224 Elm Street W Norwood Young America, MN 55368 MLS# 7010599
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Property Description 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!
Details
Maps
Contract Information
Status: Active
Current Price: 278000
Contingency: None
ListPrice: 278000
List Date: 2026-02-25
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1896
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 2160
For Sale or Lease: For Sale
Acres: 0.06
Lot Dimensions: 47 x 65
Assessment Pending: No
Location Tax and Other Information
House Number: 224
Street Name: Elm
Street Suffix: Street
Street Direction Suffix: W
Postal City: Norwood Young America
County: Carver
State: MN
Zip Code: 55368
Complex/Dev/Subdivision: City Lts Of Norwood
Assessments
Tax With Assessments: 4124
Building Information
Building Finished SqFt: 4320
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 26
Section#: 14
Township#: 115
Sale Options
Sale Includes: Building, Land
Unit Details
Total Units: 2
Property Features
Accessible: Door Lever Handles; Grab Bars In Bathroom