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Mixed-Use Building with Garage
For Sale
Contact for pricing
Pending

317 Lake Street NE, Warroad, MN 56763

Retail space and an upper-level residential rental combine with separate HVAC systems and recent renovations.

Property SizeContact for details
Days on Market144

Property Features for 317 Lake Street NE

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Pahlen Realty
Listed By: Bryan Pahlen · License #40241958
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:31AM

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 Pahlen Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines a street-level retail operation with a residential rental above. Each level contains 2,225 square feet of finished floor space, and the property includes an attached 24-by-30-foot garage for storage. The commercial level offers handicap accessibility, two customer half-baths, exposed ductwork, brick details, and additional storage. The upper unit includes three bedrooms and two bathrooms, along with a kitchen, wet bar, tiled bathroom, walk-in closets, laundry, crown molding, faux fireplace, and rooftop sitting area.

Both levels are served by central air and separate natural-gas forced-air furnaces. Recent renovations have been completed, and the property has a rental history with no recent vacancies. The building is situated on Lake Street in downtown Warroad, Minnesota.

Key Highlights

  • 2,225 square feet of finished floor space on each level
  • Attached 24x30 garage provides additional storage space
  • Street‑level retail unit with handicap accessibility and two customer half‑baths

Property Analytics

Current Use

Lake Street Barber ... Barber Shop

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Law Firm Pharmacy Bakery Garden Center

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

249
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 85% Hotels & Casinos 10% Electronics 5%
Holiday Station Store Shops & Services
10,125 visits/mo 0.2 miles
Cenex Shops & Services
8,077 visits/mo 0.5 miles
Dollar General Shops & Services
4,169 visits/mo 0.2 miles
Hampton Inn Hotels & Casinos
2,696 visits/mo 0.2 miles
Verizon Electronics
1,353 visits/mo 0.5 miles

Demographics for 56763, MN

5,132
Population
2,347
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
92%
High-School Grad
262.9 sq mi
ZIP Area
20
Density / Sq Mi
$70,357
Median Household Income
$47,471
Median Earnings
$830
Median Rent
$184,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail space and an upper-level residential rental combine with separate HVAC systems and recent renovations.
Where is this mixed-use property located?
The property is located at 317 Lake Street NE Warroad, MN.
What are key features of this property?
This property features: 2,225 square feet of finished floor space on each level; Attached 24x30 garage provides additional storage space; Street‑level retail unit with handicap accessibility and two customer half‑baths
(218) 386-1800 Call to check price and availability
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