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115 1st St W 1,200 - 2,400 SF of Retail Space Available in Milaca, MN 56353
Highlights
- High visibility
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | Negotiable | $7.50 /SF/YR $0.63 /SF/MO $9,000 /YR $750.00 /MO | Modified Gross | ||
| 1st Floor | 1,200 SF | Negotiable | $7.50 /SF/YR $0.63 /SF/MO $9,000 /YR $750.00 /MO | Modified Gross |
1st Floor
Located in the heart of Downtown Milaca, 115 1st Street West offers a flexible office and retail leasing opportunity in a highly visible, community-oriented setting. This address sits along one of the city’s primary commercial streets, surrounded by local retailers, professional offices, civic institutions, and service providers that generate consistent daily activity. Downtown Milaca serves as the central hub for business and community engagement in the region, making this an ideal location for tenants seeking local visibility and walkable access to everyday amenities.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
- Great location
1st Floor
Located in the heart of Downtown Milaca, 115 1st Street West offers a flexible office and retail leasing opportunity in a highly visible, community-oriented setting. This address sits along one of the city’s primary commercial streets, surrounded by local retailers, professional offices, civic institutions, and service providers that generate consistent daily activity. Downtown Milaca serves as the central hub for business and community engagement in the region, making this an ideal location for tenants seeking local visibility and walkable access to everyday amenities.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 2,400 SF of adjacent space
- Great location
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 2,400 SF | Gross Leasable Area | 3,200 SF |
| Property Type | Retail | Year Built | 1909 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,200 SF |
| Year Built | 1909 |
About the Property
Milaca functions as a regional service center for southern Mille Lacs County, supporting healthcare, education, government services, and small businesses that draw visitors from surrounding communities. The property benefits from proximity to Highway 23, providing convenient connectivity to Foley, Princeton, Mora, and the broader Central Minnesota region. This accessibility supports both customer traffic and employee commuting while maintaining the charm and approachability of a small-town downtown environment.
Presented by
Artem Gorkusha
115 1st St W
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