Property profile

115 1st E St Milaca, MN 56353

OFF-MARKET
Other specialty properties
Property ID
US46-1355352
Individually Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Mixed-use building at 115 1st Street W in downtown Milaca, set on a 0.044-acre lot. The property provides approximately 3,200 sq. ft. of space with a main level configured as an open commercial area featuring natural light from two large street-facing windows, suitable for retail storefront use, office use, or a studio/boutique-type setting. The upper level contains a 3-bedroom, 1-bath apartment, and the lower level includes a separate efficiency apartment. Both residential units have been occupied on a month-to-month basis. The building includes a heating and cooling system with a new A/C unit installed in 2024.

Property profile

Verified
Property type Other specialty properties
Use group CHARITABLE ORGANIZATION
APN 21-043-2150
UPID US46-1355352

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Corporate Office
  • Computer & Electronic Repair
  • Alternative Medicine Practice

Location

115 1st E St Milaca, MN 56353-1201
Milaca metro Census 170500 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2025
4 recorded transactions
2025
$202,500
2025
Price N/A
2024
Price N/A
2022
$150,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 115 1st E St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message