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$249,900
/mo Edit
Commercial:  Apartments/Retail
Built 1912
0.42 acres
Littlefork-Big Falls schools
MLS# 6697568
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    Property Description

    Own a Piece of Big Falls History â?? Historic Big Falls Mercantile. Hereâ??s your opportunity to own a thriving small-town business thatâ??s so much more than a storeâ??itâ??s a vital hub in the heart of Big Falls, Minnesota. Built in 1912, the building still features the original pressed tin siding and ceilings as well as the charm of the original wood floors. The Big Falls Mercantile is a well-established, multi-use property that serves as the townâ??s only grocery store within a 20-mile radius and also operates as a hardware store, propane exchange and fill station, general store, and rental property. Strategically located near the scenic Bigfork River, this property sees steady local and tourist traffic. From outdoor enthusiasts coming to explore the areaâ??s renowned ATV and horseback trails, to campers and paddlers looking to rent a canoe or kayakâ??this business is positioned to serve them all. The Mercantile features: Retail storefront with hardware, outdoor gear, groceries, gifts, and souvenirs; Propane exchange and fill station; Canoe and kayak rentals for river adventurers. Upstairs there are 6 apartments offering 1- and 2-bedroom furnished units. There is additional space for expanded retail use. The Big Falls Mercantile isnâ??t just a businessâ??itâ??s a cornerstone of the community and an exciting opportunity for anyone looking to invest in a lifestyle and a legacy. Whether you're an entrepreneur, investor, or someone seeking a change of pace in a welcoming small townâ??this is your chance to make a lasting impact in beautiful Big Falls, MN. (NOTE: although the grocery business is not a part of this listing a possible negotiation can be made for it)

    Listing

    Contingency: None
    City: Big Falls
    County: Koochiching
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 56627
    Subdivision Name: Robinsons & Swedbacks Add To Big Falls

    Interior

    Ceiling Height: 16-20
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Appliances Included:
    • Range
    • Refrigerator

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Window Unit(s)
    Foundation Size: 9,600 ft2
    Foundation Dimensions: 100x49
    Handicap Accessible: None
    Heating System:
    • Other
    • Outdoor Boiler
    Parking Features: Parking Lot
    Shared Amenities: Coin-op Laundry Owned
    Road Frontage: City Street
    Exterior Material: Metal Siding
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 0.42
    Geolocation: 48.191166, -93.804792
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
    Lot Dimensions: 136 x 165
    Addl Parcels: 9101209130
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Schools

    School District: 362
    District Phone: 218-278-6614

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,460
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $1,460

    Units

    Total Units: 6

    Miscellaneous

    Current Use:
    • Commercial
    • Other
    • Retail
    Fuel System:
    • Electric
    • Oil
    • Propane
    • Wood
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected

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    Payment:  /mo

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.