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$349,000
3 Beds ⋅ 2 Baths ⋅ 7095297 MLS
Incredible mixeduse opportunity in Springfield, MN! This unique property includes two updated geothermal homes, a 44×88 commercial shop, and three city lots, all sold together as one versatile package. Perfect for investors, business owners, or anyone seeking a live work setup with multiple income streams. The commercial building features a freshly painted brick front, 200 amp electrical, multiple overhead doors, upper storage, and mixed commercial/residential zoning. Ideal for welding, auto work, or rental income. Both homes are updated and energy efficient with geothermal heating/cooling, modern siding, and 1.75 baths. One home is currently rented, providing immediate income. The three city lots offer ample parking, yard space, and future expansion potential. A rare chance to own a turnkey multi property package with exceptional flexibility and value. Property includes two tax parcels and a commercial building that crosses parcel lines. All parcels must be sold together. Property Taxes does not include the 2nd parcel ID Number and lot size.

101 Wilson Street, Springfield

Listing courtesy of Savvy Avenue, LLC.

$65,000
7086853 MLS
Turnkey Business Opportunity in the Heart of Sleepy Eye, MN. Bring your entrepreneurial vision to a well-established community destination. Sleepy Eye Lanes, a classic eight-lane bowling center with a strong local following and long-standing history, is now available for purchase as a fully operational, turnkey business. The sale includes the bowling center and all equipment necessary for continued operation, including Brunswick AS90 automatic scoring, AMF 8230 pinsetters, lockers, approach-area seating, furniture, fixtures, and operational equipment. The spacious layout offers ample room for league play, tournaments, parties, private events, and community gatherings. The current owner holds an on-sale liquor license, creating additional opportunities to enhance customer experience and expand revenue streams. With its established presence, loyal customer base, and room for growth, this is an exceptional opportunity to continue a local tradition while introducing new ideas and energy. Whether you're an experienced business owner or an aspiring entrepreneur, Sleepy Eye Lanes offers the foundation to build on a successful operation and make it your own.

140 S First Avenue, Sleepy Eye

Listing courtesy of Heartland Real Estate Services LLC.

$250,000
4 Beds ⋅ 1 Baths ⋅ 7084136 MLS
Beautiful two-story brick home is ready for its new owners! Huge front porch, one stall attached garage, across the street from a park and a school. When you enter from the big front porch, a nice sized foyer welcomes you with a beautiful staircase and original wood throughout. The main floor has a cozy living room, formal dining room, and an updated kitchen! Upstairs, you'll find three bedrooms and a full bath which has a clawfoot tub! So much character in this home! The finished basement has a family room with a gas fireplace, plus a 4th bedroom and a completely remodeled 3/4 bathroom! The home sits on a corner lot and is also close to the shuttle service which transports to all of the schools in New Ulm! You do not want to miss seeing this beauty, call today for a private tour!

700 N State Street, New Ulm

Listing courtesy of Bridge Realty, LLC.

$75,000
7079054 MLS
Excellent downtown Springfield investment opportunity! This mixed-use commercial property features a prime main-level commercial space with 1,782 sq ft currently occupied by Community Treasures, offering strong visibility and a well-established downtown presence. The upper level includes a two spacious apartments (a one bedroom and a two bedroom) creating additional income potential or the perfect owner-occupant setup. The property also features a full basement, providing ample storage space and added functionality for business or tenant use. Located in a high-traffic downtown area with easy access and excellent exposure, this property offers outstanding potential for investors, entrepreneurs, or those seeking a live/work opportunity. Don’t miss your chance to own a versatile downtown property in the heart of Springfield!

20 E Central Street, Springfield

Listing courtesy of Reiner Real Estate.

$175,000
7079886 MLS
Prime downtown commercial opportunity with endless potential! This high-visibility property offers approximately 2,268 sq. ft. of main-level commercial space ideally suited for retail, office, restaurant, boutique, or service-based business use. Located in the heart of downtown Springfield, the property benefits from excellent traffic counts, strong visibility, and easy access for customers and clients alike. Above the commercial space is a spacious upper-level 2-3 bedroom apartment, offering comfortable living with scenic downtown views and providing excellent income-producing potential or owner-occupant flexibility. The full basement provides ample storage space. In addition to the real estate, there is also the opportunity to purchase a well-established turnkey business that has successfully served the community for many years, making this an exceptional investment opportunity for entrepreneurs and investors alike. Whether you are looking to expand your business, invest in mixed-use property, or take advantage of a proven business location, this property delivers outstanding potential.

18 E Central Street, Springfield

Listing courtesy of Reiner Real Estate.

