Financial
Distress signals
Property profile

115 1st E St Pease, MN 56363

OFF-MARKET
Other specialty properties
Property ID
US46-1157919
9,519 SF
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in downtown Milaca at 115 1st Street W, this mixed-use property includes a total of approximately 3,200 sq. ft. The main level provides a wide-open commercial area with natural light from two large street-facing windows, configured for use as a storefront, office, boutique, or studio. The upper level contains a 3-bedroom, 1-bath apartment, and the lower level includes an efficiency apartment; both units have historically been occupied on a month-to-month basis. The property had a new A/C unit installed in 2024 and sits on a lot of 0.044 acres.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$15
Tax billed · 2023
Assessed value$306k
Assessed land$25k
Assessed improvement$281k
Effective rate0.00%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMILLE LACS

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery8.6
Pawn Shop8.4
Dental Office8.2

Location

115 1st E St Pease, MN 56363-2109
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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