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Downtown Office Building
For Sale
$259,900

301 1st Street SE, Little Falls, MN 56345

Commercial Sale, Little Falls, MN

Property SizeContact for details
Lot Size0.22 Acres
Days on Market10

Property Features for 301 1st Street SE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features Parking Lot
Exterior features Metal
Appliances Refrigerator
Subdivision Original Little Falls
Lot features Corner Lot
High school district Little Falls
Directions 301 1st Street SE
Standard status Active
APN 480168000
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2580

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1972
Building materials Block, Frame
Roof type Flat, Asphalt
Listing Agency: RE/MAX Central MN · RE/MAX International
Listed By: Jeff Kruschek · License #40150297
Added: Aug 17 Changed: Aug 26 Last Checked: Aug 26 at 11:06PM
MLS# 7128519

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.

Investment Insights

Based on property information with market context.

This office building sits on 0.221 acres and was constructed in 1972. The property includes a basement, block-and-frame construction, metal exterior elements, a flat asphalt roof, forced-air heat, and central air conditioning. A refrigerator is also included.

Located in downtown Little Falls at 301 1st Street SE, the property includes a large on-site parking lot. The existing tenant has expressed interest in continuing the lease, providing a potential path for an owner seeking an occupied office asset. The layout and setting are suited to office or professional business use.

Key Highlights

  • 0.221‑acre office property at 301 1st Street SE, Little Falls, MN 56345
  • Constructed in 1972 with block‑and‑frame construction and metal exterior elements
  • Large on‑site parking lot

Property Analytics

Current Use

Patience Svor, Fairway ... Loan Service Lora Murray, Fairway ... Loan Service Alicia Kapus- Thrivent ... Financial Advisor

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Real Estate Agency Pharmacy Law Firm

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

644
Businesses Nearby

Demographics for 56345, MN

15,058
Population
6,761
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
92%
High-School Grad
258.1 sq mi
ZIP Area
58
Density / Sq Mi
$57,399
Median Household Income
$40,446
Median Earnings
$751
Median Rent
$227,800
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Metal-sided property with a large parking lot, central air conditioning, and office-use potential.
Where is this office building located?
The property is located at 301 1st Street SE Little Falls, MN.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 0.221‑acre office property at 301 1st Street SE, Little Falls, MN 56345; Constructed in 1972 with block‑and‑frame construction and metal exterior elements; Large on‑site parking lot
More about this property
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