Live - Work Space

Park Rapids, MN Live-work Space for Sale

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Mixed-Use Property with Living Space
Updated: Oct 20
Mixed-Use Property with Living Space

205 Main Avenue S, Park Rapids, MN 56470

$569,900
0.08 AC lot
0.08‑acre lot at 205 Main Avenue S in Park Rapids
Upstairs living area with one bedroom and one bathroom
Building constructed in 1938 and renovated
Forced‑air heating
On‑street parking
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1 active listing matches your search: Live-Work for sale in Park Rapids, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Parking
Mixed-Use Property with Parking

1132 E 9th St, Duluth, MN 55805

$350,000
1,891 sqft

Flexible layout combines commercial space with residential accommodations near downtown and public transportation.

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Lakefront Mixed-Use Property
Lakefront Mixed-Use Property

90 Maple Ave E, Mora, MN 55051

$314,000
2,464 sqft

B-1-zoned property combines a main-level business area with an upper-level apartment.

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Remodeled Live-Work Building
Remodeled Live-Work Building

15 W Redwing St, Duluth, MN 55803

$348,000
2,080 sqft

Completely remodeled building with office space and a rented one-bedroom apartment, plus off-street parking.

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Mixed-Use Building with Apartment
Mixed-Use Building with Apartment

90 Maple Avenue E, Mora, MN 55051

$314,000
0.45 AC lot

A ground-floor business area and separate upstairs residence create an on-site live-work configuration.

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Park Rapids, MN Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Park Rapids, MN on our real estate platform.

Sale prices for live-work properties in Park Rapids, MN average $569,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 1

Demographics Overview

Population 11K
Population Growth (5Y) +2.5%
Median Household Income $68,351
College Educated 40.7%

High-Yield Neighborhoods for Investment

Identify Park Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56470 $569.9K

Taxes & Financing

Tax Rate (average for all types) 2.12%
Property Tax per SF $39.03 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hubbard County

New Delisted

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