23
$189,900
3 bd · 2 ba · 1,472 sqft
408 Central Avenue, Osakis, MN
Aimee R Hegg · Central MN Realty LLC · on 2 MLSs
$61/sqft · 24 days on Realty
2,464
Building
1,540 sqft
Lot
1890
Built
Opportunity meets flexibility in the heart of downtown Osakis! This mixed-use commercial building offers an exciting combination of business, investment, and residential possibilities. The renovated main floor is ready to go and lends itself beautifully to professional offices, a salon, boutique, retail space, studio, or a variety of other business ventures. An additional unfinished main-floor area provides plenty of room for future expansion or convenient storage. With its own separate entrance, it could remain independent or simply open up the wall to connect the spaces. Upstairs, you’ll find a spacious three-bedroom apartment with a large private deck. The apartment was updated in 2021 with refinished floors, new kitchen cabinets, and new appliances. Run your business downstairs and live just steps away, make the upper level your home while generating rental income from the commercial space below, or take advantage of the potential for multiple income streams under one roof. Several important improvements add to the appeal, including a new sewer hookup in 2021, new rubber membrane roof in 2026, and exterior painting at the rear of the building in 2026. Convenient on-street parking serves the property, plus three designated parking spaces in the rear provide additional off-street parking. Whether you’re an entrepreneur ready to bring your vision to life, an owner-occupant looking to combine home and business, or an investor searching for a downtown property with multiple possibilities, this one is worth a closer look. An entrepreneur’s dream in downtown Osakis! Be sure to explore both 3D tours for an inside look at the renovated commercial space and the three-bedroom apartment upstairs.
Listing agent
Gail Georgiene Thang
Courtesy of Kvale Real Estate
(320) 491-8261
FargoMoorhead Area Association of REALTORS · Listing 7139798
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Showing FargoMoorhead Area Association of REALTORS
FargoMoorhead Area Association of REALTORSCourtesy of Kvale Real Estate · (320) 491-8261
Listing agent: Gail Georgiene Thang · Listing 7139798
NorthstarMLSCourtesy of Kvale Real Estate · (320) 491-8261
Listing agent: G.G. Thang · Listing NST7139798
2026 roll
FargoMoorhead Area Association of REALTORS
NorthstarMLSThis content last refreshed on 2026-10-01 20:51:32 UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Within 2 miles of this home: 7 restaurants and cafés and 6 parks and green spaces.
Place data from OpenStreetMap.
AJ's Cafe
Tip Top Dairy Bar
West Nokomis Street
Sportsmen's Cafe
American restaurant
Champs Chicken
West Nokomis Street
Hangar 54 Pizza
West Nokomis Street
Piccadilly Pizza & Subs
East Nokomis Street
Osakis VFW
East 8th Avenue
Lakeside Park
Osagi Park
Stevens Lake
Faille Lake
Osakis Wildlife Management Area, North Unit
Osakis Wildlife Management Area, South Unit