311 S Nicollet St - Health Care FOR SALE


Blue Earth, MN 56013
$800,000 USD
507-526-7304
311 S Nicollet St, Blue Earth, MN for Sale
$800,000 USD
Health Care - FOR SALE
1/59
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311 S Nicollet St
Blue Earth, MN 56013


OVERVIEW

Centrally located on a corner lot in Blue Earth, this versatile 5,500+ sq ft commercial building offers a wide range of potential uses. Built in 1990, it features vinyl siding with brick on the front, a covered porch, and a concrete circular driveway with a covered portico for easy, weather-protected access. Previously used as an assisted living facility, the layout is well-suited for a retreat center, office conversion, or apartment-style living. The building includes fourteen individual rooms, each equipped with baseboard heat, a closet, and a private half bath, with one room offering a full bath. At the center of the building is a spacious living area featuring a gas fireplace and a wall of windows that bring in abundant natural light. A dining area sits adjacent to the full commercial kitchen, which includes a dedicated supply and workspace room. Additional amenities include a private office, a full bath with a walk-in shower, and a room with a hair-washing station that could also accommodate laundry needs. The wide hallways include handrails for accessibility, and a secondary entrance with a ramp and its own driveway provides convenient access for deliveries. Mechanical components include a partial basement for storage, crawl-space access for the remainder of the building, two HVAC units, two water heaters (one being replaced Dec 2025), a water softener, and an HRV ventilation system.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

21.272.0630

ASK ABOUT THIS PROPERTY

AMANDA JOHNSONO/NE Realty Olson:NelsonMore Info
507-526-7304

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AMANDA JOHNSONO/NE Realty Olson:NelsonMore Info
507-526-7304

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