x
Showing 1 of 0
X
Save

105 1st Street W
Milaca MN 56353 US

$499,900

Active Listing ID 7147300
lot icon
Lot: 0.04 Acres
home icon
Apartment

$499,900

Active Listing ID 7147300
Save

105 1st Street W Excellent mixed-use investment opportunity in a high-visibility corner location in Milaca! This versatile property combines an established residential income stream with flexible commercial space, offering investors multiple ways to maximize the property's potential. The residential portion features 6 apartments-four 1-bedroom units and two efficiency units-with all six currently leased, providing immediate rental income and an established tenant base. The main-level commercial space has most recently operated as a restaurant and offers excellent visibility and exposure from its prominent corner location. The space provides flexibility for an owner-user or future tenant and could potentially be converted to office, retail, service, or other commercial uses, subject to zoning and applicable approvals. The combination of fully leased residential units and adaptable commercial space creates an attractive opportunity for investors seeking diversified income within a single property. An owner-user could also explore utilizing the commercial portion while retaining the residential units as an income-producing component. With its prominent location, existing rental income, and flexible commercial footprint, this property offers a variety of possibilities for an investor looking to acquire a mixed-use asset with potential for continued income and future value enhancement. Bring your vision and take advantage of the possibilities this property has to offer!

Collapse all

Property Features

  • Facts
  • Lot Size: 0.04 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Apartment
  • Features
  • Heating Fuels: Baseboard, Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Apartment
  • listprice: 499900
  • unparsedaddress: 105 1st Street W
  • postalcity: Milaca
  • stateorprovince: MN
  • country: US
  • postalcode: 56353
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.043
  • lotsizeunits: Acres
  • lotsizearea: 0.043
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 45.754885
  • longitude: -93.651716
  • listagentfullname: Douglas A. Seanger
  • listagentemail: doug@premierhomesearch.com
  • listagentkey: 3yd-RMLSMN-63341
  • listagentmlsid: 63341
  • listagentpreferredphone: (320) 259-4554
  • listofficekey: 3yd-RMLSMN-5513
  • listofficemlsid: 5513
  • disclaimer: Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1900
  • listingcontractdate: 2026-09-18
  • listagenturl: http://www.premierhomesearch.com
  • countyorparish: Mille Lacs
  • parcelnumber: 210410290
  • highschooldistrict: Milaca
  • heating: Baseboard, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -93.65172, 45.754887
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Premier Real Estate Services", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"doug@premierhomesearch.com", "ListBrokerageCity":"St. Cloud", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@premierhomesearch.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Premier Real Estate Services", "ListBrokeragePhone":"(320) 259-4554", "ListBrokeragePostalCode":"56303", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"550 25th Avenue North", "ListBrokerageWebsiteUrl":"http://www.premierhomesearch.com", "ListOfficeAddress1":"550 25th Ave N ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"5513", "ListOfficeCity":"St. Cloud", "ListOfficeCountry":"US", "ListOfficeEmail":"info@premierhomesearch.com", "ListOfficePostalCode":"56303", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Milaca, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/7147300/?channel=rexren", "MLSModificationTimestamp":"2026-09-21 20:02:04", "Neighborhoods":[{"Description":null, "Name":"First Add To Milaca"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5658, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/21/2026 8:04:42 PM GMT
Source Updated Date: 9/28/2026 6:58:27 PM GMT

Courtesy of: Douglas A. Seanger, Premier Real Estate Services, doug@premierhomesearch.com

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.