209 1st St W - Retail FOR SALE


Park Rapids, MN 56470
$2,225,000 USD
612-619-9611
209 1st St W, Park Rapids, MN for Sale
$2,225,000 USD
Retail - FOR SALE
1/2
null | Request Cap Rate

209 1st St W
Park Rapids, MN 56470


HIGHLIGHTS

  • Prime downtown location at a main intersection in Park Rapids
  • Located in established retail corridor near national and local retailers
  • Large surface parking lot with multiple access points
  • Excellent visibility with ~298 feet of frontage along County Road 34

OVERVIEW

Former grocery store property available for sale at 209 1st St W in downtown Park Rapids. The site features a 35,108 SF commercial building positioned on a high-visibility corner with approximately 298 feet of frontage along Co Rd 34. The property benefits from excellent accessibility with full movement access, a large surface parking lot, and placement at a primary intersection within the city’s retail corridor. Park Rapids’ strong seasonal tourism and second-home market contribute to significantly increased population and traffic levels during peak months, enhancing retail demand and redevelopment potential.

FOR SALE DETAILS

PRICE

$2,225,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Garden Center, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.75 AC

LAND SF

119,790 SF

ZONING

Commercial

APN/PARCEL ID

32.46.00800

ASK ABOUT THIS PROPERTY

Russell McGintyNorth Central Commercial Real Estate CompanyMore Info
612-619-9611

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Russell McGintyNorth Central Commercial Real Estate CompanyMore Info
612-619-9611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.