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Tofte, MN

Tofte, MN Commercial Real Estate for Sale

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Schroeder, MN Lutsen, MN Grand Marais, MN Finland, MN Little Marais, MN Isabella, MN

Grocery and Liquor Store Building

Updated: May 29

Grocery and Liquor Store Building

7125 W Highway 61, Tofte, MN 55615

$1,400,000

5,528 sqft

Tofte General Store for sale with grocery store and liquor store operations on Highway 61
Building originally built in 1962 with 4 additions, including additions in 2020 and remodel in 2024
Block construction with steel beams and steel roof added in 2018
Loading dock designed for operations
Updates include new coolers, updated POS system, and an owned ATM

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 34 Potential Opportunities for your consideration. Besides 1 Active listings in Tofte, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 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.

Superior National Golf Course

Superior National Golf Course

5731 Highway 61, Lutsen, MN 55612

$2,900,000

213 sqft

Premier 27-hole golf course in Lutsen, Minnesota.

Mixed-Use Property with Greenhouse

Mixed-Use Property with Greenhouse

1301 W Highway 61, Grand Marais, MN 55604

$875,000

1,120 sqft

Includes rental cabins, storage structures, and a newer greenhouse near downtown Grand Marais.

Wooded Commercial Land

Wooded Commercial Land

5361 Highway 61, Lutsen, MN 55612

$179,900

LTGC-zoned site with frontage road access, Highway 61 exposure, mature evergreens, and a creek along its eastern boundary.

Harbor Inn Hotel Property

Harbor Inn Hotel Property

207 Wisconsin St, Grand Marais, MN 55604

Contact for pricing

Operating lodging property overlooking Grand Marais Harbor on Lake Superior.

Off-Market Properties in Tofte, MN

Consider similar Off-Market properties in Tofte, 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.

7243 Tofte Park Rd

COMMERCIAL (GENERAL)

7243 Tofte Park Rd, Tofte, MN 55615

$260,000

Estimated value

1,440 sqft 0.95 AC lot

7223 Tofte Park Rd

COMMERCIAL (GENERAL)

7223 Tofte Park Rd, Tofte, MN 55615-4400

$260,000

Estimated value

1,138 sqft 0.69 AC lot

134 Sawbill Trl

COMMERCIAL (GENERAL)

134 Sawbill Trl, Tofte, MN 55615

$160,000

Estimated value

768 sqft 1.12 AC lot

4620 Sawbill Trl

HOTEL-RESORT

4620 Sawbill Trl, Tofte, MN 55615-2200

$265,000

Estimated value

4,146 sqft 3.36 AC lot

7057 Hwy 61

COMMERCIAL (GENERAL)

7057 Hwy 61, Tofte, MN 55615

$245,000

Estimated value

6,510 sqft 5.74 AC lot

6452 Hwy 61

MOTEL

6452 Hwy 61, Tofte, MN 55615-8608

$465,000

Estimated value

8,690 sqft 1.26 AC lot

7136 Hwy 61

CHARITABLE ORGANIZATION

7136 Hwy 61, Tofte, MN 55615

$215,000

Estimated value

1,873 sqft 0.26 AC lot

7124 Hwy 61

COMMERCIAL (GENERAL)

7124 Hwy 61, Tofte, MN 55615

$595,000

Estimated value

3,224 sqft 0.45 AC lot

7192 Hwy 61

COMMERCIAL (GENERAL)

7192 Hwy 61, Tofte, MN 55615

$705,000

Estimated value

6,693 sqft 0.62 AC lot

6660 Hwy 61

HOTEL-RESORT

6660 Hwy 61, Tofte, MN 55615-8606

$190,000

Estimated value

1,344 sqft 4.21 AC lot

7198 Hwy 61

COMMERCIAL (GENERAL)

7198 Hwy 61, Tofte, MN 55615

$260,000

Estimated value

1,790 sqft 0.41 AC lot

7125 Hwy 61

COMMERCIAL (GENERAL)

7125 Hwy 61, Tofte, MN 55615

$320,000

Estimated value

5,528 sqft 1.34 AC lot

233 Ski Hl Rd

HOTEL-RESORT

233 Ski Hl Rd, Tofte, MN 55615

$270,000

Estimated value

512 sqft 25.22 AC lot

7226 Shr Scenic Dr

COMMERCIAL (GENERAL)

7226 Shr Scenic Dr, Tofte, MN 55615

$275,000

Estimated value

672 sqft 2.15 AC lot

7197 Bayview Dr

COMMERCIAL (GENERAL)

7197 Bayview Dr, Tofte, MN 55615

$235,000

Estimated value

672 sqft 0.58 AC lot

1515 Honeymoon Trl

COMMERCIAL (GENERAL)

1515 Honeymoon Trl, Tofte, MN 55615

$165,000

Estimated value

1,132 sqft

Tofte, MN 55615

VACANT COMMERCIAL LAND

Tofte, MN 55615

$245,000

Estimated value

3.83 AC lot

7231 Shr Scenic Dr

COMMERCIAL (GENERAL)

7231 Shr Scenic Dr, Tofte, MN 55615

$1,680,000

Estimated value

26,446 sqft 5.32 AC lot

7235 Shr Scenic Dr

COMMERCIAL (GENERAL)

7235 Shr Scenic Dr, Tofte, MN 55615

$325,000

Estimated value

4,050 sqft 1.08 AC lot

Tofte, MN 55615

COMMERCIAL (GENERAL)

Tofte, MN 55615

$230,000

Estimated value

2.40 AC lot

65 Tofte Homestead Dr

COMMERCIAL (GENERAL)

65 Tofte Homestead Dr, Tofte, MN 55615

$240,000

Estimated value

0.39 AC lot

Tofte, MN 55615

COMMERCIAL (GENERAL)

Tofte, MN 55615

$170,000

Estimated value

1,020 sqft 1.00 AC lot

7213 Shr Scenic Dr

COMMERCIAL (GENERAL)

7213 Shr Scenic Dr, Tofte, MN 55615

$290,000

Estimated value

946 sqft 0.80 AC lot

Tofte, MN Commercial Real Estate Market Trends and Statistics

Explore 30 commercial real estate for sale in Tofte, MN on our real estate platform. These investment opportunities span a total of 5,528 square feet of properties for sale, with an estimated market value of $1,400,000.

Sale prices for business properties in Tofte, MN average $1,400,000 — 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 405

Population Growth (5Y) +113.2%

Median Household Income $60,893

College Educated 43.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
55615	$1.4M

Taxes & Financing

Tax Rate (average for all types) 1.96%

Property Tax per SF $85.37 per SF

Tax Rate vs County Average 0.38 pp above county avg

Average Loan-to-Value 65.0%

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