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Former Target 1914 S Broadway St 90,015 SF 1% Leased Retail Building New Ulm, MN 56073 $3,250,000 ($36.11/SF)
Investment Highlights
- Close Proximity to Major Transportation Routes
- High-Quality Original Construction
- Ample Parking for Customers and Employees
Executive Summary
Introducing a prime adaptive reuse opportunity in beautiful New Ulm, MN. This expansive 90,015 SF empty big box, constructed in 1998, is well maintained and can be divided into individual spaces or redeveloped as a whole. With B3 zoning, this versatile property offers a wide range of potential uses. Its strategic location provides easy access to amenities and major transportation routes, making it an ideal choice for professional services, hospitality, retail and entertainment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
90,015 SF
Building Class
B
Year Built
1998
Price
$3,250,000
Price Per SF
$36.11
Percent Leased
1%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.30
Lot Size
6.84 AC
Zoning
C2 - land for Community Commercial use
Parking
371 Spaces (4.12 Spaces per 1,000 SF Leased)
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This former big box site offers 90,015 SF of versatile commercial space situated on 6.84 acres at 1914 S Broadway Street in New Ulm, MN. With flexible design and existing B3 zoning, the property can accommodate a range of tenants, from retail and entertainment to service-based or mixed-use concepts.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 90,015 SF | Industrial | Outparcel | 30 Days |
1st Floor
| Size |
| 90,015 SF |
| Space Use |
| Industrial |
| Position |
| Outparcel |
| Available |
| 30 Days |
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 90,015 SF |
| Space Use | Industrial |
| Position | Outparcel |
| Available | 30 Days |
This former big box site offers 90,015 SF of versatile commercial space situated on 6.84 acres at 1914 S Broadway Street in New Ulm, MN. With flexible design and existing B3 zoning, the property can accommodate a range of tenants, from retail and entertainment to service-based or mixed-use concepts.
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00105400101010 | Improvements Assessment | $824,900 |
| Land Assessment | $980,600 | Total Assessment | $1,805,500 |
Property Taxes
Parcel Number
00105400101010
Land Assessment
$980,600
Improvements Assessment
$824,900
Total Assessment
$1,805,500
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Former Target | 1914 S Broadway St