# 105 1st Street W, Milaca, MN 56353

> **TL;DR:** commercial, $499,900, built 1900. Est. $2,674/mo. Listed 16 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,900 |
| Year Built | 1900 |
| Lot Size | 1,873 sqft (0.04 acres) |
| Property Type | Commercial (Apartment) |
| Status | Active |
| Days on Market | 16 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,528 |
| Estimated Insurance | $146 |
| **Total** | **$2,674** |

## Property Highlights

- Built in 1900
- 0.04 acre lot

## Description

### Agent Description
Excellent mixed-use investment opportunity in a high-visibility corner location in Milaca! This versatile property combines an established residential income stream with flexible commercial space, offering investors multiple ways to maximize the property's potential. The residential portion features 6 apartments-four 1-bedroom units and two efficiency units-with all six currently leased, providing immediate rental income and an established tenant base. The main-level commercial space has most recently operated as a restaurant and offers excellent visibility and exposure from its prominent corner location. The space provides flexibility for an owner-user or future tenant and could potentially be converted to office, retail, service, or other commercial uses, subject to zoning and applicable approvals. The combination of fully leased residential units and adaptable commercial space creates an attractive opportunity for investors seeking diversified income within a single property. An owner-user could also explore utilizing the commercial portion while retaining the residential units as an income-producing component. With its prominent location, existing rental income, and flexible commercial footprint, this property offers a variety of possibilities for an investor looking to acquire a mixed-use asset with potential for continued income and future value enhancement. Bring your vision and take advantage of the possibilities this property has to offer!

## Location

- **Address:** 105 1st Street W, Milaca, MN 56353
- **County:** Mille Lacs
- **Neighborhood:** First Add To Milaca
- **Coordinates:** 45.754885, -93.651716
- **Google Maps:** https://www.google.com/maps?q=45.754885,-93.651716

## Listing Agent

- **Name:** Douglas A. Seanger
- **Brokerage:** Premier Real Estate Services
- **Phone:** (320) 259-4554
- **Broker Phone:** (320) 259-4554

## Photos

![105 1st Street W - Photo 1](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2436652959r.jpg)

![105 1st Street W - Photo 2](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f3843447011r.jpg)

![105 1st Street W - Photo 3](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2323208384r.jpg)

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![105 1st Street W - Photo 5](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f4150171579r.jpg)

![105 1st Street W - Photo 6](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2300470519r.jpg)

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![105 1st Street W - Photo 9](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f811702994r.jpg)

![105 1st Street W - Photo 10](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f525615933r.jpg)

![105 1st Street W - Photo 11](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f1132814231r.jpg)

![105 1st Street W - Photo 12](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2241772610r.jpg)

![105 1st Street W - Photo 13](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f916799453r.jpg)

![105 1st Street W - Photo 14](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f3945309247r.jpg)

![105 1st Street W - Photo 15](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f1140204136r.jpg)

![105 1st Street W - Photo 16](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f1397710866r.jpg)

![105 1st Street W - Photo 17](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f3224911121r.jpg)

![105 1st Street W - Photo 18](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f486214684r.jpg)

![105 1st Street W - Photo 19](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f3565596481r.jpg)

![105 1st Street W - Photo 20](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f4212419822r.jpg)

![105 1st Street W - Photo 21](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f1049045669r.jpg)

![105 1st Street W - Photo 22](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f991948958r.jpg)

![105 1st Street W - Photo 23](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f4056815429r.jpg)

![105 1st Street W - Photo 24](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2723170056r.jpg)

![105 1st Street W - Photo 25](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2444269436r.jpg)

![105 1st Street W - Photo 26](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f754492228r.jpg)

![105 1st Street W - Photo 27](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f864935361r.jpg)

![105 1st Street W - Photo 28](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2573332878r.jpg)

![105 1st Street W - Photo 29](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f141326114r.jpg)

![105 1st Street W - Photo 30](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f1790344015r.jpg)

![105 1st Street W - Photo 31](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f1438516693r.jpg)

![105 1st Street W - Photo 32](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f60638991r.jpg)

![105 1st Street W - Photo 33](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f3166512215r.jpg)

![105 1st Street W - Photo 34](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f1185576835r.jpg)

![105 1st Street W - Photo 35](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2762847495r.jpg)

![105 1st Street W - Photo 36](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f153216095r.jpg)

![105 1st Street W - Photo 37](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2373155658r.jpg)

![105 1st Street W - Photo 38](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f3072563547r.jpg)

![105 1st Street W - Photo 39](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f1764360717r.jpg)

![105 1st Street W - Photo 40](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2517679101r.jpg)

![105 1st Street W - Photo 41](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f3053450752r.jpg)

![105 1st Street W - Photo 42](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2466489865r.jpg)

![105 1st Street W - Photo 43](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f2240946822r.jpg)

![105 1st Street W - Photo 44](http://lh.rdcpix.com/4c3946c3f6e6f93a79eaa34d83139b48l-f1441728379r.jpg)

---

**MLS#:** 7147300 | **Updated:** 2026-09-21
**Source:** listhub

*Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/105-1st-street-w-milaca-mn-56353-7147300)

---

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    ],
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      {
        "@type": "LocationFeatureSpecification",
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      },
      {
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        "name": "Parking Features",
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      }
    ],
    "additionalProperty": [
      {
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      },
      {
        "@type": "PropertyValue",
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      },
      {
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        "value": "Commercial"
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    ]
  },
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    "url": "https://www.propertysimple.ai/listing/105-1st-street-w-milaca-mn-56353-7147300",
    "price": 499900,
    "priceCurrency": "USD",
    "businessFunction": "http://purl.org/goodrelations/v1#Sell",
    "availability": "https://schema.org/InStock",
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  },
  "provider": {
    "@type": "Person",
    "@id": "https://www.propertysimple.ai/listing/105-1st-street-w-milaca-mn-56353-7147300#agent",
    "name": "Douglas A. Seanger",
    "telephone": "(320) 259-4554",
    "worksFor": {
      "@type": "Organization",
      "@id": "https://www.propertysimple.ai/listing/105-1st-street-w-milaca-mn-56353-7147300#brokerage",
      "name": "Premier Real Estate Services",
      "telephone": "(320) 259-4554"
    }
  }
}
```