Mixed-Use Building with
For Sale
$219,000
122 Main Avenue S, Park Rapids, MN 56470
Commercial Sale, Park Rapids, MN
Property Size3,450 SF
Lot Size0.08 Acres
Price / SF$63.48
Days on Market107
Property Features for 122 Main Avenue S
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Business/Commercial
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 5, Basement, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 5, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Parking features
On Street, Assigned
Patio and Porch features
Porch
Appliances
Dishwasher, Dryer, Water Heater - Gas, Microwave, Range, Refrigerator, Washer, Water Softener - Owned
Subdivision
Park Rapids
Lot features
Corner Lot
High school district
Park Rapids
Directions
From 34/71 in Park Rapids go West on 34 1 Block to a left on to Main Street. The property is on the first block on the left, at the intersection of Main and Second Street.
Standard status
Active
APN
323700100
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2963
Utilities
Heating system
Baseboard, Zoned, Oil, Hot Water(Heating), Ductless (Heating)
Amenities
laundry facilities
designated parking
Building Details
Year built
1910
Building materials
Frame, Stone
Roof type
Shingle
Listing Agency:
Affinity Real Estate Inc. · Realty Executives International
(218) 237-3333
Listed By:
Candace Gulsvig
(612) 750-7744
Added: Jun 27
Changed: Oct 8
Last Checked: Oct 11 at 4:06AM
MLS# 7089335
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.
Built in 1910, this mixed-use property includes retail space on the main level, storage below, and two apartments. One apartment has two bedrooms and a separate entrance; the upper-level apartment has four bedrooms. Both residences include laundry facilities and assigned parking. The building contains 3,450 square feet of rental space on a 0.08-acre lot.
The property is at 122 Main Avenue S in Park Rapids, Minnesota. Parking is available on street and in assigned spaces.
The property is at 122 Main Avenue S in Park Rapids, Minnesota. Parking is available on street and in assigned spaces.
Key Highlights
- 3,450 square feet of rental space
- Two apartments: one with 2 bedrooms and a separate entrance, plus an upper‑level 4‑bedroom unit
- Main‑level retail space and lower‑level storage
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
819
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Groceries 16%
Shops & Services 15%
Apparel 3%
McDonald's
Dining
15,276 visits/mo
0.1 miles
Coborn's
Groceries
9,230 visits/mo
0.2 miles
Burger King
Dining
8,595 visits/mo
0.3 miles
Casey's General Store
Shops & Services
7,588 visits/mo
0.3 miles
Scooter's Coffee
Dining
7,507 visits/mo
0.1 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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail space, two apartments, and assigned parking combine in a single Park Rapids property.
Where is this mixed-use property located?
The property is located at 122 Main Avenue S Park Rapids, MN.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 3,450 square feet of rental space; Two apartments: one with 2 bedrooms and a separate entrance, plus an upper‑level 4‑bedroom unit; Main‑level retail space and lower‑level storage
