USAMNWalkerCommercial Clubs 1St Add107 Minnesota Ave E
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107 Minnesota Ave E, Walker, MN

Real Estate

For Sale

Listed price in listed location currency (USD).
$1,215,000

000

MLS® 7021063

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
HOA Fees 
Taxes $3,477
Days Active 1
Approx. Age 1950
MLS® Number 7021063

Property Address: 107 Minnesota Ave E, Walker, MN, 56484

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

Description

Exceptional investment opportunity in Walker, Minnesota overlooking the shores of Leech Lake. This fully remodeled 14-unit apartment property offers immediate income potential in one of northern Minnesota’s most desirable lake destinations. The unit mix includes one spacious 3-bedroom, 1-bath apartment, ten 1-bedroom, 1-bath apartments, and three efficiency units. All units have been recently renovated, delivering modern finishes, updated interiors, and turnkey appeal for both long-term tenants and short-term guests. Three units are currently operating as Airbnb rentals, creating diversified revenue streams and strong seasonal income potential driven by year-round tourism. The property’s elevated setting provides scenic lake views and easy access to Walker’s vibrant downtown, known for its local shops, dining, marina access, and recreational opportunities. Residents and guests enjoy proximity to boating, fishing, snowmobiling, and trail systems that make this region a consistent draw for visitors. Located just a short drive from Park Rapids and Nevis, the property benefits from steady regional traffic and a strong vacation rental market anchored by Leech Lake’s reputation as a premier outdoor destination. The extensive remodel reduces immediate capital expenses while positioning the asset for stable cash flow and long-term appreciation. Ideal for investors seeking a turnkey, mixed-use rental strategy in a high-demand lake market, this property combines location, modernization, and income diversity in one compelling package.
MLS® Number7021063
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1950
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Business

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 26, 2026List Date
$1,215,000List Price
Apr 26, 2024End Date
$535,000Sold Price

Sold

Sep 8, 2023List Date
$600,000List Price
  • Commute

Commute

Starting Address
Destination Address
107 Minnesota Ave E, Walker, MN

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