875 7th Street Sw, Pine City, MN 55063
Local realty services provided by:ERA Viking Realty
875 7th Street Sw,Pine City, MN 55063
$299,000
- 1 Beds
- 3 Baths
- 3,000 sq. ft.
- Multi-family
- Pending
Listed by: amy ranae dills
Office: brick & banister real estate
MLS#:7096034
Source:NSMLS
Price summary
- Price:$299,000
- Price per sq. ft.:$87.94
About this home
Right off I-35 in Pine City, this mixed-use building is already generating income and still has room to run. At $299,000 with a fully occupied gross monthly income of $5,300, the math works.
The main level offers a professionally finished commercial suite with a lobby, three private offices, and a large gathering room that flexes well for meetings, classes, training, or events. One commercial tenant is already in place, with remaining office and gathering space ready for a new occupant. Office suites lease at $600/month and the gathering room at $1,800/month. The lower level includes a clean, updated one-bedroom apartment currently vacant and ready to rent at approximately $1,100/month, plus an unfinished area with real potential: convert it to a second apartment and add another income stream, or finish it as additional commercial space. Two private garages complete the picture, one currently rented at $300/month, one available.
The lot parks 12 cars, and the location is walkable to nearby businesses and amenities, which matters for any commercial tenant bringing clients or staff through the door daily.
This works for the business owner who wants a professional home base and wants the building to help pay for itself, and it works equally well for the cash flow investor ready to lease the full commercial level and let the numbers do the work. The layout supports both strategies and the upside on that unfinished lower level is real.
The seller is open to creative financing and willing to carry a portion, which makes an already accessible price point even more flexible. Well maintained, updated throughout, and priced to move....
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Home facts
- Year built:1971
- Subdivision & Development:Aud Sub
- Listing ID #:7096034
- Added:104 day(s) ago
- Updated:October 04, 2026 at 08:15 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:3
- Basement:Yes
- Basement Description:Daylight / Lookout Windows, Egress Window(s), Sump Pump
- Living area:3,000 sq. ft.
Heating and cooling
- Heating:Baseboard, Forced Air
Structure and exterior
- Year built:1971
- Building area:3,000 sq. ft.
- Lot area:0.32 Acres
- Levels:1 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$299,000
- Price per sq. ft.:$87.94
- Tax amount:$5,390 (2026)
Parking
- Parking description:Asphalt, Detached Garage, Guest Parking, Parking Lot
- Garage:Yes
- Garage spaces:2
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