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Renovated Apartment Community

210 Park Ave Park Rapids, MN 56470

210 Park Ave, Park Rapids, MN, 56470
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For Sale
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40-unit apartment community with on-site coin-operated laundry and surface parking on 2.36 acres.

Lot Size2.36 Acres
Days on Market102

Property Features for 210 Park Ave

General Information

Standard status
Active
Lot size
2.36 Acres
Property subtype
Multifamily
Listing agency Marcus & Millichap - Minneapolis
Listed by David Wallace · License #MN 40595833
Source Crexi
Added: Apr 11 Updated: Jul 21 at 12:10PM Checked: Jul 21 at 12:10PM

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 Marcus & Millichap - Minneapolis


Investment Insights

Based on property information with market context.

Park Avenue Apartments is a 40-unit multifamily property that was originally built as a school in 1927 and later converted in 2008. The community underwent renovations in 2019 and includes a mix of studio through 5-bedroom units with one-bathroom and select 1.5-bathroom layouts.

The buildings sit on 2.36 acres and include on-site coin-operated laundry, along with ample surface lot parking. The property is located within the center of Park Rapids, Minnesota, and is near everyday amenities including Anytime Fitness (0.2 miles), Coborn’s Grocery (0.3 miles), and Park Rapids High School (0.6 miles).

Key Highlights

  • 40‑unit apartment community on 2.36 acres in Park Rapids, MN
  • Converted from a 1927 school; conversion completed in 2008 with renovations in 2019
  • Unit mix includes eight studio/1‑bath averaging 589 SF and four 1‑bed/1‑bath averaging 775 SF

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Building Supply Parking Lot & Garage Big Box & Wholesale Store Storage Facility Bakery HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Apartment building - 40-unit apartment community with on-site coin-operated laundry and surface parking on 2.36 acres.
Where is this apartment building located?
The property is located at 210 Park Ave Park Rapids, MN.
What are key features of this property?
This property features: 40‑unit apartment community on 2.36 acres in Park Rapids, MN; Converted from a 1927 school; conversion completed in 2008 with renovations in 2019; Unit mix includes eight studio/1‑bath averaging 589 SF and four 1‑bed/1‑bath averaging 775 SF
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