Affinity Real Estate in Park Rapids
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MLS 6727548
Commercial

$495,000

122 Monroe W Avenue
Mahnomen MN 56557
Discover the potential of this updated approx. 6,000 square foot commercial property in the heart of downtown Mahnomen. Conveniently located near the school, government offices, hospital, and businesses. Split into two functional units, this building offers exceptional flexibility for entrepreneurs, investors, or community-focused businesses or non-profits. Unit 1 (approx. 1,200 sq ft): A charming space ideal for a coffee shop, bakery, boutique retail, floral shop, deli, nail/hair salon, service business or office space. High visibility and great street presence make it perfect for drawing in foot traffic. Unit 2 (approx. 5,000 sq ft): A spacious, open-layout area well-suited for an event center, fitness studio, community gathering space, indoor market /maker space, antique mall, furniture store, after school space, daycare, or large retail concept. This unit previously housed a bar and commercial kitchen, offering the opportunity to rebuild or repurpose for food-related uses. Updates include a newly coated rubber roof. 24kW rooftop solar array reduces your operating costs with renewable energy. New plumbing lines, on demand hot water, and fixtures. New electrical panels, lines, and fixtures. New HVAC with energy efficient mini splits, gas boiler, and radiant. Newly renovated bathrooms. Whether you're launching a new venture or expanding your existing business, this building is packed with value and potential. Priced below recent appraised value – instant equity and a rare opportunity for savvy buyers. Owner/agent.

Additional Details

Year Built: 1946
Acres: 0.16 Acres
Lot Dimensions: 51x135
School District: 432
Subdivision: Original Townsite
County: Mahnomen
Taxes: $2,116
Taxes with Assessments: $2,116
Tax Year: 2024
CurrentUse: Vacant

Additional Features

Fuel: Natural Gas, Solar
Sewer: City Sewer/Connected
Water: City Water/Connected
Air Conditioning: Ductless Mini-Split
Roof: Age Over 8 Years, Flat, Rubber

Listing Status

Active
2025-05-29 07:57:37 Date Listed
2025-05-29 07:57:37 Last Update
2025-05-29 07:57:37 Last Photo Update

Listed by Greenlaw Realty

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Affinity Real Estate Inc
600 Park Avenue South / PO Box 512
Park Rapids, MN 56470

218-237-3333

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Affinity Real Estate in Park Rapids
MAIN MENU   |   COMMERCIAL  |  6727548