213 Main S Ave Park Rapids, MN 56470-1517
This well-maintained, 2,000 square foot commercial building is ideally situated on Main Avenue in the heart of Park Rapids, Minnesota. Its vibrant downtown location offers excellent visibility and accessibility, surrounded by a thriving mix of restaurants and shops. The property presents a significant opportunity for a variety of businesses seeking a prominent presence in a bustling commercial district. The building's 2,000 square feet provide ample space for diverse operational needs. The asking price is $209,900. The property is located at 213 Main Avenue, Park Rapids, MN 56470, in Hubbard County. Its prime location on Main Street ensures high foot traffic and visibility, making it an attractive option for businesses seeking maximum exposure. This is a rare opportunity to acquire a well-established commercial space in a desirable and growing community. The building's condition is described as well-maintained, suggesting minimal immediate renovation needs. The property is classified as a special purpose building, offering flexibility for various commercial uses. The property's address is easily accessible and conveniently located within the downtown area. This presents a strong investment opportunity in a thriving Minnesota community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.