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    Property profile & analytics

    107 SE 10Th St Grand Rapids, MN 55744

    • Investment properties
    • 0.35 lot acres
    For Sale
    View listing
    $65,000
    Value Estimation
    Location Intelligence
    Property ID
    US46-2169748
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Denver Chiropractic Clinic PA / Chiropractor
    • Fashion To Fit / Tailor
    • Toonstra Psychological Services / Psychologist

    Property Details for 107 SE 10Th St

    Lot size
    0.35 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    91-490-0764
    APU
    914900764

    Description

    This exceptional business opportunity in Grand Rapids, Minnesota, presents a chance to acquire a well-established clothing alterations and repair shop. Located at 107 SE 10th Street, 55744, this 384-square-foot retail space has served a loyal clientele for 20 years, building a strong reputation for quality service and customer trust. The business boasts consistent revenue and offers a variety of services including hemming, zipper replacement, patching, and more. The asking price for this turnkey operation is $65,000. A skillset in sewing is highly recommended for prospective buyers. The current owner is committed to a smooth transition and is willing to assist the new owner to ensure continued success. This is a rare opportunity to own a profitable, established business with a proven track record in a desirable location. The property itself is a retail space, and the sale includes the established business only; no land is included in the sale. This is an excellent opportunity for an experienced tailor or someone looking to enter the retail sector with a pre-existing customer base. The business is ready for a new owner to continue its legacy of success. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $370,000
      6.5%
      $370,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $360,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $465,000
      Retail
      $350,000
      Mixed-Use
      $345,000
      Hospitality
      $465,000
      Educational
      $355,000
      Residential Income
      $360,000
      Energy
      $450,000
      Income-Based Land
      $365,000
      Food Service
      $385,000

    Location Insight

    • Map
    • Local Demand
    City
    Grand Rapids
    County
    Itasca
    State
    Minnesota
    Longitude
    -93.5275
    Latitude
    47.2214
    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
    $5,342
    $84,900
    $116,100
    $201,000
    -
    $84,900
    $116,100
    $201,000

    Comparable in this City

    • Value Estimation by Request
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      400 Wittman Dr

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      412 4th St

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    • Value Estimation
      $310,000
      0.32 Acres

      415 8th Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.32 Acres
      415 8th Ave, Grand Rapids, MN 55744-2357
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    • Value Estimation
      $345,000
      2,880 SF

      35892 Bass Lk Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,880 SF
      35892 Bass Lk Rd, Grand Rapids, MN 55744-5484
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    • Value Estimation
      $395,000
      6,654 SF

      200 Pokegama Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 6,654 SF
      200 Pokegama Ave, Grand Rapids, MN 55744-2723
      View Details

    Similar Nearby for Sale

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    • $65,000

      Established Alteration Business For Sale

      Profitable alteration business with loyal customer base in Grand Rapids.
      107 SE 10Th St, Grand Rapids, MN 55744
      View Details
    • $950,000
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      Grand Rapids Commercial/Industrial Property

      Versatile commercial property with warehouse and office space in Grand Rapids.
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      5.3 Acres Buildable Land

      5.3 acres of buildable land with easy access.
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    Similar Nearby for Lease

    • $13 SF/Yr
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      Downtown Office Space Available

      Private office with reception area in downtown Grand Rapids.
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    • Contact for pricing
      3,600 SF

      Retail Space in Grand Rapids

      Retail spaces available in Grand Rapids' retail business district.
      1200 S Pokegama Ave, Grand Rapids, MN 55744
      View Details
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    107 SE 10Th St
    Grand Rapids, MN 55744
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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