Date
Details
Price
Change
Source
10/20/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Exceptional mixed-use opportunity in the heart of Aitkin County, prominently located along the Highway 169 corridor in the city of Aitkin. Positioned directly across from a busy gas station and just two blocks south of the stoplight, the property offers excellent visibility and convenient access. The main level features attractive, versatile office space with four private offices, a conference room, a spacious reception area with additional workspace, a half bath, a break room or multipurpose room, and dedicated storage and utility area. The upper level includes two one-bedroom apartments with many updates. (Photos don't show all of the recent updates.) Apartments share a balcony and on-site laundry facilities. A separate four-unit garage building includes one space for each apartment, with two additional garages available to rent. Office furnishings-including desks, chairs, bookshelves, and credenzas-as well as select décor may be included with an acceptable offer. Additional items may be negotiable.
Full Property Details
Full Property Details for 12 Minnesota Ave S
General
- Price: $425,000
- Taxes: $3,996 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7156907
- Updated: 10/20/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Additional Information
- Amenities: Ceiling Fan(s), Kitchen Window, Security System
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Description: 22 x 54
- Garage Spaces: 4
- Parking Features: Detached Garage, Asphalt, Garage Door Opener, Multiple Garages, Parking Lot, Paved Lot
Location
- County: Aitkin
- Township: Aitkin
- Subdivision: T R Foleys Amended Plat
- Driving Directions: From the stop lights in Aitkin go south 2 blocks to property on left.
School Information
- School District: 8001 - Aitkin
- High School District: Aitkin
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air, Wall Unit(s)
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate, Heating Separate, Hot Water Separate
Structural Information
- Exterior Const.: Block, Frame
- Foundation Size: 1696
- Roof: Age 8 Years or Less, Architectural Shingle
- Disability Access: Other
- Square Feet: 3,056
- Finished Down/Base.: 3,056 Sq. Ft.
- Current Bldg. Use: Office, Residential
- Year Built: 1972
Unit Information
- Units w/Refrigerators: 3
Lot Features
- Lot Size (Acres): 0.5
- Lot Dimensions: 40 x 68 x 10 x 160 x 167 x 50 x 56 x 63 x 130
- Frontage: Highway
- Zoning: Business/Commercial, Residential-Multi-Family
- Lot Description: Light Tree Coverage, Underground Utilities
Financial Considerations
- Tax Amount: $3,996
- Tax Year: 2026
- Terms: Conventional, Cash
- Owner Pays: Grounds Care, Sewer, Snow Removal, Trash Collection, Water
- Tenant Pays: Broadband, Cable TV, Electricity, Heat, Hot Water
- Pays Cable: Tenant Pays
- Pays Electric: Tenant Pays
- Pays Heat: Tenant Pays
- Pays Trash: Owner Pays
- Pays Water: Tenant Pays
Disclosures and Reports
- Legal Description: Balance of Lot 1 S & E of Trunk Hwy #35 AND Lot 3, T R Foleys Amended Plat AND 10x225 Ft Lying N & S of NW Cor of that Pt of Lot 1 S of NP R/W Less 65 Ft, R/W & Hwy #35 (Full Legal to Govern)
- Inclusions: Building, Land
- Property ID: 561041000
Listed by Woods & Shores Real Estate, Inc.
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— 12 Minnesota Ave S —
Woods & Shores Real Estate, Inc.
NMLS#: 1598647
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Schools
Schools serving 12 Minnesota Ave S
School District:Aitkin Public School District
| Name | Grades | Distance |
|---|---|---|
Rippleside Elementary School 225 2nd Avenue Southwest, Aitkin, MN 56431 | PK-6 | 0.3 mi |
Aitkin Secondary School 306 2nd Street Northwest, Aitkin, MN 56431 | 7-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12 Minnesota Ave S
Tax History
Tax History for 12 Minnesota Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,780
9%
$151,300
7%
2024
$2,556
24%
$141,500
9%
2024
$2,056
-5%
$129,800
24%
2023
$2,162
-13%
$104,900
—
2022
$2,496
9%
$104,900
—
2021
$2,292
5%
$104,600
—
2020
$2,188
—
$104,600
—
2019
$2,182
1%
$104,600
-2%
2018
$2,164
-13%
$106,500
—
2017
$2,490
-1%
$106,500
—
2016
$2,514
—
$106,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 12 Minnesota Ave S
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12 Minnesota Avenue S, Aitkin, MN 56431 (MLS# 7156907) is a Commercial property. 12 Minnesota Avenue S is currently listed for $425,000 and was received on October 20, 2026. Want to learn more about 12 Minnesota Avenue S? Do you have questions about finding other Commercial real estate for sale in Aitkin? You can browse all Aitkin real estate or contact a Coldwell Banker agent to request more information.