426 3rd Street, International Falls, MN 56649 (MLS# 7012838)

426 3rd Street, International Falls, MN 56649

$129,000
Property Type: Commercial Bedrooms: 3 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $129,000 List Date: 1/27/2026 Last Modified: 9/04/2026

Overview

Description

Prime downtown commercial building offering 1,892 sq ft of main-floor space with excellent street visibility, ideal for retail, office, or service use, plus three fully rented upper-level apartments providing immediate income; located in a high-traffic area surrounded by established businesses and featuring some off-street parking in the back. This mixed-use property is a rare opportunity for investors or owner-operators seeking both business potential and steady rental revenue.

Listing Details MLS# 7012838

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
4
Owner Occupied
No
Waterfront YN
No
Year Built
1910
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1892
Power Company
Minnesota Power
For Sale or Lease
For Sale
Acres
0.08
Lot Dimensions
25x140
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Shared: Other Appliances: Range; Refrigerator Basement: None CMU Style: Apartments and Retail; Business Opportunity Construction Materials: Brick Construction Status: Previously Owned Current Use: Business Service; Commercial; Other; Residential Exterior: Brick/Stone Foundation: Slab Fuel: Natural Gas Heating: Boiler; Hot Water; Radiant Loan Terms: Cash; Conventional Location Description: Downtown On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: Heat; Insurance; Water Parking Characteristics: Driveway - Shared; Paved Lot; Unassigned Road Responsibility: Public Maintained Road Roof: Flat; Rubber Sewer: City Sewer/Connected Shared Rooms: Other Stories: Two Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
129000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
426
Street Name
3rd
Street Suffix
Street
Postal City
International Falls
County
Koochiching
State
MN
Zip Code
56649
Complex/Dev/Subdivision
International Falls

Assessments

Tax With Assessments
2124

Building Information

Building Finished SqFt
3784

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Land, Leases

Unit 1

Unit Number
Yes
Monthly Rent
700
Total Bedrooms
Yes
Level
2nd Level
Leased?
Yes
Lease Expiration Date
2027-01-01
No. of 1 Bedroom Units
3

Unit 2

Lease Expiration Date
2027-01-01
Leased?
Yes
Level
2nd Level
Monthly Rent
500
Total Bedrooms
Yes
Unit Number
2

Unit 3

Lease Expiration Date
2027-01-01
Leased?
Yes
Level
2nd Level
Monthly Rent
600
Total Bedrooms
Yes
Unit Number
3

Unit 4

Lease Expiration Date
2027-01-01
Leased?
Yes
Level
Main Level
Monthly Rent
900
Unit Number
4

Unit Details

Total Units
4
IDX
Listing Office: Move it Real Estate Group/Lakehomes
Last Updated: September - 04 - 2026
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