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Two-Story Mixed-Use Property
For Sale
$105,000

21 4th Street NW, Adams, MN 55909

Commercial Sale, Adams, MN

Property Size3,000 SF
Lot Size0.04 Acres
Price / SF$35
Days on Market8

Property Features for 21 4th Street NW

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Business/Commercial
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1, Bedroom 3, Basement, Bedroom 2
Parking features Garage, Garage - Attached
Appliances Dryer, Water Heater - Gas, Range, Refrigerator, Washer
High school district Southland
Directions Hwy 56 into Adams, North on 4th St, West side of Street
Standard status Active
APN 210010540
Lot size 0.04 Acres

Additional Details

Property Use Mixed-Use

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1384

Utilities

Heating system Forced Air

Building Details

Year built 1954
Buildings 1
Listing Agency: Colleen Jennings Real Estate
Listed By: Colleen Jennings
Added: Oct 23 Changed: Oct 28 Last Checked: Oct 30 at 2:06PM
MLS# 7164932

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.

Rey
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Investment Insights

Based on property information with market context.

This two-story mixed-use building contains approximately 3,000 square feet across its commercial and residential areas. The main level has office space, a half bath, storage, and an attached single-stall garage. Upstairs, a three-bedroom apartment provides nearly 1,500 square feet of living space. The property is vacant and includes a range, refrigerator, washer, dryer, and gas water heater, with forced-air heating.

Set on a 0.039-acre lot in Adams, the building dates to 1954. Its combination of ground-floor work space and an upper-level residence allows for a live-work setup or rental income from the apartment.

Key Highlights

  • Approximately 3,000 square feet across two stories
  • Nearly 1,500‑square‑foot, three‑bedroom apartment on the upper level
  • Main floor includes offices, half bath, storage, and attached single‑stall garage

Property Analytics

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

Current Use

Live-work space

Suggested Use

Top Pick Building Supply Electrical Service Auto Parts Store Plumbing Service Big Box & Wholesale Store 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

86
Businesses Nearby

Demographics for 55909, MN

1,325
Population
628
Households
2.1
Avg Household Size
46
Median Age
31%
College-Educated
97%
High-School Grad
52.6 sq mi
ZIP Area
25
Density / Sq Mi
$93,750
Median Household Income
$49,929
Median Earnings
$597
Median Rent
$205,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate office and apartment areas support live-work use or residential rental income.
Where is this mixed-use property located?
The property is located at 21 4th Street NW Adams, MN.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Approximately 3,000 square feet across two stories; Nearly 1,500‑square‑foot, three‑bedroom apartment on the upper level; Main floor includes offices, half bath, storage, and attached single‑stall garage
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