Grand Marais, MN
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    Grand Marais, MN Commercial Real Estate for Sale

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    Lutsen, MN
    46 Acres Raw Land Available
    $595,000
    46.00 Acres

    46 Acres Raw Land Available

    12010 Gunflint Trl, Grand Marais, MN 55604

    Raw land near Seagull Lake, zoned Resort/Commercial/Residential.

    • 46 Acres of raw land near Seagull Lake
    • Zoned "Resort/Commercial/Residential"
    • Located near the Gunflint Trail
    • Electricity near Gunflint Trail
    • Former Outfitters business location
    Updated: Aug 20, 2025
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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Grand Marais, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bar and Grill Opportunity
    $225,000
    2,840 SF

    Bar and Grill Opportunity

    Bar and grill with outdoor seating on 3.22 acres.

    2667 HWY 70, Babbitt, MN 55731
    View details
    Babbitt Commercial Property For Sale
    $499,000
    0.60 Acres

    Babbitt Commercial Property For Sale

    Commercial property available for purchase in Babbitt, Minnesota.

    105 Central Boulevard, Babbitt, MN 55706
    View details
    Ely MN Resort on Moose Lake
    $1,800,000

    Ely MN Resort on Moose Lake

    Premier Boundary Waters outfitter on 3.45 acres with 500ft shoreline.

    14694 Vosburgh Road, Ely, MN 55731
    View details
    Established Ice Business Opportunity
    $349,000
    0.16 Acres

    Established Ice Business Opportunity

    Well-established ice business with real estate and equipment included.

    442 N 15th Ave E, Ely, MN 55731
    View details

    Off-Market Properties in Grand Marais, MN

    Consider similar Off-Market properties in Grand Marais, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    111 Wisconsin St, Unit 101

    111 Wisconsin St, Unit 101

    COMMERCIAL (GENERAL) • 5,104 SF
    Value Estimation
    $665,000
    111 Wisconsin St, Grand Marais, MN 55604-5019
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    3 Wisconsin St

    3 Wisconsin St

    COMMERCIAL (GENERAL) • 1,861 SF
    Value Estimation by Request
    3 Wisconsin St, Grand Marais, MN 55604-5018
    View details
    207 Wisconsin St

    207 Wisconsin St

    HOTEL-RESORT • 6,491 SF
    Value Estimation by Request
    207 Wisconsin St, Grand Marais, MN 55604-5020
    View details
    6 Wisconsin St

    6 Wisconsin St

    COMMERCIAL (GENERAL) • 4,129 SF
    Value Estimation
    $515,000
    6 Wisconsin St, Grand Marais, MN 55604-5017
    View details
    3 Wisconsin St

    3 Wisconsin St

    COMMERCIAL (GENERAL) • 3,519 SF
    Value Estimation by Request
    3 Wisconsin St, Grand Marais, MN 55604-5017
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    16 Wisconsin St

    16 Wisconsin St

    VACANT COMMERCIAL LAND • 0.14 Acres
    Value Estimation by Request
    16 Wisconsin St, Grand Marais, MN 55604-5017
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    211 Wisconsin St

    211 Wisconsin St

    VACANT COMMERCIAL LAND • 560 SF
    Value Estimation by Request
    211 Wisconsin St, Grand Marais, MN 55604-5020
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    105 Wisconsin St

    105 Wisconsin St

    COMMERCIAL (GENERAL) • 4,266 SF
    Value Estimation by Request
    105 Wisconsin St, Grand Marais, MN 55604-5019
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    20 Wisconsin St

    20 Wisconsin St

    COMMERCIAL (GENERAL) • 2,657 SF
    Value Estimation by Request
    20 Wisconsin St, Grand Marais, MN 55604-5017
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    115 Wisconsin St

    115 Wisconsin St

    CHARITABLE ORGANIZATION • 4,921 SF
    Value Estimation by Request
    115 Wisconsin St, Grand Marais, MN 55604-5019
    View details
    19 Wisconsin St

    19 Wisconsin St

    VACANT COMMERCIAL LAND • 1,617 SF
    Value Estimation by Request
    19 Wisconsin St, Grand Marais, MN 55604-5017
    View details
    7 Wisconsin St

    7 Wisconsin St

    COMMERCIAL (GENERAL) • 4,086 SF
    Value Estimation by Request
    7 Wisconsin St, Grand Marais, MN 55604-5017
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    107 Wisconsin St

    107 Wisconsin St

    MOTEL • 3,846 SF
    Value Estimation by Request
    107 Wisconsin St, Grand Marais, MN 55604
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    5 Wisconsin St

    5 Wisconsin St

    COMMERCIAL (GENERAL) • 1,856 SF
    Value Estimation by Request
    5 Wisconsin St, Grand Marais, MN 55604-5017
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    12 Wisconsin St

    12 Wisconsin St

    COMMERCIAL (GENERAL) • 702 SF
    Value Estimation by Request
    12 Wisconsin St, Grand Marais, MN 55604-5018
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    301 Wisconsin St

    301 Wisconsin St

    VACANT COMMERCIAL LAND • 0.55 Acres
    Value Estimation by Request
    301 Wisconsin St, Grand Marais, MN 55604
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    14 Wisconsin St

    14 Wisconsin St

    COMMERCIAL (GENERAL) • 3,650 SF
    Value Estimation by Request
    14 Wisconsin St, Grand Marais, MN 55604-5017
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    15 Wisconsin St

    15 Wisconsin St

    VACANT COMMERCIAL LAND • 1,865 SF
    Value Estimation by Request
    15 Wisconsin St, Grand Marais, MN 55604-5017
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    17 Wisconsin St

    17 Wisconsin St

    VACANT COMMERCIAL LAND • 1,846 SF
    Value Estimation by Request
    17 Wisconsin St, Grand Marais, MN 55604-5017
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    601 Wisconsin St

    601 Wisconsin St

    COMMERCIAL (GENERAL) • 3,801 SF
    Value Estimation by Request
    601 Wisconsin St, Grand Marais, MN 55604
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    4 Wisconsin St

    4 Wisconsin St

    COMMERCIAL (GENERAL) • 1,297 SF
    Value Estimation by Request
    4 Wisconsin St, Grand Marais, MN 55604-5018
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    789 Trout Lk Rd

    789 Trout Lk Rd

    HOTEL-RESORT • 2,624 SF
    Value Estimation by Request
    789 Trout Lk Rd, Grand Marais, MN 55604-3001
    View details
    189 Sag Lk Trl

    189 Sag Lk Trl

    HOTEL-RESORT • 4,200 SF
    Value Estimation by Request
    189 Sag Lk Trl, Grand Marais, MN 55604-2057
    View details

    Grand Marais, MN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Grand Marais, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $595,000.

    Sale prices for business properties in Grand Marais, MN start at $595,000, averaging $595,000, and reaching up to $595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,613
    Population Growth (5Y) +6.8%
    Median Household Income $71,458
    College Educated 68.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Grand Marais submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    55604 $595K

    Taxes & Financing

    Tax Rate (average for all types) 1.59%
    Property Tax per SF $29.87 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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