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Mixed-Use Building with Apartment
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207 Main Avenue, Park Rapids, MN 56470

Main Avenue property combines commercial space with an apartment above and a full basement below.

Property SizeContact for details
Days on Market139

Property Features for 207 Main Avenue

General Information

Standard status Active
Property subtype Mixed Use
Listing Agency: Coldwell Banker Clack & Dennis Real Estate
Listed By: Kelli Johnson · License #MN
Source: Crexi
Added: Apr 13 Changed: Aug 29 Last Checked: Aug 29 at 1:18PM

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.

This mixed-use building includes commercial space at street level, a full basement, and an apartment positioned above the main commercial area. The configuration combines multiple functional areas within one property and supports both storefront and residential components.

Located at 207 Main Avenue in Park Rapids, the building sits among local businesses, restaurants, and shops in a pedestrian-oriented commercial setting. Its Main Avenue address places the property within the central business activity described for the area.

Key Highlights

  • Commercial building with an apartment above
  • Full basement below the commercial space
  • Located at 207 Main Avenue in Park Rapids, MN 56470

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Bakery Storage Facility Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service

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

559
Businesses Nearby
59k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 64% Shops & Services 17% Groceries 16% Apparel 3%
McDonald's Dining
15,276 visits/mo 0.2 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 0.4 miles
Scooter's Coffee Dining
7,507 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Mixed-use property - Main Avenue property combines commercial space with an apartment above and a full basement below.
Where is this mixed-use property located?
The property is located at 207 Main Avenue Park Rapids, MN.
What are key features of this property?
This property features: Commercial building with an apartment above; Full basement below the commercial space; Located at 207 Main Avenue in Park Rapids, MN 56470
More about this property
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