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$275,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 6,720 Sq. Ft.
  • 0.26 Acres
  • Updated 1 day ago
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For the ambitious investor! This versatile multi-use building offers a prime opportunity to add value and build instant equity. Much of the heavy lifting has already been completed, allowing you to step in, finish the remaining improvements, and maximize your return. Ideal for an owner-user or investor looking to customize space for multiple potential uses. A major capital improvement has already been taken care of with a new roof installed in Summer 2025. Bring your vision, complete the work to your standards, and unlock this property's full income-producing potential.

Full Property Details for 318 Broadway Ave W

General

  • Price: $275,000
  • Taxes: (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7022959
  • Updated: 2/18/2026
  • Added to Site: 2 day(s) ago

Interior

  • Appliances: Cooktop, Microwave, Range, Refrigerator
  • Flooring: Carpet, Wood

Additional Information

  • Amenities: Sun Room

Parking

  • Garage Description: 22 x 30
  • Parking Features: On-Street Parking Only, Parking Lot

Location

  • County: Morrison
  • Township: Little Falls
  • Subdivision: Thayers Add
  • Driving Directions: West of river in Little Falls on West Broadway/Hwy 27 - on N side of road -300 blk

School Information

  • School District: 1795 - Little Falls
  • High School District: Little Falls

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Baseboard, Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common

Structural Information

  • Exterior Const.: Concrete, Stone
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Foundation Size: 2700
  • Roof: Age 8 Years or Less, Asphalt, Rubber
  • Ceiling Height: 8-10
  • Disability Access: No Stairs External
  • Square Feet: 6,720
  • Finished Down/Base.: 6,720 Sq. Ft.
  • Current Bldg. Use: Church
  • Year Built: 1931

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Dimensions: irr
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Potential Use: Restaurant, Retail, Income
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: SECT- TWP- RANGE- THAYER'S ADDN; LOT 006 BLOCK 055 OF THAYER'S ADDN; LOT 007 BLOCK 055 OF THAYER'S ADDN LOT 6 & E 2.50 FT OF LOT 7 BLK 55
  • Inclusions: Building, Fixture/Equipment
  • Property ID: 490225000

Listed by Edina Realty, Inc.

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Listing agents

— 318 Broadway Ave W —

  • Edina Realty, Inc.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 318 Broadway Ave W

School District:Little Falls Public School District
NameGradesDistance
Lincoln Elementary School, Little Falls, MN
300 6th Street Southwest, Little Falls, MN 56345
PK-50.3 mi
Community Middle School
1000 1st Avenue Northeast, Little Falls, MN 56345
6-81.3 mi
Little Falls Senior High School
1001 5th Avenue Southeast, Little Falls, MN 56345
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 318 Broadway Ave W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2026
Listed
$275,000
-72.5%
MLS
8/01/2006
Sold
$1,000,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 318 Broadway Ave W

Year
Property Taxes
Change
Tax Assessment
Change
2025
$622
-3%
$160,900
—
2024
$640
-3%
$160,900
1%
2023
$657
—
$159,800
18%
2023
$657
100%
$135,000
12%
2021
100%
$120,300
-66%
2020
100%
$353,700
193%
2017
100%
$120,600
7%
2017
-100%
$112,500
2%
2011
$4,294
—
$110,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Edina Realty, Inc.

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318 Broadway Avenue W, Little Falls, MN 56345 (MLS# 7022959) is a Commercial property. 318 Broadway Avenue W is currently listed for $275,000 and was received on February 18, 2026. Want to learn more about 318 Broadway Avenue W? Do you have questions about finding other Commercial real estate for sale in Little Falls? You can browse all Little Falls real estate or contact a Coldwell Banker agent to request more information.

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