About 427 3rd Street
This standout 1927 all-brick building delivers the best of both worlds: immediate rental income and a blank canvas to build your business. The main-level commercial space is mid-renovation with new oversized storefront windows and a double-glass entry already installed — all building materials on-site are included, giving you a significant head start on your buildout. Exposed brick walls, open floor plan, and high ceilings create the kind of character perfect for a bakery, café, boutique, or office. While you finish your space, two fully leased 2-bedroom upper apartments generate $1,400/month in income. Highlights: All renovation materials included in sale; New storefront windows & entry doors installed; Two leased 2BR units — $16,800 gross annual income; Solid brick construction | City water & sewer | Central A/C; Prime downtown location next to Wells Fargo; Steps from border crossing, Voyageurs National Park gateway traffic. Buy the building. Collect the rent. Build the business.
Features of 427 3rd Street
| MLS® # | 7079496 |
|---|---|
| Price | $259,900 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Acres | 0.07 |
| Year Built | 1927 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 427 3rd Street |
|---|---|
| Subdivision | International Falls |
| City | International Falls |
| County | Koochiching |
| State | MN |
| Zip Code | 56649 |
Amenities
| Utilities | Electric Separate, Heating Separate, Hot Water Common |
|---|---|
| Parking | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator |
|---|---|
| Heating | Baseboard |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Stone |
|---|---|
| Roof | Flat, Rubber |
| Construction | Brick |
School Information
| District | International Falls |
|---|
Additional Information
| Days on Market | 123 |
|---|---|
| Zoning | Business/Commercial |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Discovery Group, Inc |
|---|