196 W Main Street Elysian, MN 56028

$409,900
Active
Mixed Use  |  MLS # 7040299
Active
  • 196 W Main Street, Elysian, MN 56028 Listing Photo  1
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About The Listing

Excellent opportunity to own a versatile investment property situated along quaint Main Street in Downtown Elysian. This unique property offers the potential for several income-producing options, including a commercial space, two residential rental units, a shed/shop building and a smaller scale barn. The upper level (Unit A) of the main structure features a beautiful 2-bedroom, 1-bath apartment complete with in-unit laundry and private parking. Unit C has been fully renovated into an attractive office space complete with a half bath, laundry hookups, and its own private Main Street entrance. Unit B is a executively polished 2-bedroom, 1.5-bath main level apartment. It boasts generous ceiling height, a large spacious living area and superior style kitchen. Additional highlights contain two spacious outbuildings, including a 20x48 metal building (with power and heat) and an 18x35 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 it has been well maintained, you are sure to be proud to make it yours!


Listing courtesy of TRUE REAL ESTATE
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Year Built: 1937
MLS #: 7040299
Parking Description: Driveway - Gravel
Sewer Description: City
Air Conditioning Type: Central
Water: City
Heat Type: Forced Air
Construction Description: Frame/Wood
Roof Description: Flat,Metal
Latest Update: 05/18/2026
List Date: 05/12/2026
Listing Agent ID: 76273
Listing Office: TRUE REAL ESTATE
Listing Office ID: 17969
Data Source: RASM - REALTOR® Association of Southern Minnesota
Appliances: Dishwasher,Dryer,Microwave,Range/Stove,Refrigerator,Washer
Interior Features: Security System,Fire Alarm,Kitchen Area,Restrooms,Smoke Detectors
Exterior Features: Brick
Lot Size:
School District: Waterville-Elysian-Morristown #2143
Tax Year: 2026
Estimated Taxes: $3,572
City: Elysian
Zip: 56028
Area: ELYSN/WATERVLE
County: Le Sueur County
State: MN
Listing last updated: 05/18/26

® Copyright 2025, Realtor Association of Southern Minnesota. All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use.