126 Main Street N, Stillwater, MN 55082

$1,995,000

Property Type: Commercial Bedrooms: 4 Baths: 3 Lot Size (sq. ft.): 1,307 Status: Active

Current Price: $1,995,000 List Date: 9/08/2026 Last Modified: 9/22/2026

Overview

Description

Welcome to 126 Main Street, a truly exceptional opportunity in the heart of historic downtown Stillwater! This stunning property features a beautifully renovated retail space on the main level, plus two impressive residential apartments above, all thoughtfully updated with modern finishes while maintaining the charm of downtown Stillwater. All three units are currently fully leased. The spacious three-bedroom unit is a standout, featuring large stained-glass detailed windows with breathtaking views of the St. Croix River, historic downtown Stillwater, and the iconic Stillwater Lift Bridge. Step outside onto the expansive rooftop deck, the perfect place to relax, entertain, and take in the incredible views and vibrant downtown atmosphere. Adding even more value to this rare property is a garage stall, an uncommon and highly desirable feature in downtown Stillwater. The unbeatable location puts you just steps from local shopping, restaurants, bars, entertainment, and everything downtow ... (Read more)

Listing Details MLS# 7140642

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: Yes
Year Built: 1882
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Single Family
Foundation Size: 4400
Garage Stalls: Yes
Lake/Waterfront Name: St. Croix River
For Sale or Lease: For Sale
Acres: 0.03
Lot Dimensions: 84x19
Assessment Pending: No

Property Features

Accessible: None Basement: Storage Space CMU Style: Apartments and Retail Construction Status: Previously Owned Current Use: Residential; Retail Exterior: Brick/Stone Foundation: Stone Fuel: Natural Gas Heating: Forced Air; Hot Water On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Sewer: City Sewer/Connected Water: City Water/Connected Waterfront Type: River Front Waterfront View: River

Contract Information

Contingency: None
ListPrice: 1995000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 126
Street Name: Main
Street Suffix: Street
Street Direction Suffix: N
Postal City: Stillwater
County: Washington
State: MN
Zip Code: 55082
Complex/Dev/Subdivision: Stillwater

Assessments

Tax With Assessments: 19514

Building Information

Building Finished SqFt: 4400

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 252

Public Survey Info

Range#: 20
Section#: 28
Township#: 30

Sale Options

Sale Includes: Building

Unit 1

Unit Number: Yes
Monthly Rent: 3500
Full Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 3
Level: 2nd Level
Unit Total SqFt: 1482
Leased?: Yes
Lease Expiration Date: 2027-09-30
No. of 1 Bedroom Units: Yes

Unit 2

Lease Expiration Date: 2027-05-31
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1950
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 2

Unit 3

No. of 3 Bedroom Units: Yes
Half Baths: Yes
Lease Expiration Date: 2029-05-31
Leased?: Yes
Level: Main Level
Monthly Rent: 2650
Total Bathrooms: Yes
Unit Number: retail
Unit Total SqFt: 979

Unit Details

Total Units: 3

Listing Office: Coldwell Banker Realty

Last Updated: September - 22 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

126 Main Street N, Stillwater, MN 55082 (MLS# 7140642)