111 Golf Course RdGrand Rapids, MN 55744

  • Other commercial real estate
  • 2.78 AC
For Lease
$14/SF/YR View listing

Property Details for 111 Golf Course Rd

Lot size
2.78 AC
Property type
Other commercial real estate
APN
91-028-2227
APU
910282227

Description

This exceptional two-story, 5,660 square foot office building, constructed in 1906 and renovated in 2002, presents a unique investment opportunity. Currently classified as a Class B property, it features five individual suites, with one suite totaling 326 square feet currently available for lease. The building boasts a total of 28 parking spaces, providing convenient access for tenants and their clients. Its location offers significant advantages, situated near a hospital and new residential developments, ensuring high visibility and accessibility. The building's traditional office layout is adaptable to various professional needs, including executive and medical office uses. The building is comprised of one structure with no elevators. The property is located in Itasca County and offers a blend of historic charm and modern functionality, making it an ideal space for businesses seeking a well-established presence in a growing area. The multiple tenancy structure provides flexibility for various business sizes and needs. This is a rare opportunity to secure space in a well-maintained building with ample parking and a prime location. Don't miss out on this chance to establish your business in a thriving community.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $25,484,072
    Hospitality
    $23,343,274
    Educational
    $19,421,330
    Medical
    $20,089,258
    Retail
    $30,210,958
111 Golf Course Rd, Grand Rapids, Minnesota
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Location Insight

City
Grand Rapids
County
Itasca
State
Minnesota
Latitude
47.2216
Longitude
-93.5324
CBSA code
24330
CBSA name
GRAND RAPIDS, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,988
$197,600
$303,500
$501,100
-
$197,600
$303,500
$501,100

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