224 Elm Street W, Norwood Young America, MN

$284,700

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0.06

Acres

About 224 Elm Street W

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!

Features of 224 Elm Street W

MLS® # 7010599
Price $284,700
Acres 0.06
Year Built 1896
Type Commercial Sale
Status Active

Community Information

Address 224 Elm Street W
Subdivision City Lts Of Norwood
City Norwood Young America
County Carver
State MN
Zip Code 55368

Amenities

Utilities Electric Common, Heating Separate, Hot Water Common
Parking On-Street Parking Only
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No

Exterior

Exterior Features Stone
Lot Description Corner Lot
Roof Age Over 8 Years, Other, Pitched

School Information

District Central

Additional Information

Days on Market 197
Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $4,124
Tax Year 2024

Listing Details

OfficeRE/MAX Advantage Plus

Listing Map

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