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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

45 Highway 2 Cohasset, MN 55721

1,538 SF 0.54 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,538 SF
Lot 0.54 ac (23,522 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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