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Active NEW!
$159,900
/mo Edit
Commercial:  2 Stories
3 br • 2 ba • Built 1890
0.035 acres
Osakis schools
MLS# 7139798
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    Property Description

    Opportunity meets flexibility in the heart of downtown Osakis! This mixed-use commercial building offers an exciting combination of business, investment, and residential possibilities. The renovated main floor is ready to go and lends itself beautifully to professional offices, a salon, boutique, retail space, studio, or a variety of other business ventures. An additional unfinished main-floor area provides plenty of room for future expansion or convenient storage. With its own separate entrance, it could remain independent or simply open up the wall to connect the spaces. Upstairs, you’ll find a spacious three-bedroom apartment complete with a large private deck—creating a unique opportunity to run your business downstairs and live just steps away, or make the upper level your home while generating rental income from the commercial space below. Investors may also appreciate the potential for multiple income streams under one roof. Convenient on-street parking serves the property, plus three designated parking spaces in the rear provide additional off-street parking. A new rubber membrane roof adds an important recent improvement to this versatile property. Whether you're an entrepreneur looking for a place to bring your vision to life, an owner-occupant wanting to combine home and business, or an investor searching for a downtown property with multiple possibilities, this could be the opportunity you've been waiting for. An entrepreneur’s dream in downtown Osakis! See the two 3D tours of retail and apartment.

    Listing

    Contingency: None
    City: Osakis
    County: Douglas
    State: MN
    Property Style: 2 Stories
    Zip Code: 56360
    Subdivision Name: Original Osakis

    Interior

    Refrigerators: One
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Window Unit(s)
    Foundation Size: 2,464 ft2
    Foundation Dimensions: 1232
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Assigned
    Road Frontage: City Street
    Exterior Material: Brick
    Roof Details:
    • Age 8 Years or Less
    • Rubber

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.035
    Geolocation: 45.86794, -95.151475
    Inclusions: Building
    Lot Dimensions: 70 x 22
    Zoning: Business/Commercial

    Schools

    School District: 213
    District Phone: 3208592191

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,112
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,112

    Units

    Total Units: 2

    Miscellaneous

    Current Use: Vacant
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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    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 Kvale Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.