108 E Main Avenue, Frazee, MN 56544 (MLS# 7131834)

108 E Main Avenue, Frazee, MN 56544

$310,000
Property Type: Commercial Bedrooms: 3 Baths: 3 Square Footage: 4,035 Lot Size (sq. ft.): 17,860 Status: Active
Current Price: $310,000 List Date: 8/22/2026 Last Modified: 8/24/2026

Overview

Description

Mixed-Use Investment Property – Main Ave, Frazee Outstanding investment opportunity in the heart of Frazee! This well-maintained mixed-use building offers a diversified income stream with both residential and commercial tenants in place. The property includes a one-bedroom apartment and a two-bedroom apartment, both currently leased, along with a commercial space currently occupied by a restaurant tenant. A fourth unit — unfinished and ready to be built out as additional office or apartment space — offers exciting upside potential for a buyer looking to add value. Situated on Main Ave with excellent road frontage and convenient side street parking, this property benefits from strong visibility and accessibility. Numerous updates have been completed throughout, including improvements to the commercial space and both residential apartments. Two unfinished basement areas provide ample utility and storage space. Sold with two parcels included, and no special assessments — a clean ...

Listing Details MLS# 7131834

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
3
Owner Occupied
No
Waterfront YN
No
Year Built
1944
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Residential-Multi-Family
Foundation Size
3482
For Sale or Lease
For Sale
Acres
0.41
Lot Dimensions
.41 acres
Assessment Pending
No

Property Features

Accessible: Other Air Conditioning: Wall Unit(s) Basement: Concrete Block; Partial; Storage Space; Unfinished CMU Style: Apartments and Retail; Business Opportunity; Office; Storage Unit Construction Materials: Frame Construction Status: Previously Owned Current Use: Commercial; Residential; Restaurant Exterior: Steel Siding Foundation: Combination; Other Fuel: Electric; Natural Gas Heating: Baseboard; Boiler; Hot Water; Radiant Loan Terms: Cash; Conventional On Site Utilities: Electric Separate Parking Characteristics: Parking Lot; Gravel Lot; Units Vary Road Frontage: City Street Sewer: City Sewer/Connected Stories: One Wall Description: Drywall; Finished Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
310000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
108
Street Direction Prefix
E
Street Name
Main
Street Suffix
Avenue
Postal City
Frazee
County
Becker
State
MN
Zip Code
56544
Complex/Dev/Subdivision
Amended Plat/Frazee City

Additional Parcels Information

Property ID #2
500049001

Assessments

Assessment Balance
65
Tax With Assessments
2912

More Information

Basement

Foundation Dimensions
59x71

Building Information

Building Finished SqFt
3482
Building SqFt
4035

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
40
Section#
35
Township#
138

Sale Options

Sale Includes
Building, Land, Leases

Unit 1

Unit Number
Yes
Half Baths
Yes
Total Bathrooms
Yes
Total Rooms
4
Level
Main Level
Unit Total SqFt
1326
Leased?
Yes
Lease Expiration Date
2027-05-31
No. of 1 Bedroom Units
Yes

Unit 2

No. of 2 Bedroom Units
Yes
Lease Expiration Date
2027-05-31
Leased?
Yes
Level
Main Level
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Total Rooms
5
Unit Number
2
Unit Total SqFt
870

Unit 3

Full Baths
Yes
Lease Expiration Date
2027-05-31
Leased?
Yes
Level
Main Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
5
Unit Number
3
Unit Total SqFt
840

Unit 4

Leased?
No
Level
Main Level
Total Rooms
4
Unit Number
4
Unit Total SqFt
454

Unit Details

Total Units
4
IDX
Listing Office: Counselor Realty Detroit Lakes
Last Updated: August - 24 - 2026
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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Search powered by FBS Products