




623 E Main St, Anoka, MN, 55303
About This Home
Amazing commercial opportunity in the heart of downtown Anoka! This beautifully renovated 3,571 SF mixed-use building sits on a .27 acre lot with its own dedicated parking lot and private patio - a standout feature few Main Street buildings offer. Originally built in 1890, the property was completely gutted and renovated in 2022 (new electrical, HVAC, plumbing, walls, and ceilings), with a new roof and siding added in 2024 - a building with historic charm and no deferred maintenance. A small commercial kitchen adds flexibility for food and beverage concepts. Zoned EM-2 (Mixed Use Main Street), the property supports an exceptionally broad range of uses - restaurant, coffee shop or wine bar, professional or medical office, wellness studio, salon, boutique retail, and more - giving real flexibility to bring your own concept to life. Set on a walkable Main Street corridor with strong visibility, steady foot and vehicle traffic (14k daily), and an established downtown business district. Property will be delivered vacant at closing - bring your vision!
Getting Around
Schools
Construction
Condition
- Year built: 1890
Materials
- Roof: Asphalt
Type & Style
- Home type: SingleFamily
Interior
Basement
- Has basement: Yes
- Basement: Yes
Features
- Disabled Access
Heating
- Heating features: Has Heating (Unspecified Type)
Property
Accessibility
- Accessibility features: Disabled Access: Yes
Details
- Parcel number: 063124340118
Features
- Stories: 2
- Patio & porch: Patio
Lot
- Lot size: 0.27 Acres
Parking
- Parking features: Gravel,Parking Lot
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Inland Flooding
- Strong Wind
- Lightning
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Anoka County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,286 | $39,432 |
| Home Insurance * | $400 | $4,800 |
| Property Taxes | $1,302 | $15,624 |
| Electricity | $170 | $2,050 |
| Total | $5,158 | $61,896 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-21 | Listed for sale | $650,000 |
| 2022-05-31 | Sold | $177,900 |
| 2020-11-24 | Sold | $516,500 |
| 2020-06-15 | Listing removed | $225,000 |
| 2020-06-09 | Listed for sale | $225,000 |
