Lutsen, MN Commercial Real Estate for Sale

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Grand Marais, MN Finland, MN
Superior National Golf Course
Updated: Nov 21, 2025
Superior National Golf Course

5731 Highway 61, Lutsen, MN 55612

$2,900,000
213 sqft
Premier 27‑hole golf course in Lutsen, MN, a popular outdoor vacation destination.
Located between Lake Superior and the Sawtooth Mountains, offering majestic views.
Ranked among Minnesota's top 10 golf courses, featuring a $4.6 million renovation completed in 2018.
Includes a 4,500 sq ft clubhouse with a pro shop, bar and grill, golf simulator, and outdoor patio.
Features the renowned River and Canyon "Premier 18" designed by Jeffrey Brauer, plus the versatile Mountain 9.
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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Lutsen, 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.

Recreational Fishing & Hunting Land
Recreational Fishing & Hunting Land

N Kelly Trail, Isabella, MN 55731

$184,900
0.49 AC lot

A small parcel with resort-to-cabin history, equipped utilities, and immediate fishing and hunting access.

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Established Cafe with Living Quarters
Established Cafe with Living Quarters

9375 Highway 1, Isabella, MN 55607

$230,000

Restaurant, apartment, cabin, and storage building near recreational trails.

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Cultivation Center Near Lake Superior
Cultivation Center Near Lake Superior

120 Mensing Dr, Silver Bay, MN

$795,000
8,536 sqft · 0.97 AC lot

Cultivation center on one acre near Duluth and Lake Superior.

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Commercially Zoned Corner Lot
Commercially Zoned Corner Lot

42 Outer Drive, Silver Bay, MN 55614

$165,000

Prime commercial lot with high visibility and development potential.

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Off-Market Properties in Lutsen, MN

Consider similar Off-Market properties in Lutsen, 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.

5361 Hwy 61
VACANT COMMERCIAL LAND

5361 Hwy 61, Lutsen, MN 55612-9542

Value Estimation by Request
600 sqft · 2.00 AC lot
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3719 Hwy 61
DRIVE-THRU RESTAURANT, FAST FOOD

3719 Hwy 61, Lutsen, MN 55612-9534

Value Estimation by Request
3,217 sqft · 8.49 AC lot
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4921 Hwy 61
COMMERCIAL (GENERAL)

4921 Hwy 61, Lutsen, MN 55612-9531

Value Estimation by Request
432 sqft · 1.74 AC lot
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5700 Hwy 61
MOTEL

5700 Hwy 61, Lutsen, MN 55612-4430

$890,000
Estimated value
19,541 sqft · 41.96 AC lot
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5339 Hwy 61
STORE/OFFICE (MIXED USE)

5339 Hwy 61, Lutsen, MN 55612-4461

$530,000
Estimated value
2,976 sqft · 6.33 AC lot
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5401 Hwy 61
STORE/OFFICE (MIXED USE)

5401 Hwy 61, Lutsen, MN 55612-5001

$1,050,000
Estimated value
8,001 sqft · 2.15 AC lot
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5325 Hwy 61
RETAIL STORES (PERSONAL SERVICES)

5325 Hwy 61, Lutsen, MN 55612-9542

Value Estimation by Request
4,872 sqft · 3.35 AC lot
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5335 Hwy 61
COMMERCIAL (GENERAL)

5335 Hwy 61, Lutsen, MN 55612-9542

Value Estimation by Request
2,880 sqft · 1.67 AC lot
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4874 Hwy 61
MOTEL

4874 Hwy 61, Lutsen, MN 55612-9515

Value Estimation by Request
2,763 sqft · 3.61 AC lot
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544 Caribou Trl
LIGHT INDUSTRIAL

544 Caribou Trl, Lutsen, MN 55612

Value Estimation by Request
8,703 sqft · 2.00 AC lot
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Caribou Trl
VACANT COMMERCIAL LAND

Caribou Trl, Lutsen, MN 55612

Value Estimation by Request
22.65 AC lot
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Lutsen, MN 55612
CENTRALLY ASSESSED

Lutsen, MN 55612

Value Estimation by Request
2.01 AC lot
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327 Ski Hl Rd
COMMERCIAL (GENERAL)

327 Ski Hl Rd, Lutsen, MN 55612

Value Estimation by Request
3,696 sqft · 7.11 AC lot
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329 Ski Hl Rd
APARTMENT HOUSE (5+ UNITS)

329 Ski Hl Rd, Lutsen, MN 55612

Value Estimation by Request
2,112 sqft · 6.12 AC lot
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325 Ski Hl Rd
COMMERCIAL (GENERAL)

325 Ski Hl Rd, Lutsen, MN 55612

$565,000
Estimated value
5,120 sqft · 83.80 AC lot
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151 Ski Hl Rd
WAREHOUSE, STORAGE

151 Ski Hl Rd, Lutsen, MN 55612

Value Estimation by Request
224 sqft
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Lutsen, MN 55612
VACANT COMMERCIAL LAND

Lutsen, MN 55612

Value Estimation by Request
3.26 AC lot
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Lutsen, MN 55612
VACANT COMMERCIAL LAND

Lutsen, MN 55612

Value Estimation by Request
9.69 AC lot
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Lutsen, MN 55612
CENTRALLY ASSESSED

Lutsen, MN 55612

Value Estimation by Request
1.00 AC lot
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565 Ski Hl Rd
VACANT COMMERCIAL LAND

565 Ski Hl Rd, Lutsen, MN 55612

Value Estimation by Request
475 sqft · 40.00 AC lot
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Lutsen, MN 55612
CENTRALLY ASSESSED

Lutsen, MN 55612

Value Estimation by Request
20.84 AC lot
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Lutsen, MN 55612
COMMERCIAL (GENERAL)

Lutsen, MN 55612

Value Estimation by Request
1.75 AC lot
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Lutsen, MN 55612
VACANT COMMERCIAL LAND

Lutsen, MN 55612

Value Estimation by Request
12.43 AC lot
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Lutsen, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lutsen, MN on our real estate platform. These investment opportunities span a total of 213 square feet of properties for sale, with an estimated market value of $2,900,000.

Sale prices for business properties in Lutsen, MN start at $2,900,000, averaging $2,900,000, and reaching up to $2,900,000 — 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 549
Population Growth (5Y) -11.7%
Median Household Income $83,893
College Educated 86.3%

High-Yield Neighborhoods for Investment

Identify Lutsen submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55612 $2.9M

Taxes & Financing

Tax Rate (average for all types) 1.48%
Property Tax per SF $41.78 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

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