Park Rapids, MN
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    Park Rapids, MN Office Units for Sale

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    Nevis, MN Osage, MN Menahga, MN
    Park Rapids Commercial Property For Sale
    $465,000
    5,565 SF
    Park Rapids Commercial Property For Sale

    201 1st St E, Park Rapids, MN 56470

    Commercial property in Park Rapids, MN, with high visibility.
    • Prime location at the trailhead of the Heartland State Trail and beside Fish Hook River.
    • High visibility due to its central location near the corner of HWY 34 and HWY 71.
    • Located in the heart of the Park Rapids business district.
    • Steady stream of foot traffic from trails and nearby parks.
    • Boat access.
    Updated: Apr 11, 2024
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Park Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Commercial Property Near Walker, MN
    $595,000
    8,000 SF
    Commercial Property Near Walker, MN

    Commercial property with storage units, office, and shop space.

    8055 Sautbine Road NW, Walker, MN 56484

    View details
    Downtown Walker Retail/Office Investment
    $650,000
    9,200 SF
    Downtown Walker Retail/Office Investment

    9,200 sq ft retail/office space in downtown Walker.

    609 Minnesota Avenue W, Walker, MN 56484

    View details
    Bemidji Industrial Park Opportunity
    Contact for pricing
    14,000 SF
    Bemidji Industrial Park Opportunity

    14,000 SF building on three acres for sale.

    1018 Industrial Park Drive SE, Bemidji, MN 56601

    View details
    Office and Shop Space Available
    Contact for pricing
    4,992 SF
    Office and Shop Space Available

    Office and shop space in Bemidji's Industrial Park.

    1407 Naylor SE Drive, Bemidji, MN 56601

    View details

    Park Rapids, MN Office Units Investment Opportunities Market Analysis

    Explore 1 office units for sale in Park Rapids, MN on our real estate platform. These investment opportunities span a total of 5,565 square feet of properties for sale, with an estimated market value of $465,000.

    Sale prices for office units in Park Rapids, MN start at $465,000, averaging $465,000, and reaching up to $465,000 — 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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    56470 $465K

    Taxes & Financing

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

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