10 Highway 53 S, Cook, MN 55723
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.