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Medical Office Space with Parking
For Lease
$14 SF/Yr

205 7th Street W, Park Rapids, MN 56470

An established medical-office layout is in place, with optional furnishings available under the lease.

Space Size2,752 SF
Days on Market17

Property Features for 205 7th Street W

General Information

Standard status Active
Size 2,752 SF
Net Rentable 2,752 SF
Lease Type NNN

Space & Availability

Available Space 2,752 SF
Contiguous Space 2,752 SF
Space Use Medical Office
Condition Turnkey
Furnished No

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $3,632

Building Details

Building Size 2,752 SF
Listing Agency: Lake-N-Woods Realty
Listed By: Arnold Volker
Source: Exprealty
Added: Oct 21 Changed: Nov 3 Last Checked: Nov 4 at 2:33PM

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 Lake-N-Woods Realty

Rey
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Investment Insights

Based on property information with market context.

This 2,752-square-foot medical office space is currently configured and operating for medical use. Optional furnishings can be included with the lease, and the property has 10+ dedicated off-street parking spaces in addition to street parking.

Saint Joseph’s Hospital is directly across the street. The existing medical-office setup and parking are the principal features of the space.

Key Highlights

  • 2,752 SF of medical office space
  • 10+ dedicated off‑street parking spaces, plus street parking
  • Across the street from Saint Joseph’s Hospital

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Bakery Catering Service Butcher

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

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

753
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Town & Country Animal Clinic — 105 Pleasant Ave S, Park Rapids, MN 56470

Frequently Asked Questions

What type of property is this?
Medical Office Space - An established medical-office layout is in place, with optional furnishings available under the lease.
Where is this medical office space located?
The property is located at 205 7th Street W Park Rapids, MN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 2,752 SF of medical office space; 10+ dedicated off‑street parking spaces, plus street parking; Across the street from Saint Joseph’s Hospital
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