207 Main Street S, Chatfield, MN 55923

New Listing
$150,000
Property Type: Commercial Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $150,000 List Date: 6/10/2026 Last Modified: 6/10/2026

Overview

Description

Bring your design ideas to this classic 1898 brick building, perfectly situated right in the heart of bustling Main Street South. Offering an incredible footprint with high visibility, this versatile property features a spacious main-floor commercial space—previously operated as a restaurant—and two 1-bedroom apartments on the second floor. This property serves as a true blank canvas, making it an ideal choice for an investor looking to build equity, a business owner wanting a live-work setup, or a developer aiming to capitalize on Chatfield's residential rental demand. The ample square footage offers an excellent opportunity to customize the entire space from top to bottom. Bring your contractor, explore the possibilities, and unlock the massive potential of this downtown anchor! The property is being sold strictly in "As-Is" condition.

Listing Details MLS# 7087805

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Year Built
1898
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
3456
For Sale or Lease
For Sale
Acres
0.07
Lot Dimensions
19x121
Assessment Pending
Unknown
Other Parking Spaces
0
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air Basement: Unfinished CMU Style: Apartments and Retail Construction Status: Previously Owned Current Use: Residential; Restaurant Exterior: Brick/Stone Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Location Description: Downtown Lock Box Type: Combo Lot Description: Infill Lot Miscellaneous Information: Building Sign; Display Window; Kitchen Facilities On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Potential Use: Restaurant Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
150000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
207
Street Name
Main
Street Suffix
Street
Street Direction Suffix
S
Postal City
Chatfield
County
Fillmore
State
MN
Zip Code
55923
Complex/Dev/Subdivision
Chatfields Original

Assessments

Tax With Assessments
4400
Assessment Balance
0

Building Information

Building Finished SqFt
6912
Building SqFt
6912

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No
Building Sign
Yes
Display Window
Yes
Kitchen Facilities
Yes

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 1

No. of 1 Bedroom Units
2

Unit Details

Total Units
3

Office/Member Info

Association
SEMR

Location, Tax and Other Information

Legal Description
CHATFIELDS ORIGINAL PLAT LOT-004 BLOCK-020 BK 71 PAGE 190 & SE 25' OF N 35' LOT 4 BLK 20
Listing City
Chatfield
Map Page
999
Municipality
Chatfield
School District
Chatfield
School District Phone
507-867-4210
Zip Plus 4
7634
Property ID Number
260240000
Tax Year
2025
Tax Amount
1365
In Foreclosure?
Not disclosed
Potential Short Sale?
Not disclosed
Lender Owned?
Not disclosed

Directions & Remarks

Public Remarks
Bring your design ideas to this classic 1898 brick building, perfectly situated right in the heart of bustling Main Street South. Offering an incredible footprint with high visibility, this versatile property features a spacious main-floor commercial space—previously operated as a restaurant—and two 1-bedroom apartments on the second floor. This property serves as a true blank canvas, making it an ideal choice for an investor looking to build equity, a business owner wanting a live-work setup, or a developer aiming to capitalize on Chatfield's residential rental demand. The ample square footage offers an excellent opportunity to customize the entire space from top to bottom. Bring your contractor, explore the possibilities, and unlock the massive potential of this downtown anchor! The property is being sold strictly in "As-Is" condition.
Directions
Head toward the center of Chatfield. US-52 turns into Main Street as it passes through town. It sits on the east side of Main Street, between 2nd Street SE and 3rd Street SE.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Basement

Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Brick/Stone
Yes

Foundation

Poured Concrete
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lock Box Type

Combo
Yes

Lot Description

Infill Lot
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Apartments and Retail
Yes

Current Use

Residential
Yes
Restaurant
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Downtown
Yes

Potential Use

Restaurant
Yes
IDX
Listing Office: Realty Growth Inc.
Last Updated: June - 10 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.