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    403 W Saint George Ave Grantsburg, WI 54840

    For Sale
    $650,000

    Commercial - Grantsburg, WI

    Lot size:
    0.86 Acres
    Days on Market:
    192
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 403 W Saint George Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    APN
    071312381915404000017000
    Parking features
    Driveway, Parking Lot
    Exterior features
    Wood
    Appliances
    Range, Refrigerator
    Lot size
    0.86 Acres

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1962
    Flooring type
    Carpet
    Architectural style
    Other

    RE/MAX Synergy (651) 248-2796 [email protected]

    Listing agent Miranda Clemens (651) 248-2796

    Listing date May 28, 2025

    MLS# 6674661 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Grantsburg Investment Opportunity

    This is an 8-unit apartment building located in Grantsburg, WI. Situated on a 0.86-acre lot, this turn-key property offers strong rental income and has seen numerous updates. The property is located in Burnett County. The zoning is Business/Commercial. The property presents extra income opportunities, including potential for storage revenue. With a solid tenant base and a well-maintained building, this is a fully operational, income-producing asset.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grantsburg
    County
    Burnett
    State
    Wisconsin
    Longitude
    -92.692911
    Latitude
    45.774704

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    FAQs

    What type of property is this?
    Apartment building - Cash-flowing 8-unit apartment building in high-demand rental market.
    Where is this apartment building located?
    The property is located at 403 W Saint George Ave Grantsburg, WI.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - High-demand rental market location; - **Strong rental income from 8 units**; - Turn-key and fully operational
    (651) 248-2796
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    403 W Saint George Ave Grantsburg, WI 54840
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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
    403 W Saint George Ave Grantsburg, WI 54840
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