tax Amount: 3572
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: True Real Estate
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
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 & Tax Summary for 196 Main Street W
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 196 Main Street W
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Data powered by ATTOM Data Solutions. Copyright© 2026. 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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