• Picture4
  • Picture8
  • Picture2
  • Picture6
  • Picture5
  • DSC_0032
  • DSC_0035
  • DSC_0045
  • DSC_0054
  • DSC_0057
  • DSC_0063
  • DSC_0090
  • DSC_0068
  • DSC_0070
  • DSC_0072
  • Dollar Store 3-1
  • aerial1-aitkin
  • aerial2-aitkin
Retail For Sale or Lease
315 1st Ave SE, Aitkin, MN 56431
For Lease, For Sale $750,000.00 - Price | $4.50 Per Sq. Ft. - Lease Rate
Detailed Brochure

Great investment opportunity with a 2-tenant retail building located along the Hwy 169 corridor in Aitkin. Currently O’Reilly Auto Parts occupies one space and the other space is available for lease. A tenant can enjoy a large open retail floor plan at an affordable rate. This location offers excellent exposure and easy access in a primarily residential neighborhood located just south of the downtown shopping district.

  • Purchase Price: $750,000.00
  • Lease Price (Sq. Ft): $4.50
  • Directions: Building is located on the NE corner of the intersection of Minnesota Ave S (Hwy 169) and 4th Street SE (Hwy 47)
  • Building Size Total (Sq. Ft): 21,002
  • Building Size Main (Sq. Ft): 21,002
  • Lot Size (Sq. Ft): 63
  • Lot Size (Acres): 1.45
  • Lot Dimensions: 300' x 300' x 120' x 150' x 180' x 150'
  • Road Frontage: 300' along Minnesota Ave S (Hwy 169), 300' along 4th Street SE (Hwy 47), 150' along 3rd Street SE and 120' along 1st Ave SE
  • Lease Size Total (Sq. Ft): 12,668
  • Lease Size Main (Sq. Ft): 12,668
  • Price Note: $750,000 (Entire Building)
  • Lease Type: $4.50/SF Triple Net (12,668 SF Space)
  • Property Tax Year: 2019
  • Annual Property Tax: $23,576.00
  • Property Features / Assets: Entire Bldg: 21,002 SF; O'Reilly Auto Parts: 8,334 SF; Available Lease Space: 12,668 SF
  • Water: City
  • Sewer: City
  • Heating: Natural Gas Forced Air
  • Cooling: Central Air - Electric Rooftop Units
  • Electric – Amps: 200
  • Electric – Phase: Single
  • Lighting: Fluorescent
  • Construction: Concrete Block
  • Foundation: Poured Concrete
  • Roof: Flat - Rubber Membrane
  • Exterior: Brick & Concrete Block
  • Ceiling Height: 10' & 14'
  • Overhead Doors: On the front side of the O'Reilly Auto Parts Space
  • Loading Docks: On the back side of the O'Reilly Auto Parts Space
  • Floor Drains: Several
  • Bathrooms: 2 (Available Space)
  • Security: Yes
  • Highspeed Internet: Yes
  • Parking Spaces: 65 Paved Parking Stalls
  • Adjacent Tenants: O'Reilly Auto Parts
  • Neighboring Businesses: Businesses nearby include Aitkin Health Services, Blackrock Terrace Apartments, Rippleside Elementary School, Aitkin County Housing, First Lutheran Church, New Life Alliance Church, Aitkin City Park, Funeral Home, Riverwood Healthcare Center Hospital, Aitkin Iron Works, Holiday Gas, Family Dollar, plus numerous others.
  • Traffic Counts: 9,800 on Minnesota Ave S (US Hwy 169) and 4,600 on 4th St SE (Hwy 147)
  • MLS #: 5131446
  • CC File #: 1508
  • Zoning: C - Commercial Highway & LI-TC - Light Industrial / Commercial Transition
  • PID#: 56-1-035400, 56-1-035300 & 56-1-034800
  • Legal Description: Lots 7 - 12, less Hwy, Block 121 and S 20 ft of Lot 4 & all of Lots 5 & 6, Block 121, First Addition to Aitkin
Property Map