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$219,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 3,450 Sq. Ft.
  • 0.08 Acres
  • Updated 2 days ago
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Investment Opportunity with this Park Rapids unique and nostalgic commercial property on the corner of Main Street and 2nd Ave, which boasts 3,450 sq feet of rental space and great parking. As you enter the main level you will feel the care and beauty that this building possesses. Rental history has been great with retail on the main level, bathroom facilities and lower-level storage. There are 2 apartments which are rented and have a great history for occupancy. The main floor bedroom apartment has 2 bedrooms and separate entry and there is an updated 4 bedroom on the upper level. Both of the apartments have laundry facilities and designated parking. Income producing and so much potential. Call today for your private showing.

Full Property Details for 122 Main Ave S

General

  • Price: $219,000
  • Taxes: $2,963 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7089335
  • Updated: 6/27/2026
  • Added to Site: 3 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Concrete Slab, Wood

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Porch/Patio/Deck: Porch

Parking

  • Parking Features: Assigned, On-Street Parking Only

Location

  • County: Hubbard
  • Township: Park Rapids
  • Subdivision: Park Rapids
  • Driving Directions: From 34/71 in Park Rapids go West on 34 1 Block to a left on to Main Street. The property is on the first block on the left, at the intersection of Main and Second Street.

School Information

  • School District: 309 - Park Rapids
  • High School District: Park Rapids

Heating & Cooling

  • Heating Type: Baseboard, Boiler, Ductless Mini-Split, Hot Water, Zoned
  • Heating Fuel: Electric, Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Frame, Stone
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Partial, Partially Finished, Storage Space
  • Foundation Size: 2300
  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Ceiling Height: 8-10
  • Disability Access: None
  • Square Feet: 3,450
  • Finished Down/Base.: 3,450 Sq. Ft.
  • Current Bldg. Use: Commercial, Residential
  • Year Built: 1910

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Dimensions: 25 x 46
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot
  • Fencing (Description): Wood

Financial Considerations

  • Tax Amount: $2,963
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: All Utilities, Fuel, Insurance, Repairs, Taxes, Trash Collection
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: .08 AC PRC ORIGINAL TOWNSITE LOT 13 BLK 2
  • Inclusions: Building, Fixture/Equipment, Leases
  • Property ID: 323700100

Listed by Affinity Real Estate Inc.

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Listing agent

— 122 Main Ave S —

  • Affinity Real Estate 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

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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 122 Main Ave S

School District:Park Rapids Public School District
NameGradesDistance
Park Rapids Area Century Elementary School
501 Helten Avenue, Park Rapids, MN 56470
PK-40.7 mi
Park Rapids Area Century Middle School
501 Helten Avenue, Park Rapids, MN 56470
5-80.7 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 122 Main Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/27/2026
Listed
$219,000
3.06%
MLS
11/01/2023
Sold
$212,500
—
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 122 Main Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,760
—
$195,100
—
2024
$3,778
35%
$195,200
3%
2023
$2,799
2%
$190,400
3%
2022
$2,755
-12%
$184,800
1%
2021
$3,146
-36%
$182,300
-10%
2020
$4,914
15%
$202,900
10%
2020
$4,268
-6%
$185,200
8%
2018
$4,544
-13%
$171,600
-4%
2017
$5,222
—
$179,400
—
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 Affinity Real Estate Inc.

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122 Main Avenue S, Park Rapids, MN 56470 (MLS# 7089335) is a Commercial property. 122 Main Avenue S is currently listed for $219,000 and was received on June 27, 2026. Want to learn more about 122 Main Avenue S? Do you have questions about finding other Commercial real estate for sale in Park Rapids? You can browse all Park Rapids real estate or contact a Coldwell Banker agent to request more information.

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