Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Commercial real estate

    10 Highway 53 S, Cook, MN 55723

    5,328 SF Built 1979
    Individually Owned 1-yr Hold Absentee Owner Free & Clear
    Property ID
    US46-0526556
    Property summary
    AI-generated overview

    This exceptional 8,640 square foot commercial property, situated on a 0.65-acre corner lot in Cook, Minnesota, presents a remarkable investment opportunity. Located on Highway 53, this high-visibility site enjoys excellent traffic flow and boasts city water and sewer connections. The building, previously used as a dealership, offers substantial space adaptable to a variety of commercial uses. Its strategic location across the highway from McDonald's and Lucky Seven ensures high visibility and convenient access for customers. The property's proximity to the popular Lake Vermilion area further enhances its appeal and potential for attracting a diverse clientele. The expansive 8,640 square foot building provides ample room for operations, storage, or expansion. The 0.65-acre lot allows for ample parking and potential for future development. This property is ideal for entrepreneurs seeking a well-established location with significant growth potential in a thriving community. A 3D tour is available for a comprehensive virtual viewing. Detailed information and specifications are available upon request. Don't miss this chance to acquire a prime commercial property in a desirable location. Contact us today to schedule a showing.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1979
    Total area 5,328 SF
    APN 120-0010-01720
    UPID US46-0526556
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Lee R Gustafson · 1 yrs held
    Lee R Gustafson
    since 2025
    2 recorded transactions
    2025
    2025
    $42,381
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message