About This Home

This 4-bedroom, 4-bathroom commercial at 196 Main Street W in Elysian, MN is listed for $404,900. Built in 1937, on a 0.21 acres lot.

Key Features

  • Built in 1937
  • 0.21 acre lot

Property Details

4 full
1937

Amenities

A/C
Listing Description

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!

Monthly Cost Estimate

$2,165/mo

20% down · 6.5% · 30 years

Principal$293
Interest$1,755
Insurance$118

Estimates only. Actual payments may vary.

Location

196 Main Street W

Elysian, MN 56028

City Of Elysian

Features & Amenities

Exterior Features

Brick/Stone

Property Details

Construction

Frame

Parking

Driveway

Heating

Forced Air

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 4-bedroom, 4-bathroom commercial at 196 Main Street W is listed at $404,900. The estimated monthly payment is $2,165 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1937, 0.21 acre lot. Exterior Features: Brick/Stone.

This property is listed by Michelle Starkey and can be reached at (507) 345-8783.

MS

Michelle Starkey

Agent at The True Team Inc

(507) 345-8783
Agent website

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

MLS# 7072611· Source: Northstar MLS· 128 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.

196 Main Street W, Elysian, MN 56028

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