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$284,700 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.06 Acres
  • Updated 5 hours ago
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Full Property Details for 224 Elm St W

General

  • Price: $284,700
  • Taxes: $4,124 (2024)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7010599
  • Updated: 2/25/2026
  • Added to Site: 1 day(s) ago

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Carver
  • Township: Norwood Young America
  • Subdivision: City Lts Of Norwood
  • Driving Directions: 30 minutes of Eden Prairie on Hwy 212 to Norwood. South on Reform St, east on Elm to property.

School Information

  • School District: 647 - Central
  • High School District: Central

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Drainage System, Full, Storage Space
  • Foundation Size: 2160
  • Roof: Age Over 8 Years, Other, Pitched
  • Disability Access: Grab Bars In Bathroom, Door Lever Handles
  • Current Bldg. Use: Retail
  • Year Built: 1896

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 47 x 65
  • Frontage: City Street, Curbs, Paved Streets
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot

Financial Considerations

  • Tax Amount: $4,124
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: P/O BLK 7 DESC AS: BEG AT SW CORN OF BLK TH N ON E LINE OF BLK 67.25' TH S84*E 41.67' TH S 62.49' TO A PT ON S LINE OF BLK TH W ON S LINE 50.9' TO PT OF BEG OLD # 60.0500620 SUBDIVISIONNAME CITY LOTS OF NORWOOD BLOCK 007 SUBDIVISIONCD 58050 SECTION 14 TOWNSHIP 115 RANGE 026
  • Inclusions: Building, Land
  • Property ID: 580500560

Listed by RE/MAX Advantage Plus

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— 224 Elm St W —

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NMLS#: 1598647

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Schools serving 224 Elm St W

School District:Central Public School District
NameGradesDistance
Central Elementary School, Norwood Young America, MN
655 Southwest 7th Street, Norwood Young America, MN 55368
K-50.4 mi
Central Middle School, Norwood Young America, MN
531 Morse Street North, Norwood Young America, MN 55368
6-80.5 mi
Central Senior High School, Norwood Young America, MN
531 Morse Street North, Norwood Young America, MN 55368
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 224 Elm St W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/25/2026
Listed
$284,700
135.29%
MLS
10/09/2015
Sold
$121,000
—
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 224 Elm St W

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,368
6%
$217,000
—
2024
$4,124
73%
$217,000
7%
2023
$2,388
—
$202,400
94%
2023
$2,388
-20%
$104,300
-14%
2021
$2,984
—
$121,900
-2%
2021
$2,984
-3%
$124,000
—
2020
$3,092
8%
$124,000
5%
2019
$2,860
—
$118,100
—
2018
$2,872
15%
$118,200
48%
2017
$2,498
1%
$79,700
—
2016
$2,476
-1%
$79,700
2%
2015
$2,502
-3%
$78,500
1%
2014
$2,578
3%
$77,900
2%
2013
$2,494
—
$76,100
—
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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224 Elm Street W, Norwood Young America, MN 55368 (MLS# 7010599) is a Commercial property. 224 Elm Street W is currently listed for $284,700 and was received on February 25, 2026. Want to learn more about 224 Elm Street W? Do you have questions about finding other Commercial real estate for sale in Norwood Young America? You can browse all Norwood Young America real estate or contact a Coldwell Banker agent to request more information.

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