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$285,000

Sold

3 months ago

201 N Sibley Ave, Litchfield, MN

House

MLS® 7007841

Buyer represented by an agent of Premier Real Estate Services

2 Bed

1 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $1,392
Lot Size 
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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1890
BasementPartially Finished
DrivewayParking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

Mar 2, 2026End Date
$255,000Sold Price

Sold

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

Commute

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

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