Corner Mixed-Use
105 1st St W, Milaca, MN 56353
For Sale
$499,900
Six leased apartments accompany adaptable main-level commercial space in a prominent corner setting.
Property Size5,850 SF
Price / SF$85.45
Days on Market52
Property Features for 105 1st St W
General Information
Standard status
Size
Occupancy
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Tenancy
Listing Agency:
Premier Real Estate Services
Listed By:
Douglas A. Seanger · License MN #20211992
(320) 980-5999
Source:
Tayloronken
Added: Sep 22
Changed: Oct 25
Last Checked: Oct 7 at 5:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier Real Estate Services
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Investment Insights
Based on property information with market context.
This mixed-use property contains 5,850 square feet with six residential apartments above or alongside main-level commercial space. The apartment mix includes four one-bedroom units and two efficiency units, and all six are currently leased. The commercial area most recently operated as a restaurant and provides a separate component for an owner-user or future tenant.
Located at 105 1st St W in Milaca, the property occupies a corner location with prominent exposure. The commercial space may be considered for office, retail, service, or other commercial applications, subject to zoning and required approvals. Built in 1900, the property combines an established residential component with flexible commercial space in one asset.
Located at 105 1st St W in Milaca, the property occupies a corner location with prominent exposure. The commercial space may be considered for office, retail, service, or other commercial applications, subject to zoning and required approvals. Built in 1900, the property combines an established residential component with flexible commercial space in one asset.
Key Highlights
- 5,850‑square‑foot mixed‑use property built in 1900
- Six apartments: four 1‑bedroom units and two efficiency units
- All 6 residential units are currently leased
Property Analytics
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Current Use
Lease Details
6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
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Business Placement
Demographics for 56353, MN
9,314
Population
4,048
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
92%
High-School Grad
189.8 sq mi
ZIP Area
49
Density / Sq Mi
$77,170
Median Household Income
$41,946
Median Earnings
$882
Median Rent
$239,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Six leased apartments accompany adaptable main-level commercial space in a prominent corner setting.
Where is this mixed-use property located?
The property is located at 105 1st St W Milaca, MN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 5,850‑square‑foot mixed‑use property built in 1900; Six apartments: four 1‑bedroom units and two efficiency units; All 6 residential units are currently leased
