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29-Unit Assisted Living Facility
For Sale
$2,899,000

4576 Lake Street, Orr, MN 55771

Commercial Sale, Orr, MN

Property SizeContact for details
Lot Size3.65 Acres
Days on Market180

Property Features for 4576 Lake Street

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Residential-Multi-Family
Parking features Covered, Driveway
Accessibility Accessible Approach with Ramp
Subdivision Orr Lands In The City
Lot features Tree Coverage - Medium
High school district St. Louis County
Directions Old US Hwy 53 to Lake Street to Property
Standard status Active
APN 180005000120
Lot size 3.65 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 21468

Utilities

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

Building Details

Year built 2013
Roof type Shingle
Listing Agency: Eos Realty, LLC
Listed By: Kristopher G. Jacobsen
Added: Apr 13 Changed: Oct 8 Last Checked: Oct 9 at 3:06PM
MLS# 7054565

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 29-unit assisted living facility contains more than 19,000 square feet on a 3.65-acre parcel. Built in 2013, the property includes a commercial-grade kitchen, central air, and covered parking. An accessible approach ramp is also present.

The facility is located at 4576 Lake Street in Orr, Minnesota, near Pelican Lake. The property’s existing configuration and features are suited to its assisted living facility classification.

Key Highlights

  • 29‑unit assisted living facility
  • More than 19,000 square feet on 3.65 acres
  • Built in 2013

Property Analytics

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Current Use

Carefree Living Orr Nursing Home

Suggested Use

Top Pick Building Supply Storage Facility Bakery (Bike/Boat/Book/etc) Store Parking Lot & Garage Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

61
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55771, MN

1,485
Population
1,904
Households
0.8
Avg Household Size
53
Median Age
21%
College-Educated
92%
High-School Grad
1,115.4 sq mi
ZIP Area
1
Density / Sq Mi
$65,893
Median Household Income
$27,163
Median Earnings
$850
Median Rent
$167,700
Median Home Value
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Similar Off Market Nearby

  • Carefree Living Orr — 4576 Lake St, Orr, MN 55771

Frequently Asked Questions

What type of property is this?
Assisted living facility - A commercial-grade kitchen is among the facility’s existing improvements.
Where is this assisted living facility located?
The property is located at 4576 Lake Street Orr, MN.
What is the asking price?
The asking price for this property is $2,899,000.
What are key features of this property?
This property features: 29‑unit assisted living facility; More than 19,000 square feet on 3.65 acres; Built in 2013
More about this property
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