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Active NEW!
$235,000
/mo Edit
Commercial:  1 Story
Built 1920
0.086 acres
MLS# 7031727
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    Property Description

    Exceptional mixed-use property offering rare versatility for the right buyer. The owner-built residence features a separate back entry, spacious living/dining room, large primary bedroom with walk-in closet, light and bright Ikea kitchen with ample storage, flexible office or guest room, cozy den, 3/4 bath with double sinks, additional walk-in closet and storage room, and single-car garage. The 1, 200 sq ft commercial space on prime 4th Street includes large display window, two public entrances, office, 1/2 bath, checkout counter, shelving, display areas with humidor, and proven retail functionality. Live on-site while operating the business, rent the residential area for income, split the space into two independent businesses, or expand residential footprint—the architectural flexibility supports multiple visions. This property requires in-house financing or cash purchase; seller will not consider contract for deed. Ideal for entrepreneurs launching a retail business, owner-operators seeking live-work space, investors looking for multi-income potential, or small business owners needing affordable, turnkey commercial space with professional living quarters. A rare opportunity combining residential comfort with established commercial viability in a welcoming small-town setting.

    Listing

    Contingency: None
    City: Moose Lake
    County: Carlton
    State: MN
    Property Style: 1 Story
    Zip Code: 55767

    Interior

    Ceiling Height: Varied Heights
    Refrigerators: One
    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Trash Compactor
    • Washer
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Dimensions: 20 x 22
    Garage Size: 440 ft2
    Air Conditioning: Central Air
    Foundation Size: 2,728 ft2
    Foundation Dimensions: 22 x 124
    Handicap Accessible: No Stairs External, No Stairs Internal
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Garage Door Opener
    • Open
    Road Frontage: City Street
    Exterior Material:
    • Brick
    • Frame
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Metal

    Lot & Land

    Acres: 0.086
    Geolocation: 46.453833329, -92.7609318712
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 25 x 150
    Zoning:
    • Business/Commercial
    • Residential-Single Family

    Schools

    School District: 2347
    District Phone: 2184854435

    Expenses

    Annual Electric Expense: $2,400
    Annual Fuel Expense: $2,400
    Annual Water/Sewer Expense: $720

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,120
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,218

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Vacant
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer - In Street
    Available Utilities:
    • Electric Separate
    • Heating Common
    Water System: City Water - In Street
    Power Company Name: Moose Lake Power

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of NextHome Perrine & Associates Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.