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$159,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5,040 Sq. Ft.
  • 0.172 Acres
  • Updated 16 hours ago
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Are you looking for a building to start you next business venture in. We have just what you are looking for, 5040 sq ft. on main street Milan, MN waiting for you to take advantage of. The possibilities are unlimited.

Full Property Details for 242 N 2nd St

General

  • Price: $159,900
  • Taxes: $3,094 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7046644
  • Updated: 4/2/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Concrete Slab, Tile

Rooms

Bathrooms

  • Total Bathrooms: 3

Additional Information

  • Amenities: Dock

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Chippewa
  • Township: Milan
  • Subdivision: Highland Park 3rd Add
  • Driving Directions: Hwy 59 thru Milan turn on Washington Ave. Go one block to Main Street. The building is on the SW corner.

School Information

  • School District: 1284 - Lac Qui Parle Valley
  • High School District: Lac Qui Parle Valley

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Oil

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common

Structural Information

  • Basement: Yes
  • Foundation Size: 5040
  • Roof: Metal
  • Ceiling Height: 8-10
  • Disability Access: No Stairs External, No Stairs Internal, Other
  • Square Feet: 5,040
  • Finished Down/Base.: 5,040 Sq. Ft.
  • Current Bldg. Use: Commercial, Vacant
  • Year Built: 1994

Lot Features

  • Lot Size (Acres): 0.172
  • Lot Dimensions: 75 x 150
  • Frontage: City Street
  • Potential Use: Office, Retail, Warehouse
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $3,094
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: ORIGINAL PLAT LOTS 1 & 2 BLOCK 9
  • Inclusions: Building, Land
  • Property ID: 601100905

Listed by Kuhlmann Real Estate, Inc.

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Listing agent

— 242 N 2nd St —

  • Kuhlmann Real Estate, Inc.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 242 N 2nd St

School District:Lac Qui Parle Valley School District
NameGradesDistance
Appleton Elementary School
349 South Edquist Street, Appleton, MN 56208
PK-47.7 mi
Madison-Marietta-Nassau Elementary School
316 4th Street, Madison, MN 56256
PK-415.2 mi
Lac Qui Parle Valley Secondary
2860 291st Avenue, Madison, MN 56256
7-127.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 242 N 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Listed
$159,900
5230%
MLS
10/19/2022
Sold
$3,000
—
Public Record
Get Price Alerts and Save Property
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 242 N 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,154
8%
$97,300
—
2023
$2,928
-10%
$97,300
1%
2022
$3,248
-6%
$96,400
—
2021
$3,448
-2%
$96,400
—
2021
$3,518
—
$96,400
—
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 Kuhlmann Real Estate, Inc.

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242 N 2nd Street, Milan, MN 56262 (MLS# 7046644) is a Commercial property. 242 N 2nd Street is currently listed for $159,900 and was received on April 02, 2026. Want to learn more about 242 N 2nd Street? Do you have questions about finding other Commercial real estate for sale in Milan? You can browse all Milan real estate or contact a Coldwell Banker agent to request more information.

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