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Four-Apartment Mixed-Use Building
New
For Sale
$375,000

327 3rd Street, International Falls, MN 56649

A hobby store occupies the street-level space, with four apartments on the upper floor.

Property Size14,000 SF
Price / SF$26.79
Days on Market6

Property Features for 327 3rd Street

General Information

Standard status Active
Size 14,000 SF
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Business Included Yes
Mixed-Use Components retail, residential
Multifamily Units 4
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $3,810

Building Details

Building Size 14,000 SF
Year Built 1920
Units 4
Listing Agency: Move it Real Estate Group/Lake
Listed By: Greg Williams
Source: Getyoumoved
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 2:24PM

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 Move it Real Estate Group/Lake

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Investment Insights

Based on property information with market context.

Built in 1920, this downtown International Falls property combines a hobby store with four apartments on the upper level. The business includes product inventory, and the building is located at 327 3rd Street in International Falls, Minnesota.

Key Highlights

  • Four apartments on the upper level
  • Hobby store with product inventory
  • Built in 1920

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Kitchen & Bath Showroom Plumbing Service Furniture & Home Goods (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

4
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Cenex Shops & Services
1,689 visits/mo 0.1 miles
West End Mini Storage Shops & Services
1,066 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
974 visits/mo 0.4 miles

Demographics for 56649, MN

8,923
Population
5,071
Households
1.8
Avg Household Size
48
Median Age
21%
College-Educated
94%
High-School Grad
285.3 sq mi
ZIP Area
31
Density / Sq Mi
$70,348
Median Household Income
$48,903
Median Earnings
$781
Median Rent
$143,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A hobby store occupies the street-level space, with four apartments on the upper floor.
Where is this mixed-use property located?
The property is located at 327 3rd Street International Falls, MN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Four apartments on the upper level; Hobby store with product inventory; Built in 1920
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