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    80 W 4Th St Rush City, MN 55069

    View on Map
    Sponsored
    For Sale
    Pending
    $550,000

    Commercial - Rush City, MN

    Lot size:
    1.75 Acres
    Days on Market:
    13
    Last Refresh:
    Mar 7 at 11:06 pm

    Property Features for 80 W 4Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Business/Commercial
    APN
    170041400
    Parking features
    Driveway, Garage, Guest, Paved or Surfaced
    Exterior features
    Brick/Stone
    Lot size
    1.75 Acres

    Utilities

    Heating system
    Forced Air, Other (Heating)
    Cooling system
    Ductless
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1896
    Flooring type
    Carpet, Tile, Vinyl, Wood
    Architectural style
    Other

    We can help!

    Listing Contact
    Carrie L Gibbs
    Carrie L Gibbs

    CENTURY 21 Moline Realty, Inc. (763) 689-3593

    Listing agent Carrie L Gibbs (763) 689-3593

    Listing date Feb 23, 2026

    MLS# 6793207 Listing URL

    Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Historic Grant House Hotel Investment

    The Historic Grant House Hotel, a restored 7,500± square foot 3-story brick landmark, offers an investment opportunity. Built in 1880 and rebuilt in 1896, this property is listed on the Registry of Historic Places. The hotel features 11 private guest rooms and bathrooms, each appointed with designer wallcoverings, antique furnishings, Victorian pedestal sinks, noise-reduction systems, and in-room climate controls. Guest rooms also include rain showers, hypoallergenic linens, Smart TVs, USB charging ports, mini-fridges, and complimentary WiFi. A second-floor coffee and tea bar enhances the atmosphere, while wraparound porches, private balconies, and common areas provide spaces for relaxation. The property includes a full-service leased restaurant, currently operated by The Fort, known for its cuisine and cocktails. The hotel is a destination for wedding parties and weekend getaways, located 50 minutes north of the Twin Cities. The Grant House Hotel offers a timeless appeal and modern amenities. The property sits on a 1.75-acre lot and is zoned for Business/Commercial use. It is located in Rush City, MN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grant House Hotel Hotel & Motel Heritage Hospitality Holdings, ... Catering Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Rush City
    County
    Chisago
    State
    Minnesota
    Longitude
    -92.961877
    Latitude
    45.684539

    Nearby Similar for Sale

    • $120,000
      0.24 Acres

      Historic Building in Rush City

      Two-story commercial building with historic character and modern opportunity.
      155 W 4Th St, Rush City, MN 55069
      View Details
    • $1,250,000
      2.19 Acres

      Turnkey Bowling Alley & Entertainment Center

      Premier entertainment venue in Rush City, ready for immediate operation.
      1270 W 3Rd St, Rush City, MN 55069
      View Details

    FAQs

    What type of property is this?
    Hotel - Restored 1800s hotel with modern amenities and leased restaurant.
    Where is this hotel located?
    The property is located at 80 W 4Th St Rush City, 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: - Historic landmark hotel built in 1896, on the Registry of Historic Places, a unique investment.; - Fully functioning, income-generating hospitality property with a 120+ year history.; - Eleven uniquely appointed guest rooms each with private bathrooms, designer wallcoverings, antique furnishings, and modern amenities.
    (763) 245-6431
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    80 W 4Th St Rush City, MN 55069
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    We can help!
    Listing Contact
    Carrie L Gibbs
    Carrie L Gibbs
    (763) 245-6431 (763) 689-3593
    Learn more
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