For Sale: Big Falls MLS# 6697568
Active
$249,900
Commercial: Apartments/Retail
Built 1912
0.42 acres
Littlefork-Big Falls schools
MLS# 6697568

Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
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
Listing Status:
Active
Contingency:
None
List Price:
$249,900
Property Type:
Commercial
City:
Big Falls
Garage Spaces:
0
County:
Koochiching
Year Built:
1912
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
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of United Country Bold North.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.