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Lutsen, MN

Lutsen, MN Commercial Real Estate for Sale

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Tofte, MN Grand Marais, MN Schroeder, 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.

Resort Commercial/Residential Land

Updated: Jun 8

Resort Commercial/Residential Land

15X Ski Hill Rd, Lutsen, MN 55612

$325,000

30.00 AC lot

30‑acre wooded parcel in Lutsen on Ski Hill Road
Zoned Resort Commercial/Residential for flexible use possibilities
Natural setting features a mix of cedar, birch, and pine trees

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Lutsen, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

Flex Space with Storage Buildings

Flex Space with Storage Buildings

83 Outer Dr, Silver Bay, MN 55614

$275,000

Commercial property with multiple enclosed structures, dedicated garage space, and parking for varied business operations.

Level Commercial Land with Workshop

Level Commercial Land with Workshop

120 Gunflint Trl, Grand Marais, MN 55604

$265,000

HMU-zoned parcel includes an existing workshop and level terrain.

Commercially Zoned Corner Lot

Commercially Zoned Corner Lot

42 Outer Drive, Silver Bay, MN 55614

Contact for pricing

Prime commercial lot with high visibility and development potential.

Commercial Office and Retail Building

Commercial Office and Retail Building

1807 W Highway 61, Grand Marais, MN 55604

Contact for pricing

Commercial building on the Hwy 61 corridor with off-street parking and 1,100+ sq. ft. for office use or retail conversion.

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

$150,000

Estimated value

600 sqft 2.00 AC lot

3719 Hwy 61

DRIVE-THRU RESTAURANT, FAST FOOD

3719 Hwy 61, Lutsen, MN 55612-9534

$265,000

Estimated value

3,217 sqft 8.49 AC lot

4921 Hwy 61

COMMERCIAL (GENERAL)

4921 Hwy 61, Lutsen, MN 55612-9531

$245,000

Estimated value

432 sqft 1.74 AC lot

5700 Hwy 61

MOTEL

5700 Hwy 61, Lutsen, MN 55612-4430

$890,000

Estimated value

19,541 sqft 41.96 AC lot

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

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

5325 Hwy 61

RETAIL STORES (PERSONAL SERVICES)

5325 Hwy 61, Lutsen, MN 55612-9542

$305,000

Estimated value

4,872 sqft 3.35 AC lot

5335 Hwy 61

COMMERCIAL (GENERAL)

5335 Hwy 61, Lutsen, MN 55612-9542

$475,000

Estimated value

2,880 sqft 1.67 AC lot

4874 Hwy 61

MOTEL

4874 Hwy 61, Lutsen, MN 55612-9515

$355,000

Estimated value

2,763 sqft 3.61 AC lot

544 Caribou Trl

LIGHT INDUSTRIAL

544 Caribou Trl, Lutsen, MN 55612

$290,000

Estimated value

8,703 sqft 2.00 AC lot

Caribou Trl

VACANT COMMERCIAL LAND

Caribou Trl, Lutsen, MN 55612

$260,000

Estimated value

22.65 AC lot

Lutsen, MN 55612

CENTRALLY ASSESSED

Lutsen, MN 55612

$260,000

Estimated value

2.01 AC lot

327 Ski Hl Rd

COMMERCIAL (GENERAL)

327 Ski Hl Rd, Lutsen, MN 55612

$375,000

Estimated value

3,696 sqft 7.11 AC lot

329 Ski Hl Rd

APARTMENT HOUSE (5+ UNITS)

329 Ski Hl Rd, Lutsen, MN 55612

$200,000

Estimated value

2,112 sqft 6.12 AC lot

325 Ski Hl Rd

COMMERCIAL (GENERAL)

325 Ski Hl Rd, Lutsen, MN 55612

$565,000

Estimated value

5,120 sqft 83.80 AC lot

151 Ski Hl Rd

WAREHOUSE, STORAGE

151 Ski Hl Rd, Lutsen, MN 55612

$300,000

Estimated value

224 sqft

Lutsen, MN 55612

VACANT COMMERCIAL LAND

Lutsen, MN 55612

$240,000

Estimated value

3.26 AC lot

Lutsen, MN 55612

VACANT COMMERCIAL LAND

Lutsen, MN 55612

$240,000

Estimated value

9.69 AC lot

Lutsen, MN 55612

CENTRALLY ASSESSED

Lutsen, MN 55612

$270,000

Estimated value

1.00 AC lot

565 Ski Hl Rd

VACANT COMMERCIAL LAND

565 Ski Hl Rd, Lutsen, MN 55612

$185,000

Estimated value

475 sqft 40.00 AC lot

Lutsen, MN 55612

CENTRALLY ASSESSED

Lutsen, MN 55612

$310,000

Estimated value

20.84 AC lot

Lutsen, MN 55612

COMMERCIAL (GENERAL)

Lutsen, MN 55612

$230,000

Estimated value

1.75 AC lot

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 $3,225,000.

Sale prices for business properties in Lutsen, MN start at $325,000, averaging $1,612,500, 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	$1.6M

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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Most Searched ZIP Codes in Lutsen, MN

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