$129,000
International Falls, MN 56649
MLS# 7012838
3 beds
1 / 24
Property Description
Prime downtown commercial building offering 1,892 sq ft of main-floor space with excellent street visibility, ideal for retail, office, or service use, plus three fully rented upper-level apartments providing immediate income; located in a high-traffic area surrounded by established businesses and featuring some off-street parking in the back. This mixed-use property is a rare opportunity for investors or owner-operators seeking both business potential and steady rental revenue.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $129,000
Contingency: None
ListPrice: 129000
List Date: 2026-01-27
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 4
Owner Occupied: No
Waterfront Present: No
Year Built: 1910
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 25x140
Acres: 0.08
Foundation Size: 1892
Garage Stalls: 0
Power Company: Minnesota Power
For Sale or Lease: For Sale
Bedrooms: 3
Location, Tax and Other Information
Legal Description: BLOCKS 1-50 INTERNATIONAL FALLS LOT 19 BLK 17
Listing City: International Falls
Map Page: 999
Municipality: International Falls
School District: International Falls
School District Phone: 218-283-2571
Zip Plus 4: 3062
Property ID Number: 9200617190
Tax Year: 2025
Tax Amount: 2124
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Prime downtown commercial building offering 1,892 sq ft of main-floor space with excellent street visibility, ideal for retail, office, or service use, plus three fully rented upper-level apartments providing immediate income; located in a high-traffic area surrounded by established businesses and featuring some off-street parking in the back. This mixed-use property is a rare opportunity for investors or owner-operators seeking both business potential and steady rental revenue.
Directions: 426 3rd Street/Downtown International Falls
Accessible
None: 1
Air Conditioning
Wall Unit(s): 1
Amenities Shared
Other: 1
Appliances
Range: 1
Refrigerator: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 2124
Basement
None: 1
Building Information
Building Finished SqFt: 3784
Construction Materials
Brick: 1
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Foundation
Slab: 1
Fuel
Natural Gas: 1
Heating
Boiler: 1
Hot Water: 1
Radiant: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Owner Pays
Heat: 1
Insurance: 1
Water: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Driveway - Shared: 1
Paved Lot: 1
Unassigned: 1
Road Responsibility
Public Maintained Road: 1
Roof
Flat: 1
Rubber: 1
Sale Options
Sale Includes: Building, Land, Leases
Sewer
City Sewer/Connected: 1
Shared Rooms
Other: 1
Stories
Two: 1
Unit 1
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: 2nd Level
Unit Number: 1
Monthly Rent: 700
Total Bedrooms: 1
No. of 1 Bedroom Units: 3
Unit Details
Total Units: 4
Water
City Water/Connected: 1
No. of Ranges
Three: 1
No. of Refrigerators
Three: 1
Tenant Pays
Electricity: 1
Unit 2
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Monthly Rent: 500
Total Bedrooms: 1
Unit 3
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: 2nd Level
Unit Number: 3
Monthly Rent: 600
Total Bedrooms: 1
Unit 4
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: Main Level
Unit Number: 4
Monthly Rent: 900
On Site Utilities
Electric Separate: 1
Heating Common: 1
Hot Water Common: 1
CMU Style
Apartments and Retail: 1
Business Opportunity: 1
Current Use
Business Service: 1
Commercial: 1
Other: 1
Residential: 1
Loan Terms
Cash: 1
Conventional: 1
Location Description
Downtown: 1
Location Tax and Other Information
House Number: 426
Street Name: 3rd
Street Suffix: Street
Postal City: International Falls
County: Koochiching
State: MN
Zip Code: 56649
Complex/Dev/Subdivision: International Falls
Property Features
Accessible: None
Air Conditioning: Wall Unit(s)
Amenities Shared: Other
Appliances: Range; Refrigerator
Basement: None
CMU Style: Apartments and Retail; Business Opportunity
Construction Materials: Brick
Construction Status: Previously Owned
Current Use: Business Service; Commercial; Other; Residential
Exterior: Brick/Stone
Foundation: Slab
Fuel: Natural Gas
Heating: Boiler; Hot Water; Radiant
Loan Terms: Cash; Conventional
Location Description: Downtown
On Site Utilities: Electric Separate; Heating Common; Hot Water Common
Owner Pays: Heat; Insurance; Water
Parking Characteristics: Driveway - Shared; Paved Lot; Unassigned
Road Responsibility: Public Maintained Road
Roof: Flat; Rubber
Sewer: City Sewer/Connected
Shared Rooms: Other
Stories: Two
Tenant Pays: Electricity
Water: City Water/Connected
Listing Office: Move it Real Estate Group/Lake
Last Updated: January - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.