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Divisible Office Building
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301 3rd Ave SW, Milaca, MN 56353

Divisible building with office suites, multiple large rooms, private offices, restrooms, and optional cold storage.

Space Size9,958 SF
Days on Market101

Property Features for 301 3rd Ave SW

General Information

Standard status Active
Size 9,958 SF
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 301 3rd Ave SW
Office / Medical / Daycare Space for Lease $11.75/SF/Yr
Floor 1
Size 9,958 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, On Available Date
Sublease No
Divisible 10,000 +/- SF commercial building available for lease in Milaca Suite 1 is 4456 SF and Suite 2 is 5020 with additional cold storage available. Well-suited for daycare, medical, education, or office use. The flexible layout includes multiple large rooms, private offices, and restrooms, supporting a wide range of users including behavioral health services, early childhood programs, specialty schools, training centers, or professional office groups. Located directly across from the Milaca Public School Campus, serving approximately 1,600+ students from early childhood through grade 12, the property benefits from consistent daily traffic and strong community presence. The campus includes elementary, middle, and high school facilities, along with athletic fields and activity spaces. This location offers excellent visibility and convenient access for staff, clients, and families, making it particularly well-positioned for child-, family-, and community-focused services. Milaca serves as the county seat of Mille Lacs County and is located approximately 15 miles north of Princeton, 30 miles from Elk River, and 30 miles east of St. Cloud—providing access to a broad regional population base.
Contact us
Listing Agency: Weatherhill Commercial
Listed By: Erik S Sorenson
Source: Moodyscre
Added: Jul 22 Changed: Oct 26 Last Checked: Oct 28 at 12:06PM

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 Weatherhill Commercial

Rey
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Investment Insights

Based on property information with market context.

A divisible commercial office building totaling approximately 10,000 SF, available for lease. Suite 1 offers 4,456 SF, and Suite 2 offers 5,020 SF, with additional cold storage available to support operational needs. The flexible interior layout includes multiple large rooms, private offices, and restrooms.

The property is located directly across from the Milaca Public School Campus. The campus serves approximately 1,600+ students from early childhood through grade 12 and includes elementary, middle, and high school facilities, as well as athletic fields and activity spaces.

The building is positioned to serve staff, clients, and families with visibility and convenient access associated with a prominent community use.

Key Highlights

  • Divisible 10,000 +/- SF commercial building available for lease in Milaca
  • Suite 1: 4,456 SF; Suite 2: 5,020 SF (additional cold storage available)
  • Flexible interior layout with multiple large rooms, private offices, and restrooms

Property Analytics

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

Current Use

Office Units

Suggested Use

Top Pick Dental Office Law Firm Bakery (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Pharmacy

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
$1.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 56353, MN

9,314
Population
4,048
Households
2.3
Avg Household Size
40
Median Age
17%
College-Educated
92%
High-School Grad
189.8 sq mi
ZIP Area
49
Density / Sq Mi
$77,170
Median Household Income
$41,946
Median Earnings
$882
Median Rent
$239,600
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

Frequently Asked Questions

What type of property is this?
Office unit - Divisible building with office suites, multiple large rooms, private offices, restrooms, and optional cold storage.
Where is this office unit located?
The property is located at 301 3rd Ave SW Milaca, MN.
What is the lease rate?
The lease rate is $11.75 SF/Yr.
What are key features of this property?
This property features: Divisible 10,000 +/- SF commercial building available for lease in Milaca; Suite 1: 4,456 SF; Suite 2: 5,020 SF (additional cold storage available); Flexible interior layout with multiple large rooms, private offices, and restrooms
(763) 639-9993 · Office Call to check price and availability
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