115 2nd Avenue SW, Milaca, MN 56353

New Listing
$165,000
Property Type: Commercial Lot Size (sq. ft.): 3,920 Status: Active
Current Price: $165,000 List Date: 6/13/2026 Last Modified: 6/13/2026

Overview

Description

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.

Listing Details MLS# 7092499

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2800
For Sale or Lease
For Sale
Acres
0.09
Lot Dimensions
26 x 75
Assessment Pending
No
Other Parking Spaces
0
Garage Stalls
0

Property Features

Accessible: None CMU Style: Apartments and Retail Construction Status: Previously Owned Current Use: Retail Exterior: Block; Brick Veneer Foundation: Brick/Mortar Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Common; Heating Common; Hot Water Common Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
165000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
115
Street Name
2nd
Street Suffix
Avenue
Street Direction Suffix
SW
Postal City
Milaca
County
Mille Lacs
State
MN
Zip Code
56353
Complex/Dev/Subdivision
First Add To Milaca

Assessments

Tax With Assessments
1856
Assessment Balance
0

Building Information

Building Finished SqFt
2800

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
27
Section#
25
Township#
38

Sale Options

Sale Includes
Building, Fixture/Equipment

Unit Details

Total Units
2

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

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
Listing City
Milaca
Map Page
999
Municipality
Milaca
School District
Milaca
School District Phone
320-982-7210
Zip Plus 4
263
Property ID Number
210410380
Tax Year
2026
Tax Amount
1856
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
Central Ave to 1st St W Left to 2nd Ave SW Left to building on Left.

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes
Brick Veneer
Yes

Foundation

Brick/Mortar
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Apartments and Retail
Yes

Current Use

Retail
Yes
IDX
Listing Office: Milaca Realty
Last Updated: June - 13 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.