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Listed price in listed location currency (USD).
$285,000

210

MLS® 7007841

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $1,392
Days Active 0
Approx. Age 1890
MLS® Number 7007841

Property Address: 201 N Sibley Ave, Litchfield, MN, 55355-2140

Average square foot calculated using Size range provided by listing agent.

Description

Historic downtown commercial building. Rare chance to purchase one of the area’s most significant contributing buildings in the Litchfield Historic District. The first floor is currently set up as a restaurant/bar, and ready for a new vision. Beautiful old world charm; exposed brick, ornate ceilings, original hardwood floors, large commercial windows set the tone for this unique space. The second floor includes a very spacious (1, 500sqft) two-bedroom apartment. Recently remodeled; extra tall ceilings, roof top patio, modern appliances and architectural splashes of historic finishes. The second floor also holds the potential for two to three additional apartments. Last occupied in the 80’s, these units lay in wait for a new creative vision to unlock their beauty and potential. An exciting opportunity for someone looking to add value, sweat equity, and passive income, by converting historic charm into sophisticated urban living. Perhaps the largest upside to the building however, is through a grant currently in process with the City of Litchfield. Litchfield was a awarded $2 million facade grant in 2024 that comes into affect in Spring 2026. The current application covers significant improvements to the exterior of the building including windows, doors, brick work, and other improvements. While the building stands as a testament to the area's rich heritage, the downtown has seen a resurgence of investment interest. State grants, city infrastructure projects, and the exchange of hands of many of the buildings, have all contributed to a rapid influx of investments in recent years. Making this property, at this time, an extremely attractive entry point for someone looking to capitalize on the momentum, build value and contribute to the revitalization of downtown.
MLS® Number7007841
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1890
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 13, 2026List Date
$285,000List Price
  • Commute

Commute

Starting Address
Destination Address
201 N Sibley Ave, Litchfield, MN

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