224 Elm ST W Norwood Young America, MN 55368
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision City Lts Of Norwood
MLS Listing ID 7010599
Year Built 1896
Annual Tax Amount $4,124
Tax Year 2024
Contingent None
Lot Size 2,613 Sqft
Lot Dimensions 47 x 65
Property Description
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!
Location
State MN
County Carver
Zoning Business/Commercial
Rooms
Basement Drainage System, Full, Storage Space
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building, Land
Fireplace No
Exterior
Parking Features On-Street Parking Only
Utilities Available Electric Common, Heating Separate, Hot Water Common
Roof Type Age Over 8 Years,Other,Pitched
Present Use Retail
Building
Lot Description Corner Lot
Story Two
Foundation 2160
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Central
