About This Home

This 0-bedroom, 0-bathroom commercial at 123 N Minnesota Street in New Ulm, MN is listed for $414,900. Built in 1880, on a 0.19 acres lot.

Key Features

  • Built in 1880
  • 0.19 acre lot

Property Details

1880

Amenities

A/C
Listing Description

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 facade 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.

Monthly Cost Estimate

$2,219/mo

20% down · 6.5% · 30 years

Principal$300
Interest$1,798
Insurance$121

Estimates only. Actual payments may vary.

Location

123 N Minnesota Street

New Ulm, MN 56073

North Of Center

Property Details

Parking

Parking Lot

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 123 N Minnesota Street is listed at $414,900. The estimated monthly payment is $2,219 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1880, 0.19 acre lot.

This property is listed by Jeff Todd Dittrich.

JD

Jeff Todd Dittrich

Agent at The True Team Inc

Listed by The True Team Inc · Broker phone: (507) 345-8783 · Broker website

MLS# 7150112· Source: Northstar MLS· 37 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

123 N Minnesota Street, New Ulm, MN 56073

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