This property offers a unique investment opportunity on the Partridge River in Aldrich, though it requires substantial renovations. Originally a popular restaurant, the building has been repurposed into an apartment complex. The property also includes three spacious attached garages, ideal for storage or additional rental options once renovated.
What makes this property even more appealing is the extra lot included in the sale, providing further possibilities for development or additional parking. It’s conveniently located right off of Highway 210, offering easy access to local amenities while maintaining a peaceful, private setting. Whether you're an investor with a vision for revitalizing the space or someone looking for a mi?xed-use property, this opportunity offers substantial potential. Don't miss your chance to own this one-of-a-kind property!
Closed
$90,000
101 1st Ave NW, Aldrich, MN 56434
5beds
3baths
1,764sqft
Other
Built in 1940
-- sqft lot
$-- Zestimate®
$51/sqft
$1,803 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,803/mo
Zestimate® history
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$458/mo
Est. payment
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List your homeWhat's special
Partridge riverSpacious attached garages
Zillow last checked:
Listing updated:
Listed by:
Shanna Perez-Davis 218-820-4426,
LPT Realty, LLC,
Breanne McCafferty 303-947-0501
Bought with:
Shanna Perez-Davis
LPT Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6638557
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Other
Interior area
- Total structure area: 1,764
- Total interior livable area: 1,764 sqft
- Finished area above ground: 1,764
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Attached, Asphalt
- Attached garage spaces: 3
- Carport spaces: 3
Accessibility
- Accessibility features: No Stairs External, No Stairs Internal
Features
- Levels: One
- Has view: Yes
- View description: River, West
- Has water view: Yes
- Water view: River
- Waterfront features: River Front
- Frontage length: Water Frontage: 390
Lot
- Size: 3.01 Acres
- Dimensions: 390 x 492 x 400 x 245
Details
- Foundation area: 8195
- Parcel number: 163100020
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Other
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Gas: Propane
- Sewer: Tank with Drainage Field
- Water: 4-Inch Submersible, Drilled, Well
Community & HOA
Location
- Region: Aldrich
Financial & listing details
- Price per square foot: $51/sqft
- Tax assessed value: $103,100
- Annual tax amount: $1,392
- Date on market: 12/9/2024
- Cumulative days on market: 148 days
- Tenant pays: Fuel, Trash Collection
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Sold | $90,000-43.7%$51/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6638557 Report a problem | ||
| 5/8/2025 | Pending sale | $159,900$91/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6638557 Report a problem | ||
| 5/7/2025 | Listed for sale | $159,900$91/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6638557 Report a problem | ||
| 5/7/2025 | Pending sale | $159,900$91/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6638557 Report a problem | ||
| 4/28/2025 | Price change | $159,900-3%$91/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6638557 Report a problem | ||
| 3/17/2025 | Price change | $164,900-5.7%$93/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6638557 Report a problem | ||
| 12/9/2024 | Listed for sale | $174,900+25.4%$99/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6638557 Report a problem | ||
| 10/1/2020 | Listing removed | $139,500$79/sqft |
Source: Brainerd - WEICHERT, REALTORS - Tower Properties #5572469 Report a problem | ||
| 8/25/2020 | Price change | $139,500+10.8%$79/sqft |
Source: Brainerd - WEICHERT, REALTORS - Tower Properties #5572469 Report a problem | ||
| 5/28/2020 | Listed for sale | $125,900$71/sqft |
Source: Weichert REALTORS Tower Properties #5572469 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,696 +25.3% | $103,100 -7.6% |
| 2024 | $1,354 -3.7% | $111,600 +31.4% |
| 2023 | $1,406 -16.4% | $84,900 +11.6% |
| 2022 | $1,682 +73% | $76,100 +2.8% |
| 2021 | $972 +26.2% | $74,000 +38.3% |
| 2020 | $770 +13.6% | $53,500 +0.4% |
| 2018 | $678 -56.3% | $53,300 +31.3% |
| 2017 | $1,552 +7.6% | $40,600 -19.1% |
| 2016 | $1,442 +1.1% | $50,176 |
| 2015 | $1,426 | -- |
| 2014 | -- | -- |
Find assessor info on the county website
Neighborhood: 56434
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Nearby schools
GreatSchools rating
- 6/10Staples Elementary SchoolGrades: PK-4Distance: 6.8 mi
- 4/10Motley-Staples Middle SchoolGrades: 5-8Distance: 6.9 mi
- 7/10Staples-Motley Senior High SchoolGrades: 9-12Distance: 6.9 mi
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- Minnesota
- Wadena County
- Aldrich
- 56434
- 101 1st Ave NW
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