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    Lutsen, MN Commercial Real Estate for Sale

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    Tofte, MN Finland, MN Grand Marais, MN
    Superior National Golf Course
    $2,900,000

    Superior National Golf Course

    5731 Highway 61, Lutsen, MN 55612

    Premier 27-hole golf course in Lutsen, Minnesota.

    • 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.
    Updated: Nov 21, 2025
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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.

    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
    Commercially Zoned Corner Lot
    $175,000

    Commercially Zoned Corner Lot

    Prime commercial lot with high visibility and development potential.

    42 Outer Drive, Silver Bay, MN 55614
    View details
    Cultivation Center Near Lake Superior
    $795,000
    8,536 SF

    Cultivation Center Near Lake Superior

    Cultivation center on one acre near Duluth and Lake Superior.

    120 Mensing Dr, Silver Bay, MN
    View details

    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

    5361 Hwy 61

    VACANT COMMERCIAL LAND • 600 SF
    Value Estimation by Request
    5361 Hwy 61, Lutsen, MN 55612-9542
    View details
    3719 Hwy 61

    3719 Hwy 61

    DRIVE-THRU RESTAURANT, FAST FOOD • 3,217 SF
    Value Estimation by Request
    3719 Hwy 61, Lutsen, MN 55612-9534
    View details
    4921 Hwy 61

    4921 Hwy 61

    COMMERCIAL (GENERAL) • 432 SF
    Value Estimation by Request
    4921 Hwy 61, Lutsen, MN 55612-9531
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    5700 Hwy 61

    5700 Hwy 61

    MOTEL • 19,541 SF
    Value Estimation
    $890,000
    5700 Hwy 61, Lutsen, MN 55612-4430
    View details
    5339 Hwy 61

    5339 Hwy 61

    STORE/OFFICE (MIXED USE) • 2,976 SF
    Value Estimation
    $530,000
    5339 Hwy 61, Lutsen, MN 55612-4461
    View details
    5401 Hwy 61

    5401 Hwy 61

    STORE/OFFICE (MIXED USE) • 8,001 SF
    Value Estimation
    $1,050,000
    5401 Hwy 61, Lutsen, MN 55612-5001
    View details
    5325 Hwy 61

    5325 Hwy 61

    RETAIL STORES (PERSONAL SERVICES) • 4,872 SF
    Value Estimation by Request
    5325 Hwy 61, Lutsen, MN 55612-9542
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    5335 Hwy 61

    5335 Hwy 61

    COMMERCIAL (GENERAL) • 2,880 SF
    Value Estimation by Request
    5335 Hwy 61, Lutsen, MN 55612-9542
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    4874 Hwy 61

    4874 Hwy 61

    MOTEL • 2,763 SF
    Value Estimation by Request
    4874 Hwy 61, Lutsen, MN 55612-9515
    View details
    544 Caribou Trl

    544 Caribou Trl

    LIGHT INDUSTRIAL • 8,703 SF
    Value Estimation by Request
    544 Caribou Trl, Lutsen, MN 55612
    View details
    Caribou Trl

    Caribou Trl

    VACANT COMMERCIAL LAND • 22.65 Acres
    Value Estimation by Request
    Caribou Trl, Lutsen, MN 55612
    View details
    Lutsen, MN 55612

    Lutsen, MN 55612

    CENTRALLY ASSESSED • 2.01 Acres
    Value Estimation by Request
    Lutsen, MN 55612
    View details
    327 Ski Hl Rd

    327 Ski Hl Rd

    COMMERCIAL (GENERAL) • 3,696 SF
    Value Estimation by Request
    327 Ski Hl Rd, Lutsen, MN 55612
    View details
    329 Ski Hl Rd

    329 Ski Hl Rd

    APARTMENT HOUSE (5+ UNITS) • 2,112 SF
    Value Estimation by Request
    329 Ski Hl Rd, Lutsen, MN 55612
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    325 Ski Hl Rd

    325 Ski Hl Rd

    COMMERCIAL (GENERAL) • 5,120 SF
    Value Estimation
    $565,000
    325 Ski Hl Rd, Lutsen, MN 55612
    View details
    151 Ski Hl Rd

    151 Ski Hl Rd

    WAREHOUSE, STORAGE • 224 SF
    Value Estimation by Request
    151 Ski Hl Rd, Lutsen, MN 55612
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    Lutsen, MN 55612

    Lutsen, MN 55612

    VACANT COMMERCIAL LAND • 3.26 Acres
    Value Estimation by Request
    Lutsen, MN 55612
    View details
    Lutsen, MN 55612

    Lutsen, MN 55612

    VACANT COMMERCIAL LAND • 9.69 Acres
    Value Estimation by Request
    Lutsen, MN 55612
    View details
    Lutsen, MN 55612

    Lutsen, MN 55612

    CENTRALLY ASSESSED • 1.00 Acre
    Value Estimation by Request
    Lutsen, MN 55612
    View details
    565 Ski Hl Rd

    565 Ski Hl Rd

    VACANT COMMERCIAL LAND • 475 SF
    Value Estimation by Request
    565 Ski Hl Rd, Lutsen, MN 55612
    View details
    Lutsen, MN 55612

    Lutsen, MN 55612

    CENTRALLY ASSESSED • 20.84 Acres
    Value Estimation by Request
    Lutsen, MN 55612
    View details
    Lutsen, MN 55612

    Lutsen, MN 55612

    COMMERCIAL (GENERAL) • 1.75 Acres
    Value Estimation by Request
    Lutsen, MN 55612
    View details
    Lutsen, MN 55612

    Lutsen, MN 55612

    VACANT COMMERCIAL LAND • 12.43 Acres
    Value Estimation by Request
    Lutsen, MN 55612
    View details

    Lutsen, MN Commercial Real Estate Investment Opportunities Market Analysis

    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 Strategic Investment

    Identify Lutsen submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    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

    • 55612

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