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224 Elm Street W, Norwood Young America, MN 55368

$284,700
MLS# 7010599
  • 224 Elm Street W, Norwood Young America, MN 55368 Main Photo

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STATUS: Active
PROPERTY TYPE: Commercial - Retail
SUBDIVISION: City Lts Of Norwood
SCHOOL: Central

Property Description

Own a piece of history and build your future here.Exceptional opportunity to own a beautifully maintained updated 1896 historic commercial building in downtown Norwood Young America! Offering approximately 4,000 finished square feet plus an additional 2,000-square-foot unfinished basement, this remarkable property combines timeless architectural character with extensive modern updates.The impressive main level features approximately 2,000 square feet of open space, soaring 13-foot ceilings, & charming glass storefront along the sidewalk,& full exterior stairwell to 2nd level, creating excellent visibility and a welcoming presence for retail, studio, office, or a variety of owner-user business opportunities. A current beverage permit allows for coffee and tea service.The second level offers approximately 2,000 square feet with 8 expansive rooms, impressive 11-foot ceilings, and dramatic 9-foot pocket doors that can opens the rooms up for larger gatherings or close to create private rooms for meetings, classes, offices, or other flexible uses. A 2nd full solid wood back stairwell from back of main level.Extensive updates within approximately the past eight years include central heating and air conditioning, ductwork, plumbing, and electrical, along with updated bathrooms. The approximately 2,000-square-foot solid stone basement is exceptionally well maintained and provides outstanding storage and additional utility space also with toilet and laundry hookups.Previously home to a successful quilting and fabric business, with retail on the main level and classes upstairs, the building is now vacant and ready for its next owner and vision. Ideal possibilities include boutique retail, specialty shop, coffee or tea concept, creative studio, wellness business, educational or workshop space, professional offices, or an owner-user opportunity. Potential residential or mixed-use conversion may be explored subject to zoning, city approval, permits, and applicable building codes.A rare opportunity to own a distinctive historic building with character, flexibility, modern infrastructure, and endless potential in the heart of downtown Norwood Young America!

224 Elm Street W | MLS# 7010599

This commercial property located at 224 Elm Street W, Norwood Young America, MN 55368 is currently listed for sale with an asking price of $284,700. Elm Street W is located within the Central school district. Search Norwood Young America real estate on www.counselorrealty.com today.

Property Features

Property Type: Commercial - Retail
Basement: Yes
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.06 Acres
Roof Type: Age Over 8 Years, Other, Pitched
Stories: 2.0
Taxes: $4,124
Year Built: 1896

Feature Descriptions

Basement: Drainage System, Full, Storage Space
Current Use: Retail
Days on Site: 188
Foundation Size: 2160
Handicap Accessible: Grab Bars In Bathroom, Door Lever Handles
Lot: Corner Lot
Lot Dimensions: 47 x 65
Parcel#: 580500560
Parking: On-Street Parking Only
Road Frontage: City Street, Curbs, Paved Streets
Sale Includes: Building, Land
Sewer: City Sewer/Connected
Units: 2
Utilities: Electric Common, Heating Separate, Hot Water Common
Water: City Water/Connected

Local Schools

School District: Central

Listed By / Shown By

Listed By

Agency Name: RE/MAX Advantage Plus
Agency Phone: 952-253-5600

Shown By

Agency Title: Counselor Realty
Agency Phone: 612-405-8404

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