$275,000
4 Beds ⋅ 2 Baths ⋅ 7079613 MLS
Welcome to 921 N Payne Street in New Ulm! This well-maintained 4 bedroom, 2 bathroom home offers over 2,300 finished square feet and a unique opportunity for homeowners and investors alike. The main level features fresh paint throughout the kitchen, dining, living, and bedroom spaces, while the durable steel siding provides low-maintenance living. The licensed lower-level rental includes a kitchenette, living room, bedroom with egress window, 3/4 bathroom, and walkout access, offering excellent income potential or flexible multigenerational living. A detached 2-stall garage, bonus lower-level space, and established neighborhood location complete this versatile property. Schedule your showing today!

921 N Payne Street, New Ulm

Listing courtesy of Keller Williams Preferred Rlty.

$429,000
2 Beds ⋅ 2 Baths ⋅ 7054661 MLS
Discover the rare opportunity to create your dream home from the ground up! This thoughtfully designed 2-bedroom, 2-bathroom duplex will be located on the desirable south edge of Springfield in the peaceful Wild Ridge Addition, offering a quiet, relaxed setting while still being conveniently close to town. This home will feature comfortable main-level living with an open, functional layout and an attached double garage for added convenience. Best of all, buyers will have the unique chance to fully customize the home to their exact tastes and needs—from finishes to fixtures both inside and outside—ensuring every space reflects their personal style. Even better, the building process is designed to be simple and seamless. The contract work and coordination will be handled for you, making it easy to focus on the fun part—selecting the features and finishes that make the home truly yours. Whether you’re looking for modern elegance, cozy comfort, or something in between, this is your chance to bring your vision to life in a beautiful, low-maintenance new build in one of Springfield’s most serene locations. Up to $40,000 down payment assistance possibilities for this new construction!

xxx Garden Street, Springfield

Listing courtesy of Reiner Real Estate.

$115,000
4 Beds ⋅ 2 Baths ⋅ 7033085 MLS
Welcome to 117 W Van Dusen Street! Packed with potential, this 4-bedroom, 1.25-bath home sits right in the heart of Springfield and is ready for your personal touch. You’ll love the character throughout—from the cozy bay window that’s perfect for a reading nook to the beautiful wood floors on both the main level and upstairs, along with original door knobs that add a touch of vintage charm. The layout offers a main floor bedroom and updated bath, with three additional bedrooms upstairs, giving you plenty of space to grow. Outside, the fenced yard provides room to enjoy the outdoors, while the large basement adds even more possibilities for storage, hobbies, or additional living space. Recent updates include new furnace and A/C. A great opportunity to make this home your own - schedule a tour today!

117 W Van Dusen Street, Springfield

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$219,900
3 Beds ⋅ 2 Baths ⋅ 7006232 MLS
Property back on the market due to buyer's home contingency title. 731 3rd Ave NE Sleepy Eye, MN property story A spacious rambler is waiting for your turnkey move-in. 3 main floor bedrooms, 3 bathrooms, large kitchen, living & family room areas perfect for your family, plus MF laundry. A 4th potential lower bedroom if add an egress. 2025 updates include: new keyless entry, front storm door, painted deck, lower-level family room carpet tiles, new carbon monoxide detectors. 2023-new water heater, sump pump. In past years the sellers updated carpets, fresh paint & amp; overhead lighting to living room & bedrooms. Attached garages have great workshop area as well as lots of storage areas in the home. This corner lot is waiting for you. All appliances included. Buyer and buyer agent to verify all measurements and information.

731 3rd Avenue NE, Sleepy Eye

Listing courtesy of Mages Land Co & Auction.

$310,000
6779299 MLS
Located in the heart of historic downtown New Ulm, 214 N Minnesota Street presents a rare opportunity to own a high-visibilitycommercial property with deep local recognition. Formerly home to the Lamplighter Family Sports Bar & Grill, this iconic corner building offersoutstanding potential for redevelopment into a vibrant new business or mixed-use concept. Its prime location ensures consistent foot traffic andexcellent exposure, surrounded by other thriving local establishments. This property also features ample parking behind the building, a rare commodoity in most downtown locations. The flexible interior layout provides a blank canvas suitable for a wide range of uses—from restaurants and cafés to boutique retail, entertainment venues, or even adaptive reuse as a mixed commercial and residential space with two apartments on the upper level. AsNew Ulm’s downtown continues to see revitalization and investment, this property stands out as a strategic opportunity to capitalize on the area's momentum. Whether you're envisioning a revived hospitality concept or launching something entirely new, 214 N Minnesota Street delivers the location, visibility, and history to support your vision. Property also available for lease upon request – please inquire for details. Concept designs available by request for commercial and residential spaces.

214 N Minnesota Street, New Ulm

Listing courtesy of True Real Estate.

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