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Overview
Location
Mortgage
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Sold for $550,500
Sold for $550,500
514 Main St E New Prague, MN 56071
$550,500
CLOSEDBeds
Baths
Sqft
Acres
1.34
Year
1930
Close Date
Jul 31, 2026
Property Type
Commercial Sale
Sub Type
Per Square Foot
$550,500
Date Listed
May 28, 2026
Description of 514 Main St E, New Prague, MN 56071
Listing details for 514 Main St E, New Prague, MN 56071 : Great investment property. Recently refurbished, 7 units total, include one 3-bedroom, five 1-bedrooms and a studio. Large 2 stall detached garage/workshop w/11 storage units available. All units currently under leases-cash flow is positive. Zoned High-Density Residential (RH1). Good for townhouses and apartments. Conditional use nursing home/assisted living facility. Property is located on high visibility parcel on the main east/west thoroughfare through New Prague. Site provides plenty of parking and has New Prague Park in its back yard.
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Listing Updated : 08-25-2026 at 5:41 AM CDT
Property Details
Property Overview
Listing Price
$584,900
MLS #ID
NST7082202
Close Price
$550,500
Close Date
Jul 31, 2026
Bedrooms
Bathrooms
Square Footage
Acres
1.34
Year
1930
Days on Site
4 Days
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
May 28, 2026
Location
Street Address
514 Main St E
City
State
Minnesota
ZIP Code
County
Driving Directions
Main Street New Prague to 514 Main, house on south side of street
Schools
School District
Construction / Architecture
Year Built
1930
Construction Materials
Frame
Foundation
Block
Roof
Age 8 Years or Less
New Construction
No
Price per Sq Ft
$0
Lot Features
Property Adjoins Public Land and Tree Coverage - Medium
Lot Size (Acres)
1.34
Lot Dimensions
165x418x75x134x96x276
Interior Details
Flooring
Vinyl and Wood
Fireplace
No
Heating
Boiler and Forced Air
Cooling
Window Unit(s)
Exterior Details
Garage
No
Garage Spaces
3
Parking Features
Detached Garage, Gravel, Concrete, Shared Driveway and Parking Lot
Exterior Features
Vinyl
Fencing
None
Waterfront
No
Water Source
City Water - In Street
Sewer
City Sewer - In Street
Taxes, HOA & Financing
Annual Property Tax
$6,434.00
HOA Fee Includes
None
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Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: NST7082202
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Property History
DateEventPrice
7/31/2026
Sold
$550,500
Source:NorthstarMLS #NST7082202
NorthstarMLS #NST7082202 5/28/2026
Listed for sale
—
Source:NorthstarMLS #NST7082202
NorthstarMLS #NST7082202 4/3/2018
Sold
$290,000
Source:NorthstarMLS #NST4808373
NorthstarMLS #NST4808373 3/24/2017
Listed for sale
—
Source:NorthstarMLS #NST4808373
NorthstarMLS #NST4808373Location of 514 Main St E, New Prague, MN 56071
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Schools Near 514 Main St E, New Prague, MN 56071
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Based on information submitted to the MLS GRID as of 2026-08-25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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