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    5 River St Cook, MN 55723

    For Sale
    $50,000

    Prime location, build your business!

    Property size:
    1 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 0.4-acre lot is situated on a prime corner in downtown Cook, Minnesota, at 5 S River Street. The property offers significant potential for a new business venture, boasting ample space for construction and the inclusion of a dedicated parking lot. Its central location within the Cook business district ensures high visibility and accessibility for customers. The lot's size provides flexibility in design and development, allowing for a variety of building options to suit diverse business needs. The address, 5 S River Street, places the property in a high-traffic area, maximizing exposure and potential customer reach. This presents a unique opportunity for entrepreneurs seeking a prominent location to establish their business. The existing zoning regulations should be independently verified to ensure compliance with any planned development. The asking price of $50,000 represents a compelling investment opportunity in a thriving community. This is a rare chance to acquire a prime commercial lot in a desirable downtown location. Don't miss this chance to secure a foothold in the heart of Cook. The property is sold as-is.

    Property Features for 5 River St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1 SF
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cook
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.68933
    Latitude
    47.85333

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, build your business!
    Where is this commercial real estate located?
    The property is located at 5 River St Cook, MN.
    What is the asking price?
    The asking price for this property is $50,000.
    (218) 666-5352
    Request Owner's contact information
    5 River St Cook, MN 55723
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    Cook, MN 55723
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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
    5 River St Cook, MN 55723
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