Mixed-Use Rental
501 1st Street E Park Rapids, MN 56470
501 1st Street E, Park Rapids, MN, 56470
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For Sale
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Pending
Mixed-use property offering six furnished apartments and commercial/retail and office space with added garage storage.
Days on Market104
Property Features for 501 1st Street E
General Information
- Standard status
- Pending
- Property subtype
- Office
Listing agency
Coldwell Banker Clack & Dennis Real Estate
Listed by
William Halonen · License #MN
Source
Crexi
Added: Apr 11 Updated: Jul 23 at 5:36AM Checked: Jul 23 at 5:36AM
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Investment Insights
Based on property information with market context.
This mixed-use rental building includes six furnished apartments that are currently rented. Alongside the residential units, the property offers a combination of commercial/retail space and office space, with additional storage available in the garage. Several areas and rooms of the building have been updated and renovated within the past few years, and the boiler was recently replaced.
The property is accessed from Hwy. 71/34 in Park Rapids. Directions indicate taking Hwy. 34 east to the property on the left right after the river, and it is down the street from Heartland Park, near Fish Hook River.
The building’s current mix of furnished residential units plus commercial/retail and office space, along with substantial garage storage, provides an integrated footprint for an owner looking to manage multiple revenue streams within one property.
The property is accessed from Hwy. 71/34 in Park Rapids. Directions indicate taking Hwy. 34 east to the property on the left right after the river, and it is down the street from Heartland Park, near Fish Hook River.
The building’s current mix of furnished residential units plus commercial/retail and office space, along with substantial garage storage, provides an integrated footprint for an owner looking to manage multiple revenue streams within one property.
Key Highlights
- Mixed‑use property with six furnished apartments that are currently rented
- Includes commercial/retail space, office spaces, and plenty of garage storage
- Various areas of the building have been updated and renovated within the past few years
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Mixed-use property offering six furnished apartments and commercial/retail and office space with added garage storage.
Where is this apartment building located?
The property is located at 501 1st Street E Park Rapids, MN.
What are key features of this property?
This property features: Mixed‑use property with six furnished apartments that are currently rented; Includes commercial/retail space, office spaces, and plenty of garage storage; Various areas of the building have been updated and renovated within the past few years
