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$83,500 -$2,400 (-2.79%) Price Reduced

  • For Sale
  • Active
  • Office
  • 1,200 Sq. Ft.
  • 0.6 Acres
  • Updated 4 days ago
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Excellent investment potential. Â Convenient commercial building located on main street in Gilbert has many updates and would make a great office building/small business location with off street parking. New gas direct vent furnace installed in 2025, updated plumbing, new hot water heater and new electric service. The building also has room for an apartment and the lower level has heat, plug outlets, lights and overhead door access with 1000 sq. ft. of usable space. Located near lakes and ATV trails, it offers many potentials for a great location for a small business. Â Own a business? Â Save on rent. Â Would also make a great commercial rental property.

Full Property Details for 207 S Broadway St

General

  • Price: $83,500
  • Taxes: $682 (2025)
  • Status: Active
  • Type: Office
  • Source: 1402
  • MLS ID: 6122415
  • Updated: 3/30/2026
  • Added to Site: 175 day(s) ago

Location

  • Area: R
  • County: St. Louis County
  • Driving Directions: Within the City limits of Gilbert on main street

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: City

Structural Information

  • Construction: Frame/Wood
  • Exterior Const.: Wood
  • Basement: Yes
  • Basement Desc.: Full, Walk Out
  • Foundation: Rock
  • Roof: Flat, Rubber
  • Ceiling Height: 8-10 Feet
  • Stories/Levels: 1
  • Square Feet: 1,200
  • Current Bldg. Use: Professional Service
  • Year Built: 1960

Lot Features

  • Lot Size (Acres): 0.6
  • Lot Dimensions: 25 x 110
  • Zoning: Business/Commercial

Financial Considerations

  • Price Per Sq. Ft.: $69.58
  • Tax Amount: $682
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: LOT: 0007 BLOCK:007, GILBERT 1ST ADD TO THE TOWNSITE
  • Inclusions: Building
  • Property ID: property image GeneralTotal SQFT:Total Fini

Listed by B.I.C. Realty

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— 207 S Broadway St —

  • B.I.C. Realty

***

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NMLS#: 1598647

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Price & Sales History for 207 S Broadway St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Price Reduced
$83,500
-2.79%
MLS
10/11/2025
Listed
$85,900
206.79%
MLS
10/10/2020
Sold
$28,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 207 S Broadway St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$682
21%
$22,400
-28%
2024
$562
-39%
$31,100
—
2023
$924
3%
$31,100
—
2022
$898
-4%
$31,100
—
2020
$938
6%
$31,100
—
2019
$882
12%
$31,100
11%
2018
$788
-23%
$28,000
—
2016
$1,022
-4%
$28,000
—
2015
$1,060
-26%
$28,000
—
2014
$1,435
32%
$28,000
-3%
2013
$1,084
—
$28,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by B.I.C. Realty

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207 S Broadway St, Gilbert, MN 55741 (MLS# 6122415) is a Office property. 207 S Broadway St is currently listed for $83,500 and was received on October 11, 2025. Want to learn more about 207 S Broadway St? Do you have questions about finding other Office real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

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