Mixed-Use Property with 6
For Sale
$499,900
105 1st Street W, Milaca, MN 56353
Commercial Sale, Milaca, MN
Property SizeContact for details
Lot Size0.04 Acres
Days on Market9
Property Features for 105 1st Street W
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Business/Commercial, Residential-Multi-Family
Parking features
On Street
Subdivision
First Add To Milaca
High school district
Milaca
Directions
Hwy 23 to Milaca, North on Central Ave to Property on the corner of Central Avenue and 1st Street W.
Standard status
Active
APN
210410290
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5658
Utilities
Heating system
Baseboard, Forced Air
Building Details
Year built
1900
Listing Agency:
Premier Real Estate Services
(320) 259-4554
Listed By:
Douglas A. Seanger
(320) 980-5999
Added: Sep 18
Changed: Sep 20
Last Checked: Sep 26 at 7:06AM
MLS# 7147300
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines six residential apartments with a main-level commercial area. The apartments include four one-bedroom units and two efficiency units, and all six are currently leased. The commercial portion most recently operated as a restaurant and may support office, retail, service, or other commercial uses subject to zoning and required approvals.
Built in 1900, the property occupies 0.043 acres at 105 1st Street W in Milaca, Minnesota. Its corner setting provides prominent street exposure, while parking is available on the street. Heating is provided by baseboard and forced-air systems, giving the property an established residential and commercial configuration.
Built in 1900, the property occupies 0.043 acres at 105 1st Street W in Milaca, Minnesota. Its corner setting provides prominent street exposure, while parking is available on the street. Heating is provided by baseboard and forced-air systems, giving the property an established residential and commercial configuration.
Key Highlights
- Six apartments: four 1‑bedroom units and two efficiency units
- All 6 residential units are currently leased
- Main‑level commercial space most recently operated as a restaurant
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
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Main-level commercial space accompanies fully leased residential units in a corner property with on-street parking.
Where is this mixed-use property located?
The property is located at 105 1st Street 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: Six apartments: four 1‑bedroom units and two efficiency units; All 6 residential units are currently leased; Main‑level commercial space most recently operated as a restaurant
