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Retail Building on Highway 53
For Sale
$279,000

1732 2nd Avenue, International Falls, MN 56649

Commercial building with retail space and adjoining lot for sale.

Property Size2,080 SF
Lot Size0.86 Acres
Price / SF$134.13
Days on Market1166

Property Features for 1732 2nd Avenue

General Information

Standard status Active
Size 2,080 SF
Lot size 0.86 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $2,164

Building Details

Year Built 1985
Listing Agency: Island View Realty
Listed By: Lindsay Kay Jones · License #40600525
Source: Exitrealty
Added: Jun 3, 2023 Changed: Aug 8 Last Checked: Aug 11 at 8:36AM

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 Island View Realty

Investment Insights

Based on property information with market context.

This commercial building, situated on 0.87 acres along the Highway 53 corridor leading to International Falls, is currently configured as a retail store. The building features a newer roof, fresh paint, and a ramp for accessibility. It offers approximately 2000 square feet of floor space. Included in the sale is an adjacent lot with a 32'x60' concrete slab equipped with power, water, and sewer connections. The property benefits from two access points onto Highway 53, enhancing its accessibility and convenience. The listing comprises four parcels, which may also be available for individual sale. The property's location and features make it suitable for various commercial ventures.

Key Highlights

  • Prime commercial location on busy Hwy 53 corridor
  • Includes .87 acre lot with 32'x60' concrete slab with power, water, and sewer
  • Approximately 2000 sq ft of floor space

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

161
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Dining 26% Home Improvements & Furnishings 3%
Holiday Station Store Shops & Services
7,910 visits/mo 0.2 miles
Family Dollar Shops & Services
5,102 visits/mo 0.5 miles
Dollar General Shops & Services
4,600 visits/mo 0.5 miles
Baskin-Robbins Dining
3,897 visits/mo 0.1 miles
SUBWAY Dining
3,045 visits/mo 0.3 miles

Demographics for 56649, MN

8,923
Population
5,071
Households
1.8
Avg Household Size
48
Median Age
21%
College-Educated
94%
High-School Grad
285.3 sq mi
ZIP Area
31
Density / Sq Mi
$70,348
Median Household Income
$48,903
Median Earnings
$781
Median Rent
$143,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building with retail space and adjoining lot for sale.
Where is this storefront property located?
The property is located at 1732 2nd Avenue International Falls, MN.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Prime commercial location on busy Hwy 53 corridor; Includes .87 acre lot with **32'x60' concrete slab with power, water, and sewer**; Approximately 2000 sq ft of floor space
More about this property
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