Lucrative opportunity to invest in New Germany! 100 State Avenue is a 5 unit residential building that had complete interior renovation in 2010. Check out the interior pictures! Kitchens, bathrooms, electric, plumbing, flooring, doors, door jambs, WINDOWS, door and window frame molding. Separate forced air HVAC and separate electric and gas meters. Future expansion or storage space of 450 square feet on main level. Room for 12 parked cars. Slab for 2 car garage already there plumbed for future heated floor! Side yard with room for communal garden. This property is adjacent to the Dakota Rail Regional Trail. Amazing location. Amazing views. Come with siding ideas and watch your equity grow!
Hollywood Roadhouse, a West Metro icon with a large following, is ready to be your opportunity. Pickup where the current owners have left off, and/or bring your ideas to this ideal location at the crossroads of County Rd. 33 and Highway 7. Combining the two, approximately 12,000 vehicles trips pass the Roadhouse daily according to MNDOT. Imagine adding a drive through window for coffee in the morning and whiskey in the evening?! :-O The owners got too busy with life and running another business, but a rabid fanbase clamors for a re-opening. Checkout the FB page with nearly 5000 followers. Aside from its amazing food menu, HRH is also know as a craft beer and whiskey utopia with a bar featuring 40 tap lines. Please take some time to read the comments left on the individual pictures for more details on what the property has to offer. Unlimited catering potential. The current owners intend to help the new owner(s) get their new venture launched and up and running. A 5% CD is possible.
The median home value in New Germany, MN is $304,000. This is lower than the county median home value of $428,500. The national median home value is $338,100. The average price of homes sold in New Germany, MN is $304,000. Approximately 78.43% of New Germany homes are owned, compared to 13.73% rented, while 7.84% are vacant. New Germany real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Germany real estate agent to arrange a tour today!
New Germany, Minnesota has a population of 504. New Germany is less family-centric than the surrounding county with 40.17% of the households containing married families with children. The county average for households married with children is 40.92%.
The median household income in New Germany, Minnesota is $65,000. The median household income for the surrounding county is $107,890 compared to the national median of $69,021. The median age of people living in New Germany is 30.6 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 3.1 degrees. The average rainfall is approximately 30.9 inches per year, with 44.6 inches of snow per year.