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$119,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 2,142 Sq. Ft.
  • 0.077 Acres
  • Updated 1 day ago
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This versatile 2,142 square foot commercial space is located in downtown Osakis, offering excellent visibility/accessibility. Positioned around nearby shops, dining, and local services, the property benefits from steady foot traffic and a strong small-town business community. Its central location makes it an attractive option for professionals, entrepreneurs, or investors looking to establish or expand a presence in downtown Osakis. The interior space is divided into six private units, two of which are currently leased at $450 per month. Each unit is well-suited for individual offices, treatment rooms, small retail or service-based operations. This configuration allows for multiple tenants, providing a diversified rental income opportunity for an owner or investor. A shared common area with 1/2 bath connects the private units and enhances the overall usability of the property. This communal space can serve as a welcoming reception area or waiting room adding value for tenants and their clients alike. Take advantage of no interior support walls making this property extremely easy to customize and fit your needs. The full basement adds another bonus for personal storage or more income potential. This is a your chance to own a flexible, income-producing commercial space in the center of Osakis.

Full Property Details for 226 Central Ave

General

  • Price: $119,000
  • Taxes: $1,924 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7011820
  • Updated: 1/25/2026
  • Added to Site: 2 day(s) ago

Parking

  • Parking Features: Gravel, On-Street Parking Only

Location

  • County: Douglas
  • Township: Osakis
  • Subdivision: Original Osakis
  • Driving Directions: From E Nokomis St turn North onto Central Ave. Continue for 60 feet, Property is on your left.

School Information

  • School District: 1040 - Osakis
  • High School District: Osakis

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • 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

  • Exterior Const.: Block, Concrete, Steel Siding
  • Basement: Yes
  • Basement Desc.: Block, Full, Concrete
  • Foundation Size: 1071
  • Roof: Metal
  • Disability Access: None
  • Square Feet: 2,142
  • Finished Down/Base.: 2,142 Sq. Ft.
  • Current Bldg. Use: Professional/Office, Beauty/Barber Shop, Commercial
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.077
  • Lot Dimensions: 132 x 26 x 132 x 26
  • Zoning: Business/Commercial

Financial Considerations

  • Operating Expenses: $4,056
  • Tax Amount: $1,924
  • Tax Year: 2025
  • Owner Pays: All Utilities
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Legal Description: SEC-25 TWP-128 RANG-36 ORIGINAL OSAKIS N 29' OF S 95' OF LOTS 5 & 6 EX N 3'6" BLK 2
  • Inclusions: Building, Land, Leases
  • Property ID: 930058000

Listed by Hetland Realty, LLC

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Listing agent

— 226 Central Ave —

  • Hetland Realty, LLC

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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 226 Central Ave

School District:Osakis Public School District
NameGradesDistance
Osakis Elementary School
500 1st Avenue East, Osakis, MN 56360
PK-60.2 mi
Osakis Secondary
500 1st Avenue East, Osakis, MN 56360
7-120.2 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 226 Central Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/25/2026
Listed
$119,000
53.55%
MLS
1/30/2024
Sold
$77,500
—
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 226 Central Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,924
-1%
$73,300
2%
2023
$1,940
-4%
$72,100
-1%
2023
$2,022
-7%
$72,600
1%
2022
$2,168
-2%
$72,000
—
2021
$2,210
-2%
$72,300
1%
2018
$2,260
—
$71,500
2%
2019
$2,256
1%
$70,100
3%
2018
$2,224
-19%
$68,300
—
2017
$2,734
27%
$68,400
—
2016
$2,160
—
$68,191
—
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 Hetland Realty, LLC

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226 Central Avenue, Osakis, MN 56360 (MLS# 7011820) is a Commercial property. 226 Central Avenue is currently listed for $119,000 and was received on January 25, 2026. Want to learn more about 226 Central Avenue? Do you have questions about finding other Commercial real estate for sale in Osakis? You can browse all Osakis real estate or contact a Coldwell Banker agent to request more information.

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