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Level Commercial Land with Workshop
For Sale
$265,000
Pending

120 Gunflint Trl, Grand Marais, MN 55604

HMU-zoned parcel includes an existing workshop and level terrain.

Property SizeContact for details
Days on Market62

Property Features for 120 Gunflint Trl

General Information

Standard status Pending
Property subtype Land

Taxes and HOA fees

Annual Taxes $6,600
Listing Agency: TimberWolff Realty LLC
Listed By: John Oberholtzer · License #20444210
Source: Exprealty
Added: Jun 12 Changed: Aug 4 Last Checked: Aug 11 at 12:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TimberWolff Realty LLC

Investment Insights

Based on property information with market context.

This commercial land parcel encompasses approximately 25,840 square feet, or 0.59 acres, with an existing workshop and generally level ground. The property is designated HMU zoning within the City of Grand Marais, providing a framework for future land-use planning. The parcel is located at 120 Gunflint Trl in Grand Marais, Minnesota.

Utility easements are being explored and, if added, would be arranged to help address the cost of bringing utilities to the site. Any future utility work would be at the buyer’s expense. The existing workshop and zoning designation provide the key physical and planning characteristics for evaluating the property.

Key Highlights

  • Approximately 25,840 square feet, or 0.59 acres
  • Existing workshop on the parcel
  • HMU zoning in the City of Grand Marais

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Electrical Service Storage Facility Pharmacy Veterinary Clinic Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 55604, MN

3,661
Population
3,412
Households
1.1
Avg Household Size
54
Median Age
49%
College-Educated
98%
High-School Grad
817.8 sq mi
ZIP Area
4
Density / Sq Mi
$71,458
Median Household Income
$40,123
Median Earnings
$1,036
Median Rent
$307,100
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - HMU-zoned parcel includes an existing workshop and level terrain.
Where is this commercial land located?
The property is located at 120 Gunflint Trl Grand Marais, MN.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Approximately 25,840 square feet, or 0.59 acres; Existing workshop on the parcel; HMU zoning in the City of Grand Marais
More about this property
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