45 Highway 2 Cohasset, MN 55721
- Retail properties
- 1,538 SF
- 0.54 lot acres
Current Use by Public Records
- Retail properties
Property Details for 45 Highway 2
- Lot size
- 0.54 lot acres
- Property size
- 1,538 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property presents a unique investment opportunity in Cohasset, Minnesota. Located at 45 E Highway 2, this 0.54-acre lot boasts a 1,538 square foot retail building. The property includes an established business, currently operating as Rockets Liquor, the only off-sale liquor store in Cohasset. Situated just four miles from Grand Rapids, MN, the property benefits from high daily traffic volume on busy US Highway 2, with thousands of vehicles passing daily. This established business has enjoyed nearly two decades of successful operation and includes all inventory and equipment. The sale includes the land, building, existing business, inventory, and equipment. The seller is open to considering a contract for deed. This is a rare chance to acquire a thriving business with significant growth potential in a desirable Northern Minnesota location. The property's strategic location on a major highway ensures high visibility and accessibility, making it an ideal investment for a savvy entrepreneur. The existing business provides a solid foundation for immediate returns, while the ample land offers potential for future expansion or development. This turnkey opportunity combines the benefits of a proven business model with the potential for long-term appreciation in a growing market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cohasset
- County
- Itasca
- State
- Minnesota
- Longitude
- -93.6155
- Latitude
- 47.2619
