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Corner Mixed-Use Property
New
For Sale
$180,000

619 3rd Avenue, International Falls, MN 56649

Separate studio access complements the main retail and office layout.

Property Size3,113 SF
Price / SF$57.82
Days on Market4

Property Features for 619 3rd Avenue

General Information

Standard status Active
Size 3,113 SF
Property subtype Commercial
Zoning Business/Commercial

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $3,924

Building Details

Building Size 3,113 SF
Year Built 1985
Units 2
Listing Agency: Island View Realty
Listed By: Lindsay Kay Jones · License #40600525
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 3:17PM

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 Island View Realty

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Investment Insights

Based on property information with market context.

This 3,113-square-foot mixed-use property combines retail and office areas, with a 45-by-23-foot retail space, reception area, and half bath. Five private exam-room-size offices, another office, and a break room occupy the rear. A separate studio of approximately 250 square feet has its own entrance, office, and half bath. Ceilings exceed 10 feet. The building was constructed in 1985, and the property is zoned Business/Commercial.

The property occupies a corner lot with parking and sits along the Hwy 53 corridor near the downtown business district in International Falls, Minnesota.

Key Highlights

  • 3,113 square feet on a corner lot
  • 45‑by‑23‑foot retail area with reception space and half bath
  • Five private exam‑room‑size offices, plus an additional office and break room

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm Kitchen & Bath Showroom Restaurant Furniture & Home Goods

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

394
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 77% Dining 17% Home Improvements & Furnishings 5%
Family Dollar Shops & Services
5,102 visits/mo 0.2 miles
Dollar General Shops & Services
4,600 visits/mo 0.2 miles
SUBWAY Dining
3,045 visits/mo 0.4 miles
Cenex Shops & Services
1,689 visits/mo 0.5 miles
West End Mini Storage Shops & Services
1,066 visits/mo 0.3 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
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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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate studio access complements the main retail and office layout.
Where is this mixed-use property located?
The property is located at 619 3rd Avenue International Falls, MN.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 3,113 square feet on a corner lot; 45‑by‑23‑foot retail area with reception space and half bath; Five private exam‑room‑size offices, plus an additional office and break room
More about this property
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