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For Sale:  International Falls MLS# 7079496

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Active NEW!
$259,900
/mo Edit
Commercial:  2 Stories
4 br • 2 ba • Built 1927
0.07 acres
International Falls schools
MLS# 7079496
763-576-8286
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    Property Description

    This standout 1927 all-brick building delivers the best of both worlds: immediate rental income and a blank canvas to build your business. The main-level commercial space is mid-renovation with new oversized storefront windows and a double-glass entry already installed — all building materials on-site are included, giving you a significant head start on your buildout. Exposed brick walls, open floor plan, and high ceilings create the kind of character perfect for a bakery, café, boutique, or office. While you finish your space, two fully leased 2-bedroom upper apartments generate $1, 400/month in income. Highlights: All renovation materials included in sale; New storefront windows & entry doors installed; Two leased 2BR units — $16, 800 gross annual income; Solid brick construction | City water & sewer | Central A/C; Prime downtown location next to Wells Fargo; Steps from border crossing, Voyageurs National Park gateway traffic. Buy the building. Collect the rent. Build the business.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $259,900
    Property Type: Commercial
    City: International Falls
    Garage Spaces: 0
    County: Koochiching
    Year Built: 1927
    State: MN
    Property Style: 2 Stories
    Zip Code: 56649
    Subdivision Name: International Falls

    Interior

    Bedrooms: 4
    Bathrooms: 2
    Flooring: Engineered Hardwood, Tile, Wood
    Refrigerators: Two
    Appliances Included:
    • Range
    • Refrigerator
    Basement Details:
    • Full
    • Partially Finished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 2,150 ft2
    Handicap Accessible: Other
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features: Parking Lot
    Road Frontage: City Street
    Exterior Material: Brick
    Roof Details:
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.07
    Geolocation: 48.602391, -93.406122
    Inclusions: Building, Fixture/Equipment, Leases
    Lot Dimensions: 126' x 25'
    Zoning: Business/Commercial

    Schools

    School District: 361
    District Phone: 2182832571

    Expenses

    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,462
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,624

    Income

    Annual Gross Income: $16,800

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Food Service
    • Office
    • Professional/Office
    • Retail
    • Vacant
    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Discovery Group, Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.