Home › 196 Main Street W, Elysian, MN 56028 (MLS# 7072611)

196 Main Street W, Elysian, MN 56028 (MLS# 7072611)

$399,900
196 Main Street W
Elysian, MN 56028
MLS# 7072611
4 beds  |  4 baths
196 Main Street W, Elysian, MN 56028
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196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028 196 Main Street W, Elysian, MN 56028

Property Description
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!

Details
Maps
Contract Information
Status: Active
Current Price: 399900
Contingency: None
ListPrice: 399900
List Date: 2026-05-13
Owner is an Agent?: No
Auction?: No
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
Bedrooms: 4
Baths Total: 4
Foundation Size: 2535
For Sale or Lease: For Sale
Acres: 0.21
Lot Dimensions: 00x00
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 196
Street Name: Main
Street Suffix: Street
Street Direction Suffix: W
Postal City: Elysian
County: Le Sueur
State: MN
Zip Code: 56028
Complex/Dev/Subdivision: City Of Elysian
Assessments
Tax With Assessments: 3572
Building Information
Building Finished SqFt: 3525
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: 1700
Full Baths: 1
Total Bathrooms: 1
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: 1
Half Baths: 1
Lease Expiration Date: 2026-05-14
Leased?: Yes
Level: Main Level
Monthly Rent: 1650
Total Bathrooms: 2
Total Bedrooms: 2
Total Rooms: 6
Unit Number: Unit B
Unit Total SqFt: 1200
Unit 3
Half Baths: 1
Leased?: No
Level: Main Level
Monthly Rent: 615
Total Bathrooms: 1
Total Rooms: 3
Unit Number: Unit C
Unit Total SqFt: 500
Unit Details
Total Units: 3
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

Listing Office: True Real Estate

Last Updated: October - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 11th of October 2026 11:36 AM

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