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    4576 Lake St Orr, MN 55771

    For Sale
    $2,999,000

    Commercial - Orr, MN

    Lot size:
    3.65 Acres
    Days on Market:
    249
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 4576 Lake St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Multi-Family
    APN
    180005000120
    Parking features
    Driveway
    Exterior features
    Brick/Stone, Cement Board
    Lot size
    3.65 Acres

    Utilities

    Heating system
    Geothermal (Heating), Hot Water (Heating), Radiant
    Cooling system
    Central Air

    Building Details

    Year built
    2013
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Eos Realty, LLC (651) 330-3359 [email protected]

    Listing agent Kristopher G. Jacobsen (651) 330-3359

    Listing date Apr 7, 2025

    MLS# 6202684 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

    Orr, MN Assisted Living Facility

    Located in Orr, Minnesota, this property offers an opportunity in a location near Pelican Lake. The turn-key facility features 29 units and is situated on 3.65 acres. Previously operated as an assisted living facility, the property provides potential for various uses. Constructed in 2013, the meticulously maintained building encompasses over 19,000 square feet and includes a commercial-grade kitchen. The zoning is Residential-Multi-Family.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carefree Living Orr Assisted Living Facility

    Suggested Use

    Realty agency Building Supply Hotel & Motel Food Market Storage Facility Grocery Store Discount Store Pawn Shop Bakery Wine and Liquor Store

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

    Similar Places Nearby

    Carefree Living Orr

    Location Insight

    • Map
    • Local Demand
    City
    Orr
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.82840668
    Latitude
    48.05642506

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    FAQs

    What type of property is this?
    Assisted living facility - Turn-key 29-unit assisted living facility on 3.65 acres.
    Where is this assisted living facility located?
    The property is located at 4576 Lake St Orr, MN.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: - Turn-key 29-unit facility on 3.65 acres.; - Pristine location right off Pelican Lake in Orr, MN.; - Meticulously maintained facility built in 2013.
    (651) 330-3359
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    4576 Lake St Orr, MN 55771
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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
    4576 Lake St Orr, MN 55771
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