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Mixed-Use Property with Rental Units
For Sale
$550,000

3296x Laplant Road, Grand Rapids, MN 55744

COMMERCIAL - Grand Rapids, MN

Property SizeContact for details
Lot Size5.00 Acres
Days on Market93

Property Features for 3296x Laplant Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Comm
Parking features Garage
Lot features Corner Lot
Subdivision Nashwauk/Keewatin/Itasca County
Standard status Active
Lot size 5.00 Acres

Utilities

Heating system Forced Air
Listing Agency: Keller Williams Classic Realty · Keller Williams Realty
Listed By: Brian Johnson
Added: May 26 Changed: Aug 4 Last Checked: Aug 26 at 4:06PM
MLS# 147918

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This mixed-use property spans 5 acres and includes two updated residential rental units alongside a distinct space for business use. Recent improvements include HVAC, electrical work, siding, flooring, paint, and a newer roof. Forced-air heating and garage parking are also provided.

Positioned south of Grand Rapids along Hwy 169, the property offers direct highway exposure and ample parking. It carries Comm zoning and combines residential income components with a dedicated commercial area. The seller may also consider a long-term lease arrangement.

Key Highlights

  • 5‑acre mixed‑use property along Hwy 169 south of Grand Rapids
  • Two updated residential rental units plus a separate business unit
  • Recent HVAC, electrical, siding, flooring, paint, and roof improvements

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 55744, MN

20,096
Population
9,733
Households
2.1
Avg Household Size
45
Median Age
30%
College-Educated
95%
High-School Grad
239.4 sq mi
ZIP Area
84
Density / Sq Mi
$68,213
Median Household Income
$39,232
Median Earnings
$1,014
Median Rent
$232,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Updated residential units accompany a separate business space with highway exposure and on-site parking.
Where is this mixed-use property located?
The property is located at 3296x Laplant Road 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: 5‑acre mixed‑use property along Hwy 169 south of Grand Rapids; Two updated residential rental units plus a separate business unit; Recent HVAC, electrical, siding, flooring, paint, and roof improvements
More about this property
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