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$200,000 Just Listed

  • For Sale
  • Active
  • Business
  • 7,300 Sq. Ft.
  • 0.07 Acres
  • Updated 2 days ago
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What an opportunity to start a business with great income potential while living in one of the apartments. Property definitely needs some TLC and/ or some elbow grease to fulfill your dream of owning your own business.

Full Property Details for 127 1st St S

General

  • Price: $200,000
  • Taxes: $980 (2026)
  • Status: Active
  • Type: Business
  • Source: 1402
  • MLS ID: 6124278
  • Updated: 4/1/2026
  • Added to Site: 3 day(s) ago

Location

  • Area: R
  • County: St. Louis County
  • Driving Directions: From US-53 Take the 2nd Ave W exit and continue on 2nd Ave W Turn Right onto Chestnut St Turn Right onto S 1st Ave W Turn Right onto 1st Ave S too 127 1st St S

School Information

  • High School District: Rock Ridge #2909

Heating & Cooling

  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: City

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick, Wood
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Concrete, Stone
  • Roof: Flat
  • Ceiling Height: Varied Heights
  • Square Feet: 7,300
  • Current Bldg. Use: Residential, Vacant
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Dimensions: 25 x 120
  • Frontage: Paved Road, City Street

Financial Considerations

  • Price Per Sq. Ft.: $27.4
  • Tax Amount: $980
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: LOT 0014 BLOCK 027 VIRGINIA
  • Inclusions: Building, Fixture/Equipment, Land
  • Property ID: 090-0010-06360
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 127 1st St S —

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

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

Price & Sales History for 127 1st St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/01/2026
Listed
$200,000
344.44%
MLS
9/24/2010
Sold
$45,000
—
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 127 1st St S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$866
—
$32,400
-18%
2025
$866
-21%
$39,400
—
2024
$1,102
2%
$39,400
—
2023
$1,082
-5%
$39,400
—
2022
$1,140
-5%
$39,400
-6%
2020
$1,200
-13%
$41,900
-18%
2019
$1,376
1%
$51,400
—
2018
$1,366
-14%
$51,400
—
2017
$1,590
6%
$51,400
—
2016
$1,506
-9%
$51,400
-7%
2015
$1,654
20%
$55,300
14%
2014
$1,374
-10%
$48,600
—
2013
$1,520
—
$48,600
—
View All
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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Recent Sales near 127 1st St S

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Sold by Non-MLS

127 1st St S, Virginia, MN 55792 (MLS# 6124278) is a Business property. 127 1st St S is currently listed for $200,000 and was received on April 01, 2026. This property is listed by Bill Wagner from our Duluth Office.Want to learn more about 127 1st St S? Do you have questions about finding other Business real estate for sale in Virginia? You can browse all Virginia real estate or contact a Coldwell Banker agent to request more information.

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