115 1st W Street, Milaca, Minnesota 56353

MN, Milaca
$215,000
  • Commercial Sale Property Type
  • 1909 Year Built
  • Pending Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Downtown Milaca Gem – Live, Work & Invest All in One!
Welcome to 115 1st Street W, a rare opportunity in the very heart of Milaca’s thriving downtown. This 3,200 sq. ft. mixed-use property combines prime visibility with built-in income — the perfect setup for entrepreneurs and investors alike. The Commercial Space: The main level is wide open and ready for your vision. Flooded with natural light from two large street-facing windows, it’s the perfect blank canvas for your storefront, office, boutique, or studio. Maximum exposure, endless potential. The Residences: A spacious 3-bedroom, 1-bath apartment upstairs, perfect for steady rental income or even owner occupancy. A convenient efficiency apartment on the lower level, also income-producing. Both units are currently occupied with month-to-month tenants, giving you instant cash flow and the flexibility to adjust as you wish. Key Highlights: New A/C unit installed in 2024, vibrant downtown location with excellent foot traffic, live where you work, or let your tenants cover your mortgage and multiple income streams make this property one smart investment!
This is more than just real estate — it’s a built-in business plan waiting for the right buyer. With the commercial space ready for your vision and tenants already in place, opportunities like this don’t come around often. Don’t miss your chance to own a piece of downtown Milaca.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6794123
  • Price: $215,000
  • Year Built: 1909
  • Listing Status: Pending
  • Office Name: Century 21 Moline Realty Inc
  • Property Sub Type: Mixed Use
  • Roof: Rubber,Pitched,Age Over 8 Years
Features
  • Heating System Forced Air,Baseboard
  • Cooling System Central Air
  • Basement Full,Concrete,Unfinished
  • Parking Open,Unassigned
  • Utilities Heating Common,Hot Water Common
  • Sewer City Sewer/Connected
Appliances
  • Cooktop
  • Dryer
  • Refrigerator
  • Washer
  • Range
Address Map
  • Country US
  • State MN
  • County Mille Lacs
  • City Milaca
  • Zipcode 56353
  • Street: 1st
  • Street Number: 115
  • Street Suffix: Street
  • Directions: From Mille Lacs County Sheriff's Office Head toward 7th Ave SE on 3rd St SE. Go for 463 ft. Turn right onto Hwy 23 E (MN-23). Go for 0.5 Mi. Turn on Central Ave S (CR-36) Go for 0.3 mi. Turn left onto 1st St SW. Go for 69 ft. End at 115 1st St SW, Milaca. Minnesota 56353-1011
  • Street Dir Suffix: W
Neighborhood
  • High School District: Milaca
MLS Addon
  • Office Name: Century 21 Moline Realty Inc
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 3200
  • Construction Materials: Brick/Stone
  • Current Use: Residential,Commercial
  • Lot Size Dimensions: 25x77x20x6x4x10x68
  • Number Of Units Total: 3
Financial
  • Tax Annual Amount: 1597
Listing Information
  • List Agent Mls Id: 502052899
  • List Office Mls Id: 5489
  • Modification Timestamp: 2025-11-19T15:45:03Z
  • Originating System Name: NorthStar
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