New Mixed-Use Commercial
For Lease
Contact for pricing
325 1st Street NE, Melrose, MN 56352
Five newly built suites offer customizable layouts for businesses in a downtown setting.
Space Size650 SF - 1,050 SF
Property Size4,442 SF
Days on Market965
Property Features for 325 1st Street NE
General Information
Standard status
Active
Size
650 SF - 1,050 SF
Net Rentable
650 SF
Zoning
Business/Commercial, Residential-Multi-Family
Lease Type
NNN
Space & Availability
Available Space
650-1,050 SF
Contiguous Space
1,050 SF
Taxes and HOA fees
Annual Taxes
$5,914
Amenities
plenty of parking
great visibility
convenient location downtown next to city hall overlooking the River
29 residential units providing an immediate customer base
Building Details
Building Size
4,442 SF
Year Built
2024
Units
5
Listing Agency:
Central MN Realty LLC
(320) 420-1295
Listed By:
Matthew A. Imdieke · License #40385388
(320) 420-1295
Source:
Juverealestate
Added: Dec 28, 2023
Changed: Aug 18
Last Checked: Aug 19 at 3:27PM
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 Central MN Realty LLC
Investment Insights
Based on property information with market context.
Completed in 2024, this mixed-use property includes five commercial suites ranging from 650 to 1,050 square feet. The spaces can be customized to accommodate individual business requirements, providing flexible storefront opportunities within a newly constructed building. The property also contains 29 residential units and is zoned Business/Commercial and Residential-Multi-Family.
The building is located at 325 1st Street NE in downtown Melrose, next to city hall and overlooking the river. On-site parking is available, and the property is positioned within a visible downtown setting. The commercial component is suited to businesses seeking configurable space in a mixed-use building with residential occupancy above or alongside the commercial suites.
The building is located at 325 1st Street NE in downtown Melrose, next to city hall and overlooking the river. On-site parking is available, and the property is positioned within a visible downtown setting. The commercial component is suited to businesses seeking configurable space in a mixed-use building with residential occupancy above or alongside the commercial suites.
Key Highlights
- Five commercial suites available
- Suite sizes range from 650 to 1,050 square feet
- Completed in 2024
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
Demographics for 56352, MN
5,775
Population
2,656
Households
2.2
Avg Household Size
39
Median Age
19%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
53
Density / Sq Mi
$71,356
Median Household Income
$43,909
Median Earnings
$1,047
Median Rent
$225,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five newly built suites offer customizable layouts for businesses in a downtown setting.
Where is this mixed-use property located?
The property is located at 325 1st Street NE Melrose, MN.
What are key features of this property?
This property features: Five commercial suites available; Suite sizes range from 650 to 1,050 square feet; Completed in 2024
