875 7th St SW, Pine City, MN, 55063
About This Home
Opportunity for investors seeking a flexible mixed-use income property in Pine City. The building features a renovated lower level one-bedroom apartment that is clean, updated, and well suited for long-term rental income. The main level includes multiple office suites, a large classroom or gathering room, and a conference room, offering versatile space for professional tenants, training or education uses, nonprofit organizations, or service businesses. A large parking lot provides ample off-street parking for staff and visitors, and two private garages add valuable storage or additional rental potential. The layout allows for multiple tenant configurations, making this an appealing option for investors looking to lease office space while generating residential income from the apartment below. A solid opportunity to add a mixed-use property with diverse income potential to your portfolio.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1971
Type & Style
- Home type: MultiFamily
- Property subType: Other
Interior
Appliances
- Laundry features: Lower Level
Basement
- Has basement: Yes
- Basement: Daylight,Egress Window(s),Sump Pump
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 3
Features
- Finished area below ground: 1,200
- Finished area above ground: 1,800
Heating
- Heating features: Baseboard,Forced Air
Interior Area
- Total structure area: 3,400
- Total interior livable area: 3,400 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 0420287000
- Zoning description: Business/Commercial
- Foundation area: 1632
Features
- Levels: One
- Patio & porch: Covered
Lot
- Lot size: 0.32 Acres
- Lot size dimensions: 97 x 145 x 97 x 144
Parking
- Total spaces: 2
- Parking features: Detached Garage,Asphalt,Guest,Parking Lot
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Cold Wave
- Hail
- Inland Flooding
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Pine 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 | $1,511 | $18,132 |
| Home Insurance * | $283 | $3,396 |
| Property Taxes | $206 | $2,472 |
| Electricity | $286 | $3,441 |
| Total | $2,286 | $27,432 |
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 |
|---|---|---|
| 2026-04-10 | Listed for sale | $339,000 |
View on Zillow