127 Park Avenue SW, Silver Lake, MN 55381
New Listing
$1,200,000
Property Type:
Commercial
Bedrooms:
14
Baths:
12
Lot Size (sq. ft.):
69,260
Status:
Active
Current Price:
$1,200,000
List Date:
10/02/2026
Last Modified:
10/02/2026
Overview
Description
Listing Details MLS# 7134909
General Property Information
- Lot Measurement
- Acres
- Management Company Name
- White Companies, Inc.
- Multiple PIDs?
- No
- Other Parking Spaces
- 12
- Owner Occupied
- No
- Road Btwn WF & Home?
- No
- Waterfront Frontage
- 256
- Waterfront YN
- Yes
- Year Built
- 1984
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 9537
- Garage Stalls
- 4
- Lake/Waterfront Name
- Silver
- Management Company Phone
- 320-587-4000
- Power Company
- Xcel Energy
- For Sale or Lease
- For Sale
- Acres
- 1.59
- Lot Dimensions
- 256 x 370
- Assessment Pending
- Yes
Property Features
Accessible:
Door Lever Handles; Doors 36"+; Grab Bars In Bathroom; Hallways 42"+; No Stairs External; No Stairs Internal
Air Conditioning:
Wall Unit(s)
Amenities Shared:
Coin-op Laundry Owned; Security Building
Appliances:
Dryer; Range; Refrigerator; Washer
Assumable Loan:
Not Assumable
CMU Style:
Apartments/Multi Family
Construction Materials:
Frame
Construction Status:
Previously Owned
Current Use:
Residential
Existing Financing:
Conventional
Exterior:
Vinyl
Flooring:
Carpet; Luxury Vinyl Plank; Vinyl/Linoleum
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Boiler
Internet Options:
Cable
Loan Terms:
Cash; Conventional
Location Description:
Downtown
Lot Description:
Accessible Shoreline; Tree Coverage - Medium
On Site Utilities:
Electric Common; Electric Separate; Heating Common; Hot Water Common
Owner Pays:
Gas; Grounds Care; Heat; Hot Water; Insurance; Lawn; Lawn; Maintenance/Repair; Management; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Characteristics:
Parking Lot; Garage Door Opener
Rental License Type:
Other
Road Frontage:
City Street
Road Responsibility:
Public Maintained Road
Roof:
Age Over 8 Years; Asphalt Shingles
Sewer:
City Sewer/Connected
Shared Rooms:
Community Room; Other
Stories:
One
Tenant Pays:
Electricity
Wall Description:
Drywall; Finished
Water:
City Water/Connected
Waterfront Type:
Lake Front
Waterfront View:
Lake
Window Features:
Double Pane Windows; Screens
Contract Information
- Contingency
- None
- ListPrice
- 1200000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 127
- Street Name
- Park
- Street Suffix
- Avenue
- Street Direction Suffix
- SW
- Postal City
- Silver Lake
- County
- McLeod
- State
- MN
- Zip Code
- 55381
Assessments
- Assessment Balance
- 12480
- Tax With Assessments
- 11578
Building Information
- Building Finished SqFt
- 9537
More Information
Income and Expenses
- Annual Electric Expense
- 3159.05
- Annual Fuel Expense
- 2772.14
- Annual Gross Expenses
- 43409.2
- Annual Gross Income
- 103845
- Annual Insurance Expense
- 10368
- Annual Net Income
- 60435.8
- Annual Trash Expense
- 2944.81
- Annual Water/Sewer Expense
- 4650.65
Lake Details
- Lake Acres
- 500
- Lake Depth
- 6
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 28
- Section#
- 33
- Township#
- 117
Sale Options
- Sale Includes
- Building, Fixture/Equipment, Leases, Rental License
Unit 1
- Unit Number
- Yes
- Monthly Rent
- 950
- Full Baths
- Yes
- Total Bathrooms
- Yes
- Total Bedrooms
- 2
- Level
- Main Level
- Unit Total SqFt
- 900
- Leased?
- Yes
- Lease Expiration Date
- 2026-06-30
- No. of 1 Bedroom Units
- 10
Unit 10
- Full Baths
- Yes
- Lease Expiration Date
- 2026-09-30
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 750
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 10
- Unit Total SqFt
- 585
Unit 11
- Full Baths
- Yes
- Lease Expiration Date
- 2026-03-15
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 750
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 11
- Unit Total SqFt
- 585
Unit 12
- Full Baths
- Yes
- Lease Expiration Date
- 2026-06-30
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 900
- Total Bathrooms
- Yes
- Total Bedrooms
- 2
- Unit Number
- 12
- Unit Total SqFt
- 900
Unit 2
- No. of 2 Bedroom Units
- 2
- Full Baths
- Yes
- Lease Expiration Date
- 2026-09-30
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 750
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 2
- Unit Total SqFt
- 585
Unit 3
- Full Baths
- Yes
- Lease Expiration Date
- 2026-05-31
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 850
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 3
- Unit Total SqFt
- 585
Unit 4
- Full Baths
- Yes
- Lease Expiration Date
- 2026-06-30
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 750
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 4
- Unit Total SqFt
- 585
Unit 5
- Full Baths
- Yes
- Lease Expiration Date
- 2026-06-30
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 750
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 5
- Unit Total SqFt
- 585
Unit 6
- Full Baths
- Yes
- Lease Expiration Date
- 2026-08-31
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 750
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 6
- Unit Total SqFt
- 585
Unit 7
- Full Baths
- Yes
- Lease Expiration Date
- 2026-06-30
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 800
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 7
- Unit Total SqFt
- 585
Unit 8
- Full Baths
- Yes
- Lease Expiration Date
- 2026-09-30
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 700
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 8
- Unit Total SqFt
- 585
Unit 9
- Full Baths
- Yes
- Lease Expiration Date
- 2026-04-30
- Leased?
- Yes
- Level
- Main Level
- Monthly Rent
- 750
- Total Bathrooms
- Yes
- Total Bedrooms
- Yes
- Unit Number
- 9
- Unit Total SqFt
- 585
Unit Details
- Total Units
- 12
Listing Office:
White Companies, Inc
Last Updated: October - 02 - 2026
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