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    202 2Nd St Nashwauk, MN 55769

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    For Sale
    $295,000

    Retail property with parking in Nashwauk, Minnesota, for sale.

    Property size:
    13,000 SF
    Lot size:
    0.65 Acres

    Property Features for 202 2Nd St

    General Information

    Size
    13,000 SF
    Lot size
    0.65 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

    Retail Property in Prime Location

    This retail property, formerly a market, features on-site parking and a corner location. The building has a size of 13000 square feet. Situated just off 169 between Grand Rapids and Hibbing, and surrounded by area lakes, this property may suit a variety of ventures.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashwauk
    County
    Itasca
    State
    Minnesota
    Longitude
    -93.078722
    Latitude
    47.398164

    Nearby Similar for Sale

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      Large Commercial Building in Nashwauk

      Over 9000 sq ft heated space with office potential.
      113-117 2Nd St, Nashwauk, MN 55769
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    • $34,900
      960 SF

      Commercial Garage in Nashwauk, MN

      24x40 garage with OH doors on a lot.
      215 Central Ave, Nashwauk, MN 55769
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    FAQs

    What type of property is this?
    Grocery and convenience store - Retail property with parking in Nashwauk, Minnesota, for sale.
    Where is this grocery and convenience store located?
    The property is located at 202 2Nd St Nashwauk, MN.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: - Affordable price makes this property a must-see.; - Prime corner location.; - Excellent on-site parking for customers and staff.
    (218) 310-0013
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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
    202 2Nd St Nashwauk, MN 55769
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