107 Main Avenue S, Park Rapids, MN 56470

$850,000
Property Type: Commercial Bedrooms: 1 Baths: 1 Lot Size (sq. ft.): 17,424 Status: Closed
Current Price: $850,000 Last Modified: 8/07/2025

Overview

Description

Long established historic theatre in downtown Park Rapids. Excellent visibility on the first block of Main Avenue.

Listing Details MLS# 6256120

General Property Information

Comp Sale YN
Yes
Living Area Units
Square Feet
Lot Measurement
Acres
Multiple PIDs?
No
Year Built
1940
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Power Company
Minnesota Power
For Sale or Lease
For Sale
Acres
0.4

Property Features

Accessible: Hallways 42"+; Partially Wheelchair Air Conditioning: Central Air Amenities Shared: Concrete Floors & Walls CMU Style: Business Opportunity Commercial Kitchen Appliances: Fryer; Refrigerator Construction Materials: Brick; Frame; Stone Construction Status: Previously Owned Current Use: Other Existing Financing: Conventional Exterior: Brick/Stone Financing Terms: Conventional Flooring: Carpet Fuel: Electric; Natural Gas Heating: Forced Air Internet Options: Fiber Optic Loan Terms: Cash Location Description: Downtown Miscellaneous Information: 220 Volt On Site Utilities: Heating Common Owner Pays: Cable TV; Electricity; Fuel; Insurance; Janitorial Service; Janitorial Service; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water Parking Characteristics: None Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer Roof: Pitched; Rubber Sewer: City Sewer/Connected Stories: Two Wall Description: Drywall; Finished Water: City Water/Connected

Contract Information

Off Market Date
2022-09-01
Closed Date
2022-09-01
Sales Close Price
850000
Contingency
None
Owner is an Agent?
No

Location Tax and Other Information

House Number
107
Street Name
Main
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Park Rapids
County
Hubbard
State
MN
Zip Code
56470

Lease Details

Land Leased
Not Applicable
Monthly Land Lease Amt
0

Miscellaneous Information

Homestead
Yes
220 Volt
Yes

More Information

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Business, Fixture/Equipment, Inventory

Unit Details

Total Units
Yes

Office/Member Info

MLSID
RMLS

Location, Tax and Other Information

Legal Description
.16 AC PRC ORIGINAL TOWNSITE LOTS 4 & 5 BLK 3
Listing City
Park Rapids
Map Page
999
Rental License?
No
School District
Park Rapids
Map Coordinate Source
RETS
Zip Plus 4
1862
Property ID Number
323701600
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Long established historic theatre in downtown Park Rapids. Excellent visibility on the first block of Main Avenue.
Directions
From Hwys. 71/34 in Park Rapids. 1 block west on Hwy 34 to Main. Left on Main Ave to 107 main.

Accessible

Hallways 42"+
Yes
Partially Wheelchair
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

Concrete Floors & Walls
Yes

Construction Materials

Brick
Yes
Frame
Yes
Stone
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Conventional
Yes

Exterior

Brick/Stone
Yes

Financing Terms

Conventional
Yes

Flooring

Carpet
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

Fiber Optic
Yes

Owner Pays

Cable TV
Yes
Electricity
Yes
Fuel
Yes
Insurance
Yes
Janitorial Service
Yes
Maintenance/Repair
Yes
Snow Removal
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Parking Characteristics

None
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Storm Sewer
Yes

Roof

Pitched
Yes
Rubber
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Wall Description

Drywall
Yes
Finished
Yes

Water

City Water/Connected
Yes

No. of Ranges

One
Yes

No. of Refrigerators

One
Yes

On Site Utilities

Heating Common
Yes

CMU Style

Business Opportunity
Yes

Commercial Kitchen Appliances

Fryer
Yes
Refrigerator
Yes

Current Use

Other
Yes

Loan Terms

Cash
Yes

Location Description

Downtown
Yes
IDX
Listing Office: Unknown Office
Last Updated: August - 07 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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