USAMNMilacaFirst Add to Milaca105 1St St W
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$499,900

For Sale

19 days ago

105 1St St W, Milaca, MN

House

MLS® 7147300

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage 
Taxes $5,658
Days Active 19
Lot Size 0.043 Acres
Approx. Age 1900
MLS® Number 7147300

Property Address: 105 1st St W, Milaca, MN, 56353-1160

Average square foot calculated using Size range provided by listing agent.

Description

Excellent mixed-use investment opportunity in a high-visibility corner location in Milaca! This versatile property combines an established residential income stream with flexible commercial space, offering investors multiple ways to maximize the property’s potential. The residential portion features 6 apartments—four 1-bedroom units and two efficiency units—with all six currently leased, providing immediate rental income and an established tenant base. The main-level commercial space has most recently operated as a restaurant and offers excellent visibility and exposure from its prominent corner location. The space provides flexibility for an owner-user or future tenant and could potentially be converted to office, retail, service, or other commercial uses, subject to zoning and applicable approvals. The combination of fully leased residential units and adaptable commercial space creates an attractive opportunity for investors seeking diversified income within a single property. An owner-user could also explore utilizing the commercial portion while retaining the residential units as an income-producing component. With its prominent location, existing rental income, and flexible commercial footprint, this property offers a variety of possibilities for an investor looking to acquire a mixed-use asset with potential for continued income and future value enhancement. Bring your vision and take advantage of the possibilities this property has to offer!
MLS® Number7147300
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
DrivewayOn-Street Parking Only
Garage Spaces
HeatBaseboard, Forced Air
A/C

Extras

Building

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 20, 2026List Date
$499,900List Price
  • Commute

Commute

Starting Address
Destination Address
105 1St St W, Milaca, MN

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