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Grand Rapids, MN

Mixed-Use

Grand Rapids, MN Mixed-use Properties for Sale

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Deer River, MN Coleraine, MN Cohasset, MN Bovey, MN Calumet, MN Hill City, MN Pengilly, MN Goodland, MN

Duplex With Separate Business Unit

Updated: Apr 10, 2025

Duplex With Separate Business Unit

32969 Laplant Road, Grand Rapids, MN 55744

$550,000

5,040 sqft 5.00 AC lot

5‑acre property with a 5,040‑square‑foot building
Two residential rental units plus a separate business unit
Updates include HVAC, electrical, siding, flooring, paint, and a newer roof
Located on Hwy 169 south of Grand Rapids
Ample parking with private water and private sewer

Mixed-Use Property with Rental Units

Updated: May 26

Mixed-Use Property with Rental Units

3296x Laplant Road, Grand Rapids, MN 55744

$550,000

5‑acre mixed‑use property along Hwy 169 south of Grand Rapids
Two updated residential rental units plus a separate business unit
Recent HVAC, electrical, siding, flooring, paint, and roof improvements
Comm zoning supports the mixed‑use configuration
Highway exposure with ample parking and garage

See what stands out in Itasca County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 44 Potential Opportunities for your consideration. Besides 2 Active listings in Grand Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 38 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Bar with Upstairs Apartment

Historic Bar with Upstairs Apartment

301 Grant Ave, Eveleth, MN 55734

$79,000

6,960 sqft

1906 commercial building combines a finished bar area with a two-bedroom upper-level apartment.

Mixed-Use Property with Apartments

Mixed-Use Property with Apartments

127 1st St S, Virginia, MN 55792

$125,000

7,300 sqft

Combined commercial and residential space supports business operations alongside on-site apartment living.

Mixed-Use Property with Dental Office

Mixed-Use Property with Dental Office

202 S 5th Ave S, Virginia, MN 55792

$225,000

Two-level mixed-use building with a dental office and a three-bedroom apartment.

Historic Bar With Apartment

Historic Bar With Apartment

301 Grant Ave, Eveleth, MN 55734

$79,000

Main-level bar space combines original architectural details with updated restrooms and additional storage capacity.

Off-Market Properties in Grand Rapids, MN

Consider similar Off-Market properties in Grand Rapids, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

508 10th St

OFFICE/RESIDENTIAL (MIXED USE)

508 10th St, Grand Rapids, MN 55744-3921

$245,000

Estimated value

0.63 AC lot

210 Pokegama Ave

OFFICE/RESIDENTIAL (MIXED USE)

210 Pokegama Ave, Grand Rapids, MN 55744-2723

$130,000

Estimated value

0.09 AC lot

515 Pokegama Ave

OFFICE/RESIDENTIAL (MIXED USE)

515 Pokegama Ave, Grand Rapids, MN 55744-3848

$105,000

Estimated value

944 sqft 0.21 AC lot

412 4th St

OFFICE/RESIDENTIAL (MIXED USE)

412 4th St, Grand Rapids, MN 55744-2921

$215,000

Estimated value

5,300 sqft 0.17 AC lot

407 1st Ave

OFFICE/RESIDENTIAL (MIXED USE)

407 1st Ave, Grand Rapids, MN 55744-2617

$225,000

Estimated value

3,873 sqft 0.09 AC lot

1420 4th St

OFFICE/RESIDENTIAL (MIXED USE)

1420 4th St, Grand Rapids, MN 55744-2212

$270,000

Estimated value

0.86 AC lot

200 Pokegama Ave

OFFICE/RESIDENTIAL (MIXED USE)

200 Pokegama Ave, Grand Rapids, MN 55744-2723

$265,000

Estimated value

6,654 sqft 0.15 AC lot

27516 Danson Dr

OFFICE/RESIDENTIAL (MIXED USE)

27516 Danson Dr, Grand Rapids, MN 55744

$305,000

Estimated value

2,520 sqft 3.33 AC lot

10 3rd St

OFFICE/RESIDENTIAL (MIXED USE)

10 3rd St, Grand Rapids, MN 55744-2711

$295,000

Estimated value

0.04 AC lot

505 3rd Ave

OFFICE/RESIDENTIAL (MIXED USE)

505 3rd Ave, Grand Rapids, MN 55744-2582

$225,000

Estimated value

1,423 sqft 0.16 AC lot

29755 State Hwy 38

OFFICE/RESIDENTIAL (MIXED USE)

29755 State Hwy 38, Grand Rapids, MN 55744-6611

$55,000

Estimated value

2.52 AC lot

1893 Hwy 2nd 2

OFFICE/RESIDENTIAL (MIXED USE)

1893 Hwy 2nd 2, Grand Rapids, MN 55744-3278

$950,000

Estimated value

1.60 AC lot

502 5th Ave

OFFICE/RESIDENTIAL (MIXED USE)

502 5th Ave, Grand Rapids, MN 55744-2511

$175,000

Estimated value

0.16 AC lot

400 Wittman Dr

OFFICE/RESIDENTIAL (MIXED USE)

400 Wittman Dr, Grand Rapids, MN 55744-3301

$140,000

Estimated value

1,200 sqft 0.92 AC lot

702 4th St

OFFICE/RESIDENTIAL (MIXED USE)

702 4th St, Grand Rapids, MN 55744-2351

$315,000

Estimated value

0.83 AC lot

Grand Rapids, MN 55744

OFFICE/RESIDENTIAL (MIXED USE)

Grand Rapids, MN 55744

$255,000

Estimated value

0.83 AC lot

415 8th Ave

OFFICE/RESIDENTIAL (MIXED USE)

415 8th Ave, Grand Rapids, MN 55744-2357

$250,000

Estimated value

0.32 AC lot

19004 Riv Rd

OFFICE/RESIDENTIAL (MIXED USE)

19004 Riv Rd, Grand Rapids, MN 55744-7195

$305,000

Estimated value

6.44 AC lot

769 Trout Lk Rd

OFFICE/RESIDENTIAL (MIXED USE)

769 Trout Lk Rd, Grand Rapids, MN 55744-9241

$285,000

Estimated value

10.04 AC lot

1120 4th St

OFFICE/RESIDENTIAL (MIXED USE)

1120 4th St, Grand Rapids, MN 55744-2251

$250,000

Estimated value

0.36 AC lot

1320 Us Hwy 169

OFFICE/RESIDENTIAL (MIXED USE)

1320 Us Hwy 169, Grand Rapids, MN 55744-3237

$255,000

Estimated value

0.25 AC lot

Grand Rapids, MN 55744

OFFICE/RESIDENTIAL (MIXED USE)

Grand Rapids, MN 55744

$285,000

Estimated value

2,160 sqft 0.37 AC lot

Grand Rapids, MN Mixed-Use Properties Market Trends and Statistics

Explore 40 mixed-use properties for sale in Grand Rapids, MN on our real estate platform. These investment opportunities span a total of 5,040 square feet of properties for sale, with an estimated market value of $1,100,000.

Sale prices for multi use buildings in Grand Rapids, MN average $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 20K

Population Growth (5Y) +0.6%

Median Household Income $68,213

College Educated 13.7%

High-Yield Neighborhoods for Investment

Identify Grand Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
55744	$550K

Taxes & Financing

Tax Rate (average for all types) 2.87%

Property Tax per SF $24.20 per SF

Average Loan-to-Value 65.0%

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