196 Main Street W Elysian, MN 56028

$409,900
Active
4 Beds  |  4 Baths  |   |  MLS # 7072611
Active
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About The Listing

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!


Listing courtesy of Michelle Starkey, True Real Estate
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1937
MLS #: 7072611
Bedrooms: 4
Garage Spaces: 0
Parking Description: Gravel
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Foundation Type: Block
Construction Description: Frame
Roof Description: Flat, Metal
Days On Market (Continuous): 1
Disability Features: None
Latest Update: 05/27/2026
List Date: 05/14/2026
Listing Agent ID: 503001460
Listing Office: True Real Estate
Listing Office ID: 25812
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Flooring: Luxury Vinyl Plank
Exterior Features: Stone
Lot Size: 0.21 Acres
School District: Waterville-Elysian-Morristown
Tax Year: 2026
Estimated Taxes: $3,572
Contingency Type: None
City: Elysian
Zip: 56028
County: Le Sueur
Subdivision: City Of Elysian
State: MN
Listing last updated: 05/27/26

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