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500 Boright Street Le Sueur, MN $ 1,900,000
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$ 1,900,000 Get more info
500 Boright Street
$ 1,900,000
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500 Boright Street

Le Sueur, MN, 56058
$ 1,900,000
Bedrooms-- Baths-- Sq 15,842

Monthly Estimate*

$ 13,123

500 Boright Street, Le Sueur, MN 56058 - Image 1
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Commercial Property for sale in Le Sueur, MN

for $1,900,000. This 15,842 square foot building was built in 1969 on a lot size of 1.14.

Well-maintained three-story brick building in a quiet hilltop neighborhood with scenic views. Hillcrest Apartments offers 23 units on 1.14 acres in Le Sueur, on the U.S. Highway 169 corridor halfway between the Twin Cities and Mankato, about 10 minutes from St. Peter and Belle Plaine. Le Sueur is home to Cambria's corporate headquarters and served by Le Sueur-Henderson Public Schools. Eleven one-bedroom and twelve two-bedroom units, all with air conditioning. Newer 12-stall detached garage (2017) rented to residents, ample off-street parking, rentable storage, on-site laundry with two new washers. Heat included; residents pay only electricity and internet. 2026: new entrance awnings and lighting; parking lot patched and restriped. 2025: boiler tune-ups, new water heater, new laundry washers, shrubs removed and park replaced. 100% occupied with about $22,200/yr of rent upside to market. Offered at $82,609 per unit.

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Commercial Active

Price

$ 1,900,000

Property Type

Commercial

Taxes

$ 21,082

Style

Lot Size

1.14

Year Built

1969

Town/City

Le Sueur

County/Region

Le Sueur

MLS | Web ID

7165470
Features
General
Sewer City Sewer/Connected
Heating Boiler Hot Water
Cooling Wall Unit(s)
Utilities Electric Separate Heating Common Hot Water Common
Roof Flat
Garage Spaces 12
Construction Materials Brick
Year Built 1969
Tenant Pays Broadband Electricity
Levels Three Or More
Tax Year 2026
Current Use Residential
Gross Income 266243
Accessibility None
County Le Sueur
Net Operating Income 116713
Operating Expense 149530
Insurance Expense 10500
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Quack & Bor Add
Possible Use Income
Directions Hwy 169 to Le Sueur then follow GPS to 500 Boright St.
City Le Sueur
High School District LeSueur-Henderson
Zoning Description Residential-Multi-Family
Number Of Units Total 23
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 21082
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement None
Basement (Y/N) N
Fuel Natural Gas
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Exterior
Parking Features Detached Garage Parking Lot More Parking Onsite for Fee
Water Source City Water/Connected
Inclusions Building Business Assets
Lot Size Area 1.14
Building Area Total 15842
Lot Dimensions 202.65 x 264
Waterfront Y/N N
Foundation Area 5281
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Re/Max Advantage Plus

Broker

dan@searchmnhouses.com

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Affordability Calculator

$14,880
Per Month
88%
12%
0%
Monthly Principal & Interest
$13,123
Monthly Property Taxes
$1,757
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
708922 Elementary School
709242 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/27/2026$1,900,000 Listed Price

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500 Boright Street, Le Sueur, MN, 56058 is a Commercial Property for sale at $1,900,000 with 15,842 sqft and a lot size of 1.14. 500 Boright Street was built in 1969. The property's zip code is 56058 which is in Le Sueur, MN

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