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    1608 Industry Ave Park Rapids, MN 56470

    New
    Under Contract
    For Sale
    $950,000

    Commercial - Park Rapids, MN

    Lot size:
    7.83 Acres
    Days on Market:
    6
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 1608 Industry Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    Business/Commercial
    APN
    326300310
    Parking features
    Driveway, Garage, Heated, Parking Lot
    Exterior features
    Metal
    Lot size
    7.83 Acres

    Utilities

    Heating system
    Forced Air, Hot Water (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1991
    Flooring type
    Concrete, Vinyl
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

    Keller Williams Realty Professionals (218) 454-4300 [email protected]

    Listing agent Brandon Gartner (218) 454-4300

    Listing date Dec 6, 2025

    MLS# 6768628 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Industrial Building in Park Rapids

    Located within Park Rapids city limits, this industrial building offers over 18,000 square feet of fully heated and finished interior space on 7.83 acres. The building features a durable metal roof and 16-foot ceilings throughout the main open area. The shop area includes 3-phase power, multiple air compressor hose connections, and eleven 14-foot overhead doors. A car lift is also included. The roadside entrance features an open entry, a large private office, and a break room. Ample parking is available. Situated in an established industrial park, the property offers visibility and recognition. The property is zoned for business and commercial use, making it suitable for a range of business ventures.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Park Rapids
    County
    Hubbard
    State
    Minnesota
    Longitude
    -95.062
    Latitude
    46.90544

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    FAQs

    What type of property is this?
    Industrial property - Expansive industrial building with 18,000+ sq ft on 7.83 acres.
    Where is this industrial property located?
    The property is located at 1608 Industry Ave Park Rapids, MN.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Expansive 18,000+ sq. ft. fully heated and finished industrial space on 7.83 acres within city limits.; - Equipped with 3-phase power, multiple air compressor connections, and a car lift.; - Features 11 overhead doors (14' height) providing easy access for large equipment.
    (218) 454-4300
    Request Owner's contact information
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    Park Rapids, MN 56470
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1608 Industry Ave Park Rapids, MN 56470
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