For Auction

$1 Auction – 2.87 Acre Parcel | Dollar General Adjacent | Canada Border

Adj. to 1025 3rd Ave,
International Falls, MN 56649
$1

Absolute Auction

First bid meets reserve

Asset Snapshot

Real Estate
Asset Type
Land
Property Type
2.87 Acres
Land Area

Offering Summary

Investment Highlights

  • ±2.87 Acres of Land Adjacent to Dollar General in International Falls, MN; 1 Mile South of Canada Border Crossing
  • Near US Hwy 53 Signalized Intersection with ±7,969 VPD
  • Retailers Nearby: Menards, McDonald’s, Dunkin, Dollar Tree, Tractor Supply, Dairy Queen, O’Reilly Auto Parts, Subway, and more
  • Zoned C-2A, Commercial for a Variety of General Commercial Uses & Activities
  • Attractive Demographics with ±7,527 Individuals and Annual Household Income of ±$67,937 (5-Mile)
  • Absolute $1 Auction - NO RESERVE


Offering Summary

Marcus & Millichap, in conjunction with RI Marketplace, is pleased to present a ±2.87-acre land parcel located adjacent to 1025 3rd Avenue (the “Property”) in International Falls, Minnesota. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!

The Property consist of two parcels totaling ±2.87 acres situated adjacent to Dollar General and near the US Hwy 53 signalized intersection with traffic counts of 7,969 vehicles per day.  The Property benefits from proximity to Menards, Dollar Tree, Tractor Supply, Dairy Queen, O’Reilly Auto Parts, Subway, McDonald’s, Dunkin, and more. The Property is zoned C-2A Commercial, making this site suitable for a variety of commercial uses.

International Falls, Minnesota, known as the "Icebox of the Nation," is a northern border town situated along the U.S.-Canada border, directly across from Fort Frances, Ontario. Located in Koochiching County, it serves as a key port of entry between the U.S. and Canada. The Property is easily accessible and is ideally positioned near US Highway 53 offering access to Duluth (150 miles south) and Minneapolis-St. Paul (300 miles south). The Property benefits from strong demographics with a population of 7,527 residents and an average household income of $67,937 within a 5-mile radius.

Due Diligence

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Platform Fee

Buyer pays a minimum platform fee of 5% or $20,000 at closing.

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Auctioneer

Col. Frank B., Imholte
c/o Fisher Auction Company Inc.
License: 84-302

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Closed

This asset was part of the March 26th, 2025 auction event, resulting in a successful transaction that closed in just 32 days.
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Investment Sales Brokers

Jon Ruzicka
Marcus & Millichap
MN License: 40583288

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.