Restaurant Property with
For Sale
Under Contract
$469,000
109 1st Street E, Park Rapids, MN 56470
Commercial Sale, Park Rapids, MN
Property SizeContact for details
Lot Size0.80 Acres
Days on Market227
Property Features for 109 1st Street E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial
Parking features
Parking Lot, Driveway
Accessibility
Accessible Approach with Ramp
Subdivision
G H Rices Add/Pk Rapids
High school district
Park Rapids
Directions
From Park Rapids Highway 71 and Highway 34, head East on Highway 34 to property on North side of road.
Standard status
Active Under Contract
APN
324100300
Lot size
0.80 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12148
Utilities
Heating system
Forced Air
Building Details
Year built
1991
Listing Agency:
Wolff & Simon Real Estate
(218) 237-7770
Listed By:
Brian Halik · License #40527985
(218) 252-8209
Added: Feb 26
Changed: Oct 8
Last Checked: Oct 11 at 3:06PM
MLS# 7027254
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 restaurant property occupies a 0.8-acre parcel and includes an on-site parking lot and driveway. A ramp provides an accessible approach, and the building has forced-air heating. The property was built in 1991.
The site is on Highway 34 in Park Rapids, Minnesota, at 109 1st Street E.
The site is on Highway 34 in Park Rapids, Minnesota, at 109 1st Street E.
Key Highlights
- 0.8‑acre restaurant property
- On‑site parking lot and driveway
- Accessible approach with ramp
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 28%
Groceries 12%
Home Improvements & Furnishings 7%
McDonald's
Dining
15,276 visits/mo
0.2 miles
Holiday Station Store
Shops & Services
13,596 visits/mo
0.4 miles
Coborn's
Groceries
9,230 visits/mo
0.3 miles
Burger King
Dining
8,595 visits/mo
0.1 miles
Casey's General Store
Shops & Services
7,588 visits/mo
0.4 miles
Demographics for 56470, MN
10,668
Population
7,478
Households
1.4
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
382.5 sq mi
ZIP Area
28
Density / Sq Mi
$68,351
Median Household Income
$37,044
Median Earnings
$929
Median Rent
$260,500
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - An on-site lot, driveway, forced-air heating, and a ramped accessible approach are among the property’s existing features.
Where is this conventional restaurant located?
The property is located at 109 1st Street E Park Rapids, MN.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: 0.8‑acre restaurant property; On‑site parking lot and driveway; Accessible approach with ramp
