196 Main Street W Elysian, MN $ 399,900
196 Main Street W
$ 399,900
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196 Main Street W

Elysian, MN, 56028
$ 399,900
Bedrooms4 Baths4.0

Monthly Estimate*

$ 2,762

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Commercial Property for sale in Elysian, MN

for $399,900 with 4 bedrooms and 4 full baths. This building was built in 1937 on a lot size of 0.21.

Excellent opportunity to own a versatile investment property situated along quaint Main Street in Downtown Elysian. This uniqueproperty offers the potential for several income-producing options, including a commercial space, two residential rental units, a shed/shop building and asmaller scale barn. The upper level (Unit A) of the main structure features a beautiful 2-bedroom, 1-bath apartment complete with in-unit laundry andprivate parking. Unit C has been fully renovated into an attractive office space complete with a half bath, laundry hookups, and its own private MainStreet entrance. Unit B is a executively polished 2-bedroom, 1.5-bath main level apartment. It boasts generous ceiling height, a large spacious livingarea and superior style kitchen. Additional highlights contain two spacious outbuildings, including a 20x48 metal building (with power and heat) and an18x35 barn with cold storage. This is not your average income generating property! Pairing all the charm and character that it offers with the fact that ithas been well maintained, you are sure to be proud to make it yours!

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Commercial Active

Price

$ 399,900

Bedrooms

4

Full Bath

4

Property Type

Commercial

Taxes

$ 3,572

Style

Lot Size

0.21

Year Built

1937

Town/City

Elysian

County/Region

Le Sueur

MLS | Web ID

7072611

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Flat Metal
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
Garage Spaces 0
Construction Materials Frame
Year Built 1937
Levels Two
Tax Year 2026
Current Use Commercial Residential
Accessibility None
County Le Sueur
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name City Of Elysian
Directions From MN Hwy 60 east to Elysian turn left onto NW 3rd Street. Then take a right onto W. Main Street. The property will be located on the left.
City Elysian
High School District Waterville-Elysian-Morristown
Zoning Description Business/Commercial Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 3572
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Washer/Dryer Hookup
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Exterior
Parking Features Gravel
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.21
Lot Dimensions 00x00
Waterfront Y/N N
Foundation Area 2535
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Total Bedrooms 4
Total Baths 4
Fuel Natural Gas
Garage Dimensions 0
Garage Door Width 0
Garage Square Feet 0
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Internal Only
Street Number 1 196
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* Excluded Features
List By
True Real Estate

Broker

michelle@michellestarkey.com

Email

Affordability Calculator

$3,060
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,762
Monthly Property Taxes
$298
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3065290 Elementary School
3065257 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2026$399,900 -1.23% Price Down
8/10/2026$404,900 -1.22% Price Down
5/15/2026$409,900 Listed Price

Map


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196 Main Street W, Elysian, MN, 56028 is a Commercial Property for sale at $399,900 with a lot size of 0.21. 196 Main Street W has 4 bedrooms, 4.0 baths, and was built in 1937. The property's zip code is 56028 which is in Elysian, MN