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High-Visibility Storefront Building
For Sale
$369,500

409 1st St W, Park Rapids, MN 56470

Large commercial building with substantial parking and exposure along Hwy 34.

Property Size4,040 SF
Price / SF$91.46
Days on Market48

Property Features for 409 1st St W

General Information

Standard status Active
Size 4,040 SF

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1928
Buildings 1
Listing Agency: Keller Williams Realty Professionals
Listed By: Justin G Clack
Source: Bradadamrealty
Added: Aug 30 Changed: Oct 2 Last Checked: Oct 7 at 2:02PM

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 Keller Williams Realty Professionals

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Investment Insights

Based on property information with market context.

This large storefront property offers an existing commercial building with a substantial parking area and a location suited to customer-facing business activity. The building is described as being in great condition and ready for use, with potential applications including restaurant, retail, and repair operations.

The property is positioned along Hwy 34 in Park Rapids, across from Casey's General Store and near Park Rapids High School and Century School. Its placement near established community destinations supports convenient access and prominent roadside exposure.

Key Highlights

  • Storefront property with a large commercial building
  • Large parking area included
  • Located along Hwy 34 in Park Rapids

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Parking Lot & Garage Real Estate Agency Storage Facility HVAC Service Electrical Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby
56k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 67% Groceries 16% Shops & Services 14% Apparel 3%
McDonald's Dining
15,276 visits/mo 0.2 miles
Coborn's Groceries
9,230 visits/mo 0.0 miles
Burger King Dining
8,595 visits/mo 0.4 miles
Casey's General Store Shops & Services
7,588 visits/mo 0.2 miles
Scooter's Coffee Dining
7,507 visits/mo 0.2 miles

Demographics for 56470, MN

10,668
Population
7,478
Households
1.4
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
382.5 sq mi
ZIP Area
28
Density / Sq Mi
$68,351
Median Household Income
$37,044
Median Earnings
$929
Median Rent
$260,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

Similar Off Market Nearby

  • Flora & Floret — 115 3rd St W, Park Rapids, MN 56470
  • Park Rapids Floral & Nursery — 105 Main Ave S, Park Rapids, MN 56470
  • The Flower Boutique and Treasures — Park Rapids, MN 56470

Frequently Asked Questions

What type of property is this?
Storefront property - Large commercial building with substantial parking and exposure along Hwy 34.
Where is this storefront property located?
The property is located at 409 1st St W Park Rapids, MN.
What is the asking price?
The asking price for this property is $369,500.
What are key features of this property?
This property features: Storefront property with a large commercial building; Large parking area included; Located along Hwy 34 in Park Rapids
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