$259,900
427 3rd Street International Falls, MN 56649
For Sale MLS# 7079496
Other
Details for 427 3rd Street
MLS# 7079496
Description for 427 3rd Street, International Falls, MN, 56649
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.
Listing Information
Property Type: Commercial
Status: Active
Bedrooms: 4
Bathrooms: 2
Lot Size: 0.07 Acres
Square Feet: 4,300 sq ft
Year Built: 1927
Foundation: 2,150 sq ft
Stories: 2 Stories
Subdivision: International Falls
Number Of Units Total: 2
Current Use: Business Service,Food Service,Office,Retail,Vacant
County: Koochiching
Days On Market: 15
Construction Status: Previously Owned
School Information
District: 361 - International Falls
Interior Features
Appliances: Range, Refrigerator
Flooring: Engineered Wood,Tile,Wood
Basement: Partial Finished, Full
Accessibility: Other
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Common
Cooling: Central
Heating: Baseboard, Electric
Exterior / Lot Features
Open Parking: 2
Parking Description: Parking Lot
Exterior: Brick/Stone
Roof: Flat, Rubber
Lot Dimensions: 126' x 25'
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building,Fixture/Equipment,Leases, Road Frontage - City
Driving Directions
From Hwy 11 - turn North to 2nd Ave - West to 3rd Street (Great Tiver Rd) to the property on left
Financial Considerations
Tenant Pays: All Utilities
Gross Income: 16800
Tax/Property ID: 9200618060
Tax Amount: 2462
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Discovery Group, Inc
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 427 3rd Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 427 3rd Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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