Elysian, MN 56028
$409,900
Property Type:
Commercial
Bedrooms:
4
Baths:
4
Lot Size (sq. ft.):
9,148
Status:
Active
Current Price:
$409,900
List Date:
5/15/2026
Last Modified:
7/23/2026
Listing Details MLS# 7072611
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1937
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial, Residential-Multi-Family
- Foundation Size
- 2535
- For Sale or Lease
- For Sale
- Acres
- 0.21
- Lot Dimensions
- 00x00
- Assessment Pending
- Unknown
- Other Parking Spaces
- 0
- Garage Stalls
- 0
Property Features
Accessible:
None
Air Conditioning:
Central Air
Amenities Unit:
Washer/Dryer Hookup
Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
CMU Style:
Apartments and Retail; Mixed Use
Construction Materials:
Frame
Construction Status:
Previously Owned
Current Use:
Commercial; Residential
Exterior:
Brick/Stone
Flooring:
Luxury Vinyl Plank
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Forced Air
Loan Terms:
Cash; Conventional; FHA; VA
Lock Box Type:
Supra
On Site Utilities:
Electric Common; Heating Common; Hot Water Common
Parking Characteristics:
Gravel Lot
Rent Rate per Foot:
Per Month
Road Frontage:
City Street
Road Responsibility:
Public Maintained Road
Roof:
Flat; Metal
Sewer:
City Sewer/Connected
Stories:
Two
Wall Description:
Drywall
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 409900
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Elysian
- County
- Le Sueur
- State
- MN
- Zip Code
- 56028
- Complex/Dev/Subdivision
- City Of Elysian
Assessments
- Tax With Assessments
- 3572
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 3525
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Sale Options
- Sale Includes
- Building
Unit 1
- Unit Number
- Unit A
- Monthly Rent
- 1750
- Full Baths
- Yes
- Total Bathrooms
- Yes
- Total Bedrooms
- 2
- Total Rooms
- 6
- Level
- 2nd Level
- Unit Total SqFt
- 1900
- Leased?
- Yes
- Lease Expiration Date
- 2026-06-30
Unit 2
- No. of 2 Bedroom Units
- 2
- Full Baths
- Yes
- Half Baths
- Yes
- Lease Expiration Date
- 2026-05-14
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 1600
- Total Bathrooms
- 2
- Total Bedrooms
- 2
- Total Rooms
- 6
- Unit Number
- Unit B
- Unit Total SqFt
- 1200
Unit 3
- Half Baths
- Yes
- Leased?
- No
- Level
- Main Level
- Monthly Rent
- 500
- Total Bathrooms
- Yes
- Total Rooms
- 3
- Unit Number
- Unit C
- Unit Total SqFt
- 500
Unit Details
- Total Units
- 3
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- CITY OF ELYSIAN/ELYSIUM BLOCK-019 LOTS 4-5-6 & S 1/2 OF LOTS 1-2-3
- Listing City
- Elysian
- Map Page
- 999
- Municipality
- Elysian
- School District
- Waterville-Elysian-Morristown
- School District Phone
- 507-275-3115
- Zip Plus 4
- 2034
- Property ID Number
- 164100730
- Tax Year
- 2026
- Tax Amount
- 3572
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 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!
- Directions
- From MN Hwy 60 east to Elysian turn left onto NW 3rd Street. Then take a right onto W. Main Street. The property will be located on the left.
Accessible
- None
- Yes
Air Conditioning
- Central Air
- Yes
Amenities Unit
- Washer/Dryer Hookup
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Construction Materials
- Frame
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Flooring
- Luxury Vinyl Plank
- Yes
Foundation
- Concrete Block
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Lock Box Type
- Supra
- Yes
Parking Characteristics
- Garage Dimensions
- No
- Gravel Lot
- Yes
Patio, Porch and Deck Features
- Deck
- Yes
Road Frontage
- City Street
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Roof
- Flat
- Yes
- Metal
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Wall Description
- Drywall
- Yes
Water
- City Water/Connected
- Yes
No. of Ranges
- Two
- Yes
No. of Refrigerators
- Two
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Apartments and Retail
- Yes
- Mixed Use
- Yes
Current Use
- Commercial
- Yes
- Residential
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA
- Yes
Rent Rate per Foot
- Per Month
- Yes
Listing Office:
True Real Estate
Last Updated: July - 23 - 2026
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