1107 1st Street E Park Rapids, MN ^$ 436,500

1107 1st Street E

^$ 436,500

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1107 1st Street E

Park Rapids, MN, 56470

^$ 436,500

Bedrooms-- Baths-- Sq 9,250

Monthly Estimate*

^$ 3,015

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Commercial Property for sale in Park Rapids, MN

for $436,500. This 9,250 square foot building was built in 1950 on a lot size of 1.2.

The possibilities are endless with this 9250 sq ft building. Event center which offer a commercial kitchen, 2 bar areas, 3 his and her restrooms, along with a functionable basement for overflow. The large paved parking lot offers adequate parking for large events or business opportunities. Located on one of the most traveled State Hwy in Park Rapids.

Commercial Active

Price

^$ 436,500

Property Type

Commercial

Taxes

^$ 14,762

Style

Lot Size

1.2

Year Built

1950

Town/City

Park Rapids

County/Region

Hubbard

MLS | Web ID

7060157

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Separate Heating Separate Hot Water Separate

Roof Other Pitched

Garage Spaces 0

Pool Features None

Construction Materials Block

Year Built 1950

Topography Level

Levels Two

Tax Year 2026

Current Use Retail

Gross Income 0

Accessibility Wheelchair Ramp(s)

County Hubbard

Net Operating Income 0

Operating Expense 0

Insurance Expense 0

New Construction N

Property Type Commercial Sale

Contingency None

MaintenanceExpense 0

Possible Use Rest/Lounge Restaurant Lounge/Bar

Directions From the junction of Hwy 71 and 34 go East on 34. Property is on the left or just before Henrietta Ave.

City Park Rapids

High School District Park Rapids

Zoning Description Business/Commercial

Number Of Units Total 1

Lot Size Units Acres

Carport Spaces 0

Land Lease Y/N N

Tax Annual Amount 14762

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Exterior

Parking Features Parking Lot Paved Lot

Water Source City Water/Connected

Inclusions Building

Lot Size Area 1.2

Building Area Total 9250

Lot Dimensions 137x322

Waterfront Y/N N

Foundation Area 9250

Interior

Basement (Y/N) N

Foundation Dimensions 100 x 92.5

Fuel Natural Gas

Internal Only

Street Number 1 1107

* Excluded Features

List By

Patriots Choice Realty

Broker

gmkanten@gmail.com

Affordability Calculator

$4,245

Per Month

Monthly Principal & Interest: $3,015
Monthly Property Taxes: $1,230
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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.

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Nearby

Trends
Schools

Commerical listings in Park Rapids, MN

Average List Price ^$328,612

Percent of Sale Price 25%

About Park Rapids, MN

3,934 Population

12% Since 2002

^$35,932 Median Income

40.71 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709114 Elementary School

709313 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/29/2026	$436,500	-3.00%	Price Down
9/14/2026	$450,000	-13.46%	Price Down
6/23/2026	$520,000	-10.34%	Price Down
6/10/2026	$579,999	-3.33%	Price Down
4/23/2026	$600,000		Listed Price

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1107 1st Street E, Park Rapids, MN, 56470 is a Commercial Property for sale at $436,500 with 9,250 sqft and a lot size of 1.2. 1107 1st Street E was built in 1950. The property's zip code is 56470 which is in Park Rapids, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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 10/16/2026.

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1107 1st Street E

Commercial Property for sale in Park Rapids, MN

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