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New Mixed-Use Property with Commercial Suites
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325 1st St NE, Melrose, MN 56352

Newly built suites offer adaptable layouts downtown beside city hall and the river.

Property Size4,442 SF
Days on Market42

Property Features for 325 1st St NE

General Information

Standard status Active
Size 4,442 SF

Building Details

Year Built 2024
Listing Agency: Central MN Realty LLC
Listed By: Matthew A. Imdieke · License #40385388
Source: Homesminn
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 29 at 12:23PM

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.

Constructed in 2024, this mixed-use property includes five commercial suites ranging from 650 to 1,050 square feet. The spaces can be customized to support individual business requirements, creating flexibility for a range of commercial operations. The building also contains 29 residential units, providing an established on-site population.

The property is situated downtown at 325 1st St NE in Melrose, next to city hall and overlooking the river. On-site parking supports access for customers and employees, while the central setting places the commercial spaces within the community’s core.

Key Highlights

  • Five commercial suites available, ranging from 650 to 1,050 square feet
  • Commercial spaces can be customized to meet business requirements
  • Mixed‑use building includes 29 residential units

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office HVAC Service Kitchen & Bath Showroom Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store

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

277
Businesses Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Newly built suites offer adaptable layouts downtown beside city hall and the river.
Where is this mixed-use property located?
The property is located at 325 1st St NE Melrose, MN.
What are key features of this property?
This property features: Five commercial suites available, ranging from 650 to 1,050 square feet; Commercial spaces can be customized to meet business requirements; Mixed‑use building includes 29 residential units
More about this property
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