1217 S Broadway St - Storefront Retail/Residential FOR SALE


New Ulm, MN 56073
$1,150,000 USD
507-276-2327
1217 S Broadway St, New Ulm, MN for Sale
$1,150,000 USD
Storefront Retail/Residential - FOR SALE
1/20
null | 8.91% Cap Rate

1217 S Broadway St
New Ulm, MN 56073


OVERVIEW

Solid building in a great community! 9% CAP rate 100% leased .... School lease in largest part (in year 2 of 10 year lease -NNN), Office lease (Gross) in front, 2 bed apartment on the upper level! Additional lot and 2+ stall heated garage included.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

8.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

B2

APN/PARCEL ID

00100207805051,00100207810100

ASK ABOUT THIS PROPERTY

Eric BodeBoCo Real Estate, Inc.More Info
507-276-2327

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Eric BodeBoCo Real Estate, Inc.More Info
507-276-2327

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.