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PRICE REDUCED! Retail w/ Apartments
108 1st Street SE, Little Falls, MN 56345
For Sale $149,900.00
Detailed Brochure

PRICE REDUCED TO $149,900 FROM $164,999! Affordable investment opportunity in the heart of Downtown Little Falls. Purchase this large, retail building as an owner/user or an investor. The upper level has two apartments, adding additional income for an investor/owner. The user of the building can enjoy easy access, great visibility and high traffic counts while also being conveniently located within walking distance of the otherdowntown businesses, restaurants, parks, the Little Falls Dam and more – making it an ideal location for the upstairs renters as well.

  • Purchase Price: $149,900.00
  • Directions: From the intersection of Hwy 27 and Hwy 10 - West on Hwy 27/Broadway Street - South on 1st Street SE - Property is 4th building on the west
  • Building Size Total (Sq. Ft): 14,510
  • Building Size Main (Sq. Ft): 6,492
  • Building Size Upper (Sq. Ft): 2,246
  • Building Size Lower (Sq. Ft): 5,772
  • Lot Size (Sq. Ft): 6,000
  • Lot Size (Acres): 0.14
  • Lot Dimensions: 40' x 150'
  • Road Frontage: 40' on 1st Street SE
  • Original Price: $164,999.00
  • Price Note: PRICE REDUCED TO $149,900 FROM $164,999!
  • Property Tax Year: 2018
  • Annual Property Tax: $3,784.00
  • Property Features / Assets: Entire Bldg: 14,510 SF. Main Level: 5,772 SF (Retail Space). Main Level/Up: 480 SF (Utility, Storage, Sink). Main Level/Down: 240 SF (Laundry). Lower Level: 5,772 SF (Basement Storage, Mechanical). Upper Level: 2,246 SF (2 Apartments). Apartments: Apt 1 - 631 SF; Apt 2 - 1,085 SF; Shared Area - 530 SF.
  • Water: City
  • Sewer: City
  • Heating: Natural Gas Forced Air
  • Cooling: Wall Units in Apartments
  • Electric – Amps: 100
  • Electric – Phase: Single
  • Lighting: Fluorescent
  • Year Built: 1915
  • Construction: Concrete Block
  • Foundation: Block & Stone
  • Roof: Flat - Rubber Membrane (New in 2011)
  • Exterior: Brick
  • Ceiling Height: Retail: 11'; Storage & Apts: 8'
  • Floor Drains: 3 (Main Level); 3 (Apartments)
  • Bathrooms: 1 (Main Level); 2 (Apartments)
  • Highspeed Internet: Yes
  • Parking Spaces: On-Street Parking
  • Neighboring Businesses: Businesses nearby include the Rustic Saloon, Shoppes of Little Falls, Christina Johnson Photography, Gamello/Qualley/Pearson/Mallak, The Black & White Cafe, Red Bull Bar & Grill, Good Book, Great River Arts, Luberts Auto Parts, Luxe, The Falls Theater, Bon Jos, Melgram Jewelers, Contegrity Group, US Bank, Antiques, Hello Gorgeous, Whiskey River, Paps Sport Shop, 1st Ave Dental plus numerous others.
  • Traffic Counts: 9,000 on 1st St SE and 11,300 - 13,000 on Broadway St/Hwy 27
  • MLS #: 4954874
  • CC File #: 1489
  • Zoning: B-2 Commercial
  • PID#: 48-0013-000
  • Legal Description: S 40 ft of N 60 ft of Lot 7, Block 6, Original Plat Little Falls
Property Map