Prime Main Street investment opportunity offering exceptional multi-stream income and significant commercial upside. The upper level features five residential apartments, including two 1-bedroom units and three 2-bedroom units, delivering steady, in-place cash flow. The street level offers remarkable versatility across multiple distinct spaces with independent entrances, featuring a 2,700 sq. ft. space ready for build out, a 1,540 sq. ft. space that was recently updated and ready for move in, and an additional 680 sq. ft. storage or future expansion unit for the 2,700 sf space. Both main sections include dedicated full basements for expansive on-site storage or operational capacity. Key capital improvements include a durable spray-foam roof finished with a protective poly coating, three coats of commercial paint, and fresh sealant. With residential revenue already established and high-visibility commercial spaces ready to maximize returns, this versatile asset is a rare portfolio powerhouse.

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Based on information submitted to MLS Grid / NORTHSTAR as of September 18, 2026 8:09 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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New Ulm, MN

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Property Details of 104 W Main Street

Property Details

Basic Information

Building

Location

Finance

Water

Interior Features

Basement

Utilities and Appliances

Utilities and Appliances

Community

Area

Map Location

Driving Directions

Hi there! How can we help you?

Hi there! How can we help you?

Hi there! How can we help you?

New Ulm, MN