226 Central Avenue, Osakis, MN 56360

$110,000
Property Type: Commercial Lot Size (sq. ft.): 3,049 Status: Active
Current Price: $110,000 List Date: 1/26/2026 Last Modified: 4/05/2026

Overview

Description

This versatile 2,142 square foot commercial space is located in downtown Osakis, offering excellent visibility/accessibility. Positioned around nearby shops, dining, and local services, the property benefits from steady foot traffic and a strong small-town business community. Its central location makes it an attractive option for professionals, entrepreneurs, or investors looking to establish or expand a presence in downtown Osakis. The interior space is divided into six private units, two of which are currently leased at $450 per month. Each unit is well-suited for individual offices, treatment rooms, small retail or service-based operations. This configuration allows for multiple tenants, providing a diversified rental income opportunity for an owner or investor. A shared common area with 1/2 bath connects the private units and enhances the overall usability of the property. This communal space can serve as a welcoming reception area or waiting room adding value for tenants and their clients alike. Take advantage of no interior support walls making this property extremely easy to customize and fit your needs. The full basement adds another bonus for personal storage or more income potential. This is a your chance to own a flexible, income-producing commercial space in the center of Osakis.

Listing Details MLS# 7011820

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
2
Owner Occupied
No
Waterfront Present
No
Year Built
1950
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1071
For Sale or Lease
For Sale
Acres
0.07
Lot Dimensions
132x26x132x26
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air Basement: Concrete Block; Full; Poured Concrete CMU Style: Business Opportunity; Office; Retail/Shopping Center Construction Materials: Block; Concrete Construction Status: Previously Owned Current Use: Beauty/Barber Shop; Business Service; Commercial Exterior: Block; Metal Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Location Description: Downtown On Site Utilities: Electric Common; Heating Common; Hot Water Common Owner Pays: All Utilities Parking Characteristics: Gravel Lot Road Responsibility: Public Maintained Road Roof: Metal Sewer: City Sewer/Connected Stories: One Tenant Pays: All Utilities Water: City Water/Connected

Contract Information

Contingency
Subject to Financing
ListPrice
110000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
226
Street Name
Central
Street Suffix
Avenue
Postal City
Osakis
County
Douglas
State
MN
Zip Code
56360
Complex/Dev/Subdivision
Original Osakis

Assessments

Assessment Balance
2044.43
Tax With Assessments
1924

Basement

Foundation Dimensions
51x21
Concrete Block
Yes
Full
Yes
Poured Concrete
Yes

More Information

Building Information

Building Finished SqFt
1071
Building SqFt
2142

Income and Expenses

Annual Gross Expenses
4056
Annual Gross Income
10800

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
36
Section#
25
Township#
128

Sale Options

Sale Includes
Building, Land, Leases

Unit 1

Unit Number
Yes
Monthly Rent
450
Total Rooms
Yes
Level
Main Level
Unit Total SqFt
137
Leased?
Yes
Lease Expiration Date
2027-03-15

Unit 2

Lease Expiration Date
2026-02-28
Leased?
Yes
Level
Main Level
Monthly Rent
450
Total Rooms
Yes
Unit Number
2
Unit Total SqFt
113

Unit Details

Total Units
6

Office/Member Info

Association
GAAAR

Location, Tax and Other Information

Legal Description
SEC-25 TWP-128 RANG-36 ORIGINAL OSAKIS N 29' OF S 95' OF LOTS 5 & 6 EX N 3'6" BLK 2
Listing City
Osakis
Map Page
999
Municipality
Osakis
School District
Osakis
School District Phone
320-859-2191
Zip Plus 4
11
Property ID Number
930058000
Tax Year
2025
Tax Amount
1924
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This versatile 2,142 square foot commercial space is located in downtown Osakis, offering excellent visibility/accessibility. Positioned around nearby shops, dining, and local services, the property benefits from steady foot traffic and a strong small-town business community. Its central location makes it an attractive option for professionals, entrepreneurs, or investors looking to establish or expand a presence in downtown Osakis. The interior space is divided into six private units, two of which are currently leased at $450 per month. Each unit is well-suited for individual offices, treatment rooms, small retail or service-based operations. This configuration allows for multiple tenants, providing a diversified rental income opportunity for an owner or investor. A shared common area with 1/2 bath connects the private units and enhances the overall usability of the property. This communal space can serve as a welcoming reception area or waiting room adding value for tenants and their clients alike. Take advantage of no interior support walls making this property extremely easy to customize and fit your needs. The full basement adds another bonus for personal storage or more income potential. This is a your chance to own a flexible, income-producing commercial space in the center of Osakis.
Directions
From E Nokomis St turn North onto Central Ave. Continue for 60 feet, Property is on your left.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Construction Materials

Block
Yes
Concrete
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes
Metal
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Owner Pays

All Utilities
Yes

Parking Characteristics

Gravel Lot
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Metal
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Tenant Pays

All Utilities
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Business Opportunity
Yes
Office
Yes
Retail/Shopping Center
Yes

Current Use

Beauty/Barber Shop
Yes
Business Service
Yes
Commercial
Yes

Location Description

Downtown
Yes
Listing Office: Hetland Realty, LLC
IDX
Last Updated: April - 05 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.