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Investment Highlights

  • City-owned former City Hall and Library building
  • Located at 200 Third Street South, Waterville, MN
  • Sale offered as-is, with no warranties or representations
  • City will evaluate proposals based on use

Executive Summary

Well-located retail property situated along South Main Street in downtown Stillwater’s Central Business District. The property benefits from strong visibility within a historic, pedestrian-oriented corridor known for retail, dining, and tourism activity. CBD zoning allows for a broad range of commercial uses, making the asset suitable for investors or owner-users seeking a downtown Main Street presence.

Property Facts

Price $393,000
Price Per SF $39.46
Sale Type Investment or Owner User
Property Type Specialty
Property Subtype Public Library
Building Class C
Lot Size 0.24 AC
Building Size 9,960 SF
No. Stories 2
Year Built/Renovated 1925/1960
Zoning P/I - Public / Institutional
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
24.999.0070
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$354,500
  • Listing ID: 39076940

  • Date on Market: 1/14/2026

  • Last Updated:

  • Address: 200 3rd St S, Waterville, MN 56096

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