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Informations principales sur l'investissement

  • 4,240 SF two-story mixed-use building
  • Prime downtown corner location on Elm St walkable setting
  • Ground-floor open concept for retail with upper-level 8 oversized private suites or offices or apartment potential
  • On-street parking available as well as a very close public parking lot.

Résumé analytique

This is more than commercial real estate, its a destination for restoration. A place where people could gather to slow down, reconnect, and create or full retail, boutique and/or intentional living. This exceptional historic brick mixed-use zoned building could be a yoga or crafting retreat, spiritual gathering space, creative workshop event center, or boutique wellness collective - all in the heart of Norwood Young America MN, down Hwy 212 just 30 minutes from Minneapolis.
This beauty was originally constructed as professional offices and has been meticulously preserved. Over 4200 sf above ground plus a full basement with high ceilings.
With soaring ceilings throughout all 3 levels, multiple 9' high solid pocket doors, crown molding, and oversized windows welcome the natural warmth inside. All windows on the main level have been updated as well as multiple new LED lights. In 2009 all duct work, duel furnaces and central air were updated.
The main level features full open concept with a large south facing glass store front, 11' ceilings with open duct work (updated in 2009) and can easily be visualized for retail and boutique space, an art or exercise studio, or a relaxing wine lounge with the current beverage permit. There is a spacious updated handicapped main level 1/2 bath and storage room with shelving and a floor drain tub. Built in shelving in back of the space. Small loft space above the bathroom with electrical for decorative lighting. Electrical outlets in floor as well.
The upper level provides eight expansive light filled rooms with 11' ceilings and original pocket doors that whisper open into quiet gathering spaces. Perfect for professional offices, private wellness suites, or conversion to residential apartments with the two full stairwells leading to street and side close to public parking lot.
Full stone basement in mint condition features high ceilings, concrete floor, gas hot water heater, forced air furnace, updated electrical 200 amp CB box. There is also framed storage rooms, a 1/2 bath and hook-ups for laundry.
A rare opportunity to own a cornerstone downtown building with flexible income potential. Upon City approval this building has numerous opportunity -Wellness Operators, boutique retail, coffee-wine concepts, mixed-use investors, creative entrepreneurs, fitness studio, professional offices, upper level apartments.
Agents to verify all measurements.

Informations sur l’immeuble

Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Sous-type de bien
Bien à usage mixte
Surface de l’immeuble
394 m²
Classe d’immeuble
C
Année de construction
1896
Prix
249 460 €
Prix par m²
633,29 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
1,62
Surface du lot
0,02 ha
Zonage
C-3 - Multiple potential uses subject to City approval to include: Downtown Norwood Young America location; Flexible C-3 Downtown Zoning; Mixed use commerci
Façade
20 m sur Union St

Caractéristiques

  • Terrain d’angle
  • Signalisation
  • Accessible fauteuils roulants
  • Climatisation
  • Awning
Plutôt praticable à pied
30/100
Exceptionnellement adapté aux voitures
90/100
Plutôt praticable en vélo
40/100

Principaux commerces à proximité

Snap Fitness
Old National Bank

Taxes foncières

Taxes foncières

Numéro de parcelle
58.0500560
Évaluation du terrain
17 578 €
Évaluation des aménagements
190 458 €
Évaluation totale
208 036 €
  • ID de l’annonce: 39835057

  • Date de mise sur le marché: 19/03/2026

  • Dernière mise à jour:

  • Adresse: 224 Elm St W, Norwood Young America, MN 55368

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