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110 N Minnesota Street, New Ulm, MN 56073
MLS# 6472252

$2



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Property Description
Professional/office/retail space is now available for lease at the newly redeveloped Commerce Center in New Ulm. Spaces range in size and may be joined together or leased in packages for tenants needing private offices. Gross rent is offered at $24.00 to $30.00 per sq. ft. annually. It includes CAM, utilities and internet service. The Commerce Center is located in the heart of New Ulm's revitalized downtown business district. The four lane expansion of Hwy. #14 is now opened and New Ulm is experiencing an economic boom! Call now to reserve your space!

Summary
Parking Features:  On-Street Parking Only Development Status:  Previously Owned
Year Built:  1880 Directions:  Hwy. #14 to N. Minnesota St. head South to property.
Property ID Number:  00100106411110 Acres:  0.19
Lot Size SqFt:  8232.84 Original On Market Timestamp:  2024-01-02T15:21:31Z
Total Bathrooms Source:  MLS House Number:  110
Status:  Active Contingency:  None
Contingency:  None Property Type:  Commercial
County:  Brown ListPrice:  2
Complex/Dev/Subdivision:  North Of Center List Date:  2024-01-02
On-Market Date:  2024-01-02T15:21:31Z On-Market Contract Date:  2024-01-02
Current Price:  2 List Agent Full Name:  Kevin Goettl
List Office Mls Id:  4014 List Agent Mls Id:  503000228
List Agent Originating System Mls ID:  503000228 List Office Originating System Mls ID:  4014
List Agent Association:  MAAR Buyer Agent Association:  MAAR
IDX Participant:  Yes Photos Count:  24
Lot Size Area:  0.19 Lot Size Units:  Acres
Current Price:  2 Unparsed First Line Address:  110 N Minnesota Street
Source System ID:  FLEXMLS_NSTAR Originating System ID:  FLEXMLS_NSTAR
Property Type:  Commercial Originating System Listing ID:  6472252
:  The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. List AOR:  MAAR
Last Modified:  2024-02-13T14:04:20Z  


None
Allow Auto Valuation: Yes Allow Consumer Comment: No
MLSID: RMLS  


Contract Information
Owner is an Agent?: No Auction?: No


Office/Member Info
Association: MAAR  


General Property Information
Lot Measurement: Acres Multiple PIDs?: No
Year Built: 1880 Yearly/Seasonal: Yearly
Zoning: Business/Commercial Acres: 0.19
Foundation Size: 8200 For Sale or Lease: For Lease
Lot Dimensions: 130X70 Assessment Pending: Unknown


Location, Tax and Other Information
Legal Description: NORTH OF CENTER LOT-012 BLOCK-064 BAL OF LOT 11 & N 20' OF Map Page: 999
Municipality: New Ulm Rental License?: No
School District Phone: 507-359-8401 Map Coordinate Source: King's Street Atlas
Zip Plus 4: 86 Property ID Number: 00100106411110
Tax Year: 2023 Tax Amount: 10396
In Foreclosure?: No Potential Short Sale?: No
Lender Owned?: No  


Directions & Remarks
Public Remarks: Professional/office/retail space is now available for lease at the newly redeveloped Commerce Center in New Ulm. Spaces range in size and may be joined together or leased in packages for tenants needing private offices. Gross rent is offered at $24.00 to $30.00 per sq. ft. annually. It includes CAM, utilities and internet service. The Commerce Center is located in the heart of New Ulm's revitalized downtown business district. The four lane expansion of Hwy. #14 is now opened and New Ulm is experiencing an economic boom! Call now to reserve your space! Directions: Hwy. #14 to N. Minnesota St. head South to property.


Building Information
Building Finished SqFt: 24400 Building SqFt: 24400
Fractional Ownership: Yes Percent Ownership: 50


Lease Details
Land Leased: No Lease Amount Type: Square Foot
Lease Expiration Date: 2024-06-30  


Miscellaneous Information
FIPS Code: 27015  


Sale Options
Sale Includes: Other  


Unit Details
Total Units: 13  


Property Features
Accessible: Doors 36in+
Construction Status: Previously Owned
Exterior: Brick/Stone
Fuel: Electric; Natural Gas
Heating: Baseboard; Ductless Mini-Split
Lease Details: Gross
Parking Characteristics: On-Street Parking Only
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights
Road Responsibility: Public Maintained Road
Sewer: City Sewer/Connected
Water: City Water/Connected
On Site Utilities: Heating Common
CMU Style: Mixed Use
Current Use: Commercial
Loan Terms: Other
Rent Rate per Foot: Per Month