Lake Superior View Development
For Sale
$160,000
820 5th Ave W, Grand Marais, MN 55604
Development land with a built-in 1994 garage and extensive outdoor parking, plus utilities on or near the site.
Property Size936 SF
Price / SF$170.94
Days on Market111
Property Features for 820 5th Ave W
General Information
Standard status
Active
Size
936 SF
Property subtype
Land
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1.00
Building Details
Year Built
1994
Listing Agency:
Red Pine Realty
(218) 519-0446
Listed By:
Melissa Gregg
(218) 519-0446
Source:
Exprealty
Added: Apr 24
Changed: Aug 8
Last Checked: Jun 12 at 6:04PM
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 Red Pine Realty
Investment Insights
Based on property information with market context.
This development land offering includes an existing 936 sq ft garage built in 1994, with substantial outdoor parking space. The configuration allows for multiple development approaches, including the option to build a house, duplex, or apartment, with room to add a small house across the driveway from the garage. Additional site flexibility includes the possibility of relocating the garage doors to the west end of the garage to support a larger home layout.
The property also offers Lake Superior views. Electric is on site at the garage, and water and sewer are located in the adjacent street.
The lot is described as large enough to split into two parcels, and an apartment of up to 10 units may be possible with a conditional use permit. Options for development make this a strong fit for buyers looking for a flexible site plan with existing improvements already in place.
The property also offers Lake Superior views. Electric is on site at the garage, and water and sewer are located in the adjacent street.
The lot is described as large enough to split into two parcels, and an apartment of up to 10 units may be possible with a conditional use permit. Options for development make this a strong fit for buyers looking for a flexible site plan with existing improvements already in place.
Key Highlights
- Lake Superior view lot in Grand Marais with space for multiple development options
- Includes a 936 sq ft garage built in 1994
- Extensive outdoor parking space for vehicles
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Development land with a built-in 1994 garage and extensive outdoor parking, plus utilities on or near the site.
Where is this waterfront land located?
The property is located at 820 5th Ave W Grand Marais, MN.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Lake Superior view lot in Grand Marais with space for multiple development options; Includes a 936 sq ft garage built in 1994; Extensive outdoor parking space for vehicles
