45 Highway 2 Cohasset, MN 55721
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.
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.