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109 1st St E 3,036 SF Retail Building Park Rapids, MN 56470 $469,000 ($154.48/SF)
Investment Highlights
- Prominent location along 1st St E near downtown Park Rapids
- Zoned B-2 – General Business
- Excellent street visibility and signage presence
- Functional single-story building layout
Executive Summary
Freestanding former quick-service restaurant building located along 1st St E in downtown Park Rapids. The property features a corner-influenced site with excellent visibility, a large on-site parking field, and strong accessibility from surrounding commercial corridors, making it suitable for retail, restaurant, or redevelopment users.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,036 SF
Building Class
C
Year Built
1991
Price
$469,000
Price Per SF
$154.48
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
0.80 AC
Opportunity Zone
Yes
Zoning
B-2 - General Business
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $241,000 | |
| Land Assessment | $185,900 | Total Assessment | $426,900 |
Property Taxes
Parcel Numbers
Land Assessment
$185,900
Improvements Assessment
$241,000
Total Assessment
$426,900
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109 1st St E
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