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

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    Park Rapids Commercial Property For Sale
    Updated: Apr 11, 2024
    Park Rapids Commercial Property For Sale

    201 1st St E, Park Rapids, MN 56470

    $465,000
    5,565 sqft
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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 on Highway 371
    Commercial Property on Highway 371

    5401 Birchdale Rd, Brainerd, MN 56401

    $699,000
    5,800 sqft

    Commercial investment property with excellent visibility and tenant in place.

    View details
    Office-Warehouse Facility in Brainerd, MN
    Office-Warehouse Facility in Brainerd, MN

    506 James St, Brainerd, MN

    $2,500,000
    27,402 sqft 1.74 AC lot

    Versatile office and industrial space near high-traffic Washington St corridor.

    View details
    Flex Warehouse with Free Span
    Flex Warehouse with Free Span

    1008 Washington Avenue S, Bemidji, MN 56601

    $175,000

    A versatile office, storage, and retail/wholesale building with a free-span steel frame and full kitchen facilities.

    View details
    Office and Shop Space Available
    Office and Shop Space Available

    1407 Naylor SE Drive, Bemidji, MN 56601

    Contact for pricing
    4,992 sqft 2.13 AC lot

    Office and shop space in Bemidji's Industrial Park.

    View details

    Park Rapids, MN Office Units Market Trends and Statistics

    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

    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 $465K

    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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