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

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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 Offer

Sale Type
Investment
Property Type
Retail
Property Subtype
Shopfront
Property Size
9,300 sq ft
Year Built
1961
Price
£465,963
Price per sq ft
£50.10
Yield
14.58%
NOI
£67,951
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.29
Total Plot Size
0.73 ac
Use Class
C2
Frontage
150 ft on BROADWAY ST

PROPERTY TAXES

Parcel Number 00100208902020 Improvements Assessment £351,125
Land Assessment £83,555 Total Assessment £434,680

PROPERTY TAXES

Parcel Number
00100208902020
Land Assessment
£83,555
Improvements Assessment
£351,125
Total Assessment
£434,680
 

  • Listing ID: 34481383

  • Date on Market: 14/01/2025

  • 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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