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    32969 Laplant Rd Grand Rapids, MN 55744

    For Sale
    $550,000

    Multi-Family - GRAND RAPIDS, MN

    Property size:
    3,384 SF
    Days on Market:
    248
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 32969 Laplant Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi
    Rooms
    Basement
    APN
    196350063, 196350053
    Parking features
    Parking Lot
    Basement Y/N
    1
    Size
    3,384 SF

    Building Details

    Year built
    1963
    Number of units
    3
    Roof type
    Metal, See Remarks
    Architectural style
    Other

    Keller Williams Classic Realty (763) 746-4900

    Listing agent Brian Johnson (763) 746-4900

    Listing date Apr 10, 2025

    MLS# 147919 Listing URL

    Copyright © 2025 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grand Rapids Mixed-Use Property

    This mixed-use property is located on 5 acres south of Grand Rapids, Minnesota, on Highway 169. It features two updated residential rental units ready for cash flow, along with a separate unit suitable for a business. Recent updates include HVAC, electrical systems, siding, flooring, paint, and a newer roof. The property offers visibility from Highway 169 and ample parking. The property size is 3384 square feet. The seller would consider a long-term lease.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel Kitchen & Bath Accounting Firm Storage Facility Electrical Service Wine and Liquor Store Plumbing Service Italian Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Itasca
    State
    Minnesota
    Longitude
    -93.554968
    Latitude
    47.15281

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    FAQs

    What type of property is this?
    Mixed-use property - Updated mixed-use property on 5 acres with highway visibility.
    Where is this mixed-use property located?
    The property is located at 32969 Laplant Rd Grand Rapids, MN.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Prime business opportunity on 5 acres with HIGH VISIBILITY on Hwy 169.; - Two updated residential rental units provide immediate cash flow.; - Separate unit available for a business.
    (763) 746-4900
    Request Owner's contact information
    32969 Laplant Rd Grand Rapids, MN 55744
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    Grand Rapids, MN 55744
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    32969 Laplant Rd Grand Rapids, MN 55744
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