701 Main Avenue S Red Lake Falls, MN ^$ 350,000

701 Main Avenue S

^$ 350,000

Back to search

701 Main Avenue S

Red Lake Falls, MN, 56750

^$ 350,000

Studio Baths0.0 Sq 5,024

Monthly Estimate*

^$ 2,445

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 1

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 2

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 3

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 4

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 5

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 6

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 7

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 8

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 9

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 10

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 11

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 12

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 13

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 14

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 15

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 16

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 17

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 18

701 Main Avenue S, Red Lake Falls, MN 56750 - Image 19

Studio

Commercial Property for sale in Red Lake Falls, MN

for $350,000. This 5,024 square foot building was built in 1983 on a lot size of 1.15.

Great business opportunity! Currently operating as Triangle Tire Sales & Auto Service with a shop that has 3 overhead doors and a total of 3,216 sq ft plus 912 ft of cold storage. There is an office, 2 bathrooms and reception area for the current business. Another new 16x24 office was added in 2020 - with enough lot space that could be used for used car/equipment sales or another side business.

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,580

Style

Lot Size

1.15

Year Built

1983

Town/City

Red Lake Falls

County/Region

Red Lake

MLS | Web ID

6467395

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling None

Utilities Electric Common Hot Water Common

Roof Metal

Appliances Electric Water Heater Fuel Tank - Owned Refrigerator

Garage Spaces 3

Construction Materials Steel Siding

Year Built 1983

Levels One

Property SubType Other

Tax Year 2023

Current Use Automotive Commercial

Accessibility Doors 36 +

County Red Lake

Property Type Commercial Sale

Contingency None

Subdivision Name Rlf-C&D Add

Directions 701 Main Ave S Red Lake Falls MN 56750

City Red Lake Falls

Buyer Agent Compensation 2.75

High School District Red Lake Falls

Zoning Description Business/Commercial

Total Units 1

Street Name Main

Land Lease Y/N N

Tax Annual Amount 2580

Additional Parcels Y/N N

Days on Market 104

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Concrete Wood

Basement (Y/N) Y

Street Suffix Avenue

Fuel Oil Propane

Exterior

Parking Features Guest Parking

Lot Features Irregular Lot

Water Source City Water/Connected

Inclusions Building Business Assets Business Fixture/Equipment Inventory Land

Lot Size Area 1.15

Building Area Total 5024

Lot Dimensions IRRG

Lot Size Units Acres

Foundation Area 5024

Road Frontage Type County Road Highway

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 701

* Excluded Features

List By

Leblanc Realty

Broker

sherry@leblancrealty.com

Affordability Calculator

$2,660

Per Month

Monthly Principal & Interest: $2,445
Monthly Property Taxes: $215
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Red Lake Falls, MN

Average List Price ^$350,000

Percent of Sale Price 0%

About Red Lake Falls, MN

1,462 Population

-6% Since 2002

^$51,631 Median Income

43.38 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3226701 Elementary School

3226702 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/20/2024	$350,000	-4.11%	Price Down
12/8/2023	$365,000		Listed Price

Map

More homes like this one

homes for you

See all

701 Main Avenue S, Red Lake Falls, MN, 56750 is a Commercial Property for sale at $350,000 with 5,024 sqft and a lot size of 1.15. 701 Main Avenue S is a studio with 0.0 baths and was built in 1983. The property's zip code is 56750 which is in Red Lake Falls, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

701 Main Avenue S

Commercial Property for sale in Red Lake Falls, MN

Affordability Calculator

Map

More homes like this one

Get more info about this home