7 10Th St Grand Rapids, MN 55744
This exceptional commercial property, located at 7 SE 10th Street in Grand Rapids, Minnesota, presents a unique investment opportunity. The property encompasses a substantial 2.2-acre lot, providing ample space for various commercial ventures. The existing building offers nearly 15,000 square feet of versatile space, suitable for a wide range of uses, including retail or industrial operations. The property's zoning allows for flexibility in development and expansion. Its strategic location near Golf Course Road and Highway 169 South ensures high visibility and convenient access for customers and suppliers. The property's size and location make it ideal for businesses seeking significant space and prominent exposure in a thriving community. The asking price is $599,000. The property consists of two units, offering potential for multiple tenants or a single large-scale operation. This prime commercial land presents a rare chance to acquire a substantial property in a desirable location within Itasca County, Minnesota, zip code 55744. The property's expansive size and strategic location offer significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities this property offers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.