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Multi-Use Commercial Industrial Property
For Sale
Contact for pricing
Pending

1887 E Hwy 2, Grand Rapids, MN 55744

Expansive multi-building site with service bays, showroom, office space, and a paved parking area.

Property SizeContact for details
Lot Size2.40 Acres
Days on Market149

Property Features for 1887 E Hwy 2

General Information

Standard status Pending
Lot size 2.40 Acres
Property subtype Multifamily, Industrial

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Re/Max Thousand Lakes
Listed By: Doug Aitken · License #MN
Source: Crexi
Added: Apr 11 Changed: Aug 21 Last Checked: Sep 3 at 10:29AM

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 Re/Max Thousand Lakes

Investment Insights

Based on property information with market context.

This expansive multi-use commercial/industrial property is situated on 2.4 acres and includes multiple income-producing components. The main building offers 6,800 SF of service bay facilities with 14’ overhead doors and separate enclosed service areas, along with a managers veranda. It also includes 3,000 SF of clean, modern showroom space with 4+ offices, bathrooms, and storage areas. A second unit provides 7,200 SF of updated office space with over 15 separate office spaces, with portions currently leased. The third component is a 15-unit “Morton” storage building.

All units are supported by 49,000 SF of paved parking, designed for heavy on-site vehicle access and day-to-day operations. The property also features prime frontage on Highway 2 East coming into Grand Rapids.

With service, office, and storage uses in place and paved parking throughout, the site is configured for flexible commercial and industrial operations under one ownership structure.

Key Highlights

  • Multi‑use commercial/industrial property on 2.4 acres with prime frontage on Highway 2 East into Grand Rapids
  • Main building includes 6,800 SF service bay facilities with 14’ overhead doors and separate enclosed service areas
  • Main building also offers 3,000 SF clean showroom space with 4+ offices, bathrooms, and storage areas

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Kitchen & Bath Showroom Building Supply (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55744, MN

20,096
Population
9,733
Households
2.1
Avg Household Size
45
Median Age
30%
College-Educated
95%
High-School Grad
239.4 sq mi
ZIP Area
84
Density / Sq Mi
$68,213
Median Household Income
$39,232
Median Earnings
$1,014
Median Rent
$232,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Expansive multi-building site with service bays, showroom, office space, and a paved parking area.
Where is this flex space located?
The property is located at 1887 E Hwy 2 Grand Rapids, MN.
What are key features of this property?
This property features: Multi‑use commercial/industrial property on 2.4 acres with prime frontage on Highway 2 East into Grand Rapids; Main building includes 6,800 SF service bay facilities with 14’ overhead doors and separate enclosed service areas; Main building also offers 3,000 SF clean showroom space with 4+ offices, bathrooms, and storage areas
More about this property
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