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Mixed-Use Building with Retail Units

123 Main Avenue South Park Rapids, MN 56470

123 Main Avenue South, Park Rapids, MN, 56470
Contact for pricing
For Sale
Contact for pricing
Pending

For sale mixed-use building featuring five commercial units and eight apartments on Park Rapids Main Avenue.

Days on Market100

Property Features for 123 Main Avenue South

General Information

Standard status
Pending
Property subtype
Special Purpose
Listing agency Coldwell Banker Clack & Dennis Real Estate
Listed by Thomas Peterson · License #MN
Source Crexi
Added: Apr 13 Updated: Jul 21 at 8:05AM Checked: Jul 21 at 8:05AM

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 Coldwell Banker Clack & Dennis Real Estate


Investment Insights

Based on property information with market context.

For sale mixed-use property with five commercial units and eight apartments. The seller describes the building as well established with an excellent rental history and stable, consistent rental income.

The property is positioned on Park Rapids Main Avenue’s first block, and directions are provided from Hwys. 71/34: travel west on Hwy 34 to Main Avenue, then south on Main Avenue to the property on the right.

This configuration supports multiple income streams within one building, combining street-level commercial space with residential units.

Key Highlights

  • Mixed‑use building on Park Rapids Main Avenue with 5 commercial units and 8 apartments
  • Established commercial property with an excellent rental history
  • Stable and consistent rental income per the seller’s rental history

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Parking Lot & Garage Bakery Electrical Service Real Estate Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Storage Facility HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - For sale mixed-use building featuring five commercial units and eight apartments on Park Rapids Main Avenue.
Where is this apartment building located?
The property is located at 123 Main Avenue South Park Rapids, MN.
What are key features of this property?
This property features: Mixed‑use building on Park Rapids Main Avenue with 5 commercial units and 8 apartments; Established commercial property with an excellent rental history; Stable and consistent rental income per the seller’s rental history
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