$249,900
312 2nd Street NW
Big Falls, MN 56627
MLS# 6697568



312 2nd Street NW, Big Falls, MN 56627
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Property Description
Own a Piece of Big Falls History – Historic Big Falls Mercantile. Here’s your opportunity to own a thriving small-town business that’s so much more than a store—it’s a vital hub in the heart of Big Falls, Minnesota. Built in 1912, the building still features the original pressed tin siding and ceilings as well as the charm of the original wood floors. The Big Falls Mercantile is a well-established, multi-use property that serves as the town’s only grocery store within a 20-mile radius and also operates as a hardware store, propane exchange and fill station, general store, and rental property. Strategically located near the scenic Bigfork River, this property sees steady local and tourist traffic. From outdoor enthusiasts coming to explore the area’s renowned ATV and horseback trails, to campers and paddlers looking to rent a canoe or kayak—this business is positioned to serve them all. The Mercantile features: Retail storefront with hardware, outdoor gear, groceries, gifts, and souvenirs; Propane exchange and fill station; Canoe and kayak rentals for river adventurers. Upstairs there are 6 apartments offering 1- and 2-bedroom furnished units. There is additional space for expanded retail use. The Big Falls Mercantile isn’t just a business—it’s a cornerstone of the community and an exciting opportunity for anyone looking to invest in a lifestyle and a legacy. Whether you're an entrepreneur, investor, or someone seeking a change of pace in a welcoming small town—this is your chance to make a lasting impact in beautiful Big Falls, MN. (NOTE: although the grocery business is not a part of this listing a possible negotiation can be made for it)

Details
Maps
Contract Information
Status: Active
Current Price: $249,900
Contingency: None
ListPrice: 249900
List Date: 2025-04-01
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: No
Year Built: 1912
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Foundation Size: 9600
Power Company: North Star Electric Coop
For Sale or Lease: For Sale
Acres: 0.42
Lot Dimensions: 136x165
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 312
Street Name: 2nd
Street Suffix: Street
Street Direction Suffix: NW
Postal City: Big Falls
County: Koochiching
State: MN
Zip Code: 56627
Complex/Dev/Subdivision: Robinsons & Swedbacks Add To Big Falls
Additional Parcels Information
Property ID #2: 9101209130
Assessments
Tax With Assessments: 1460
Basement
Foundation Dimensions: 100x49
Building Information
Building Finished SqFt: 9600
Building SqFt: 6860
Ceiling Height: 16-20
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
Unit 1
No. of 1 Bedroom Units: 2
Unit 2
No. of 2 Bedroom Units: 4
Unit Details
Total Units: 6
Property Features
Accessible: None
Air Conditioning: Window
Amenities Shared: Coin-op Laundry Owned
Appliances: Range; Refrigerator
CMU Style: Apartments and Retail
Construction Materials: Concrete; Other
Construction Status: Previously Owned
Current Use: Commercial; Other; Retail
Existing Financing: Special Funding
Exterior: Metal
Flooring: Other/See Remarks
Fuel: Electric; Oil; Propane; Wood
Heating: Outdoor Boiler; Other
Lock Box Type: None
On Site Utilities: Electric Common; Heating Common
Owner Pays: All Utilities
Parking Characteristics: Parking Lot
Rent Rate per Foot: Per Month
Rental License Type: Standard
Road Frontage: City Street
Roof: Age Over 8 Years; Asphalt Shingles
Sewer: City Sewer/Connected
Wall Description: Drywall; Finished; Paneling; Plaster; Wood
Water: City Water/Connected

Listing Office: United Country Bold North

Last Updated: April - 04 - 2025

312 2nd Street NW, Big Falls, MN 56627 - MLS# 6697568

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