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1618 S Broadway St
New Ulm, MN 56073
 New Ulm 1618 S Broadway · Retail Property For Sale

Storefront Properties Minnesota New Ulm 1618 S Broadway St, New Ulm, MN 56073

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INVESTMENT HIGHLIGHTS

  • Spacious and adaptable units for flexible occupancy options
  • Potential for attractive ROI in the flourishing New Ulm market
  • Strategic design conducive to retail or mixed-use development

EXECUTIVE SUMMARY

This exceptional 9,300 SF building offers lucrative potential for mixed use and high-rise investors. Boasting a coveted location in the thriving New Ulm area, this property presents a compelling opportunity for expansion and high ROI.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,300 SF
Year Built
1961
Price
$856,372 CAD
Price Per SF
$92.08 CAD
Cap Rate
14.58%
NOI
$124,884 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.73 AC
Zoning
C2
Frontage
150’ on BROADWAY ST

PROPERTY TAXES

Parcel Number 00100208902020 Improvements Assessment $645,716 CAD
Land Assessment $153,657 CAD Total Assessment $799,373 CAD

PROPERTY TAXES

Parcel Number
00100208902020
Land Assessment
$153,657 CAD
Improvements Assessment
$645,716 CAD
Total Assessment
$799,373 CAD
 

  • Listing ID: 34481383

  • Date on Market: 2025-01-14

  • Last Updated:

  • Address: 1618 S Broadway St, New Ulm, MN 56073

The Retail Property at 1618 S Broadway St, New Ulm, MN 56073 is currently available for Sale. Contact KW Commercial Midwest for more information.

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