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$165,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.098 Acres
  • Updated 1 day ago
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Excellent opportunity to own a retail space with an apartment above. Currently being used as a consignment center with several tenants. Upper apartment is a 2 bedroom that is in very good condition. Newer mechanicals and electric have been done. This space is ready for a new owner.

Full Property Details for 115 2nd Ave SW

General

  • Price: $165,000
  • Taxes: $1,856 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7092499
  • Updated: 6/13/2026
  • Added to Site: 3 day(s) ago

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Mille Lacs
  • Township: Milaca
  • Subdivision: First Add To Milaca
  • Driving Directions: Central Ave to 1st St W Left to 2nd Ave SW Left to building on Left.

School Information

  • School District: 912 - Milaca
  • High School District: Milaca

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Foundation Size: 2800
  • Disability Access: None
  • Current Bldg. Use: Retail
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.098
  • Lot Dimensions: 26 x 75
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $1,856
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: FIRST ADDITION TO MILACA S 26 FT OF N 54 FT LOT 7 BLK 7 LYING W'LY OF FOLLOW LINE: COMM AT NW COR E 74.25 FT, S 28.00 FT, E 1.92 FT TO POB, S 26.00 FT
  • Inclusions: Building, Fixture/Equipment
  • Property ID: 210410380

Listed by Milaca Realty

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— 115 2nd Ave SW —

  • Milaca Realty

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 115 2nd Ave SW

School District:Milaca Public School District
NameGradesDistance
Milaca Elementary School
500 Minnesota 23, Milaca, MN 56353
PK-60.3 mi
Milaca Secondary High School
500 Minnesota 23, Milaca, MN 56353
7-120.3 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 115 2nd Ave SW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/13/2026
Listed
$165,000
40.33%
MLS
12/30/2004
Sold
$117,581
—
Public Record
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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 115 2nd Ave SW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,580
16%
$92,700
25%
2023
$1,360
-7%
$74,100
11%
2022
$1,460
-1%
$66,500
15%
2021
$1,470
-7%
$57,800
3%
2020
$1,574
-2%
$56,200
—
2019
$1,608
-5%
$56,100
-3%
2018
$1,686
-21%
$57,600
-2%
2017
$2,146
-7%
$59,000
100%
2016
$2,318
—
—
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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Listed by Milaca Realty

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115 2nd Avenue SW, Milaca, MN 56353 (MLS# 7092499) is a Commercial property. 115 2nd Avenue SW is currently listed for $165,000 and was received on June 13, 2026. Want to learn more about 115 2nd Avenue SW? Do you have questions about finding other Commercial real estate for sale in Milaca? You can browse all Milaca real estate or contact a Coldwell Banker agent to request more information.

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