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New Mixed-Use Commercial Spaces
For Sale
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325 1st Street NE, Melrose, MN 56352

Commercial Sale, Melrose, MN

Property SizeContact for details
Lot Size1.31 Acres
Days on Market976

Property Features for 325 1st Street NE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial, Residential-Multi-Family
Parking features Parking Lot
Exterior features Brick/Stone, Metal
Subdivision Melrose Riverview Add
High school district Melrose
Directions From I-94, Right on Co Rd 13, Right on Riverside Ave, Building on Left Side.
Standard status Active
APN 66370110200
Lot size 1.31 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5914

Utilities

Heating system Forced Air

Amenities

plenty of parking
great visibility

Building Details

Year built 2024
Listing Agency: Central MN Realty LLC
Listed By: Matthew A. Imdieke · License #40385388
Added: Dec 28, 2023 Changed: Aug 27 Last Checked: Aug 30 at 8:06AM
MLS# 6472042

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.

Constructed in 2024, this mixed-use property includes five new commercial spaces ranging from 650 to 1050 sq. ft. The suites can be customized to accommodate different business layouts and are housed in a building with brick/stone and metal exterior elements, forced-air heating, and a dedicated parking lot.

The property is located at 325 1st Street NE in downtown Melrose, next to city hall and overlooking the river. The building also contains 29 residential units, placing commercial space within a mixed-use setting. Its location, on-site parking, and adaptable suite configuration support a range of business uses.

Key Highlights

  • Five new commercial spaces available
  • Suites range from 650 to 1050 sq. ft.
  • Suites can be customized for business needs

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.

Lease Details

5
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

248
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Five new commercial suites are available within a 2024 mixed-use building with on-site parking.
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 new commercial spaces available; Suites range from 650 to 1050 sq. ft.; Suites can be customized for business needs
More about this property
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