Mixed-Use Retail and Apartment Building

427 3rd St International Falls, MN 56649

Claim this Listing
For Sale
$259,900

Main-level retail is mid-renovation with new storefront windows and a double-glass entry, plus two leased 2-bedroom apartments.

Added:
May 22, 2026
Days on Market:
50
Last Refresh:
Jul 10 at 3:02 am

Property Features for 427 3rd St

General Information

Standard status
Active

Listing office Discovery Group, Inc

Listing date May 22, 2026

Source Exprealty

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 Discovery Group, Inc


Investment Insights

Based on property information with market context.

Built in 1927 with solid all-brick construction, this mixed-use property combines a mid-renovation main-level commercial space with two fully leased 2-bedroom apartments upstairs. The commercial area features exposed brick walls, an open floor plan, and high ceilings, with new oversized storefront windows and a double-glass entry already installed. All building materials needed to complete the renovation are included in the sale.

Located downtown near Wells Fargo, the property is steps from a border crossing and positioned in the Voyageurs National Park gateway area, supporting consistent day-to-day activity. The two leased upper apartments are currently generating gross annual rental income as stated in the offering.

Additional property details noted include city water and sewer and central A/C.

Key Highlights

  • 1927 all‑brick building with mid‑renovation main‑level retail plus two leased 2‑bedroom upper apartments
  • Main‑level renovation includes new oversized storefront windows and a double‑glass entry already installed
  • All building materials for the renovation are included with the sale

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Grocery & Convenience Store Kitchen & Bath Showroom Plumbing Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Law Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Main-level retail is mid-renovation with new storefront windows and a double-glass entry, plus two leased 2-bedroom apartments.
Where is this duplex located?
The property is located at 427 3rd St International Falls, MN.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 1927 all‑brick building with mid‑renovation main‑level retail plus two leased 2‑bedroom upper apartments; Main‑level renovation includes new oversized storefront windows and a double‑glass entry already installed; All building materials for the renovation are included with the sale
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