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    1202 NW 4Th St Grand Rapids, MN 55744

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    For Sale
    $795,000

    Highly visible retail property with open floor plan and parking.

    Property size:
    7,000 SF
    Lot size:
    0.52 Acres

    Property Features for 1202 NW 4Th St

    General Information

    Size
    7,000 SF
    Lot size
    0.52 Acres

    Source: Greg Follmer Commercial Real Estate Agent Greg Follmer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Highway Retail Opportunity

    This retail property is located in Grand Rapids, MN, and features a prime highway location. The building offers excellent visibility and a large parking lot. The property features an open floor plan. The building size is 7000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Goodwill Thrift Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Itasca
    State
    Minnesota
    Longitude
    -93.547726
    Latitude
    47.235669

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    FAQs

    What type of property is this?
    Retail property - Highly visible retail property with open floor plan and parking.
    Where is this retail property located?
    The property is located at 1202 NW 4Th St Grand Rapids, MN.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Prime highway location with high visibility; - Large parking lot available; - Excellent building condition
    (218) 310-0013
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    1202 NW 4Th St Grand Rapids, MN 55744
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    Grand Rapids, MN 55744
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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
    1202 NW 4Th St Grand Rapids, MN 55744
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