110 Highway 53, Cook, MN 55723
For Sale
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This exceptional .45-acre commercial property in Cook, Minnesota, presents a unique investment opportunity. Located on a prime corner lot at 110 S Highway 53, the property boasts an impressive 158 feet of highway frontage, ensuring high visibility and accessibility. The existing structures include a former car wash building, a one-bedroom, three-quarter bath home, and a detached garage. Ample parking is available, accommodating five to ten vehicles. While the buildings require some updating and tender loving care, the potential for various business ventures is significant. The property's commercial zoning allows for a wide range of uses, making it an ideal canvas for an entrepreneur's vision. The 868 square foot home offers immediate occupancy potential, while the additional structures provide versatile space for expansion or adaptation. This is a rare chance to acquire a well-located commercial property with substantial highway frontage in a thriving community. The property's size and location make it an attractive investment for those seeking a high-impact commercial presence in Cook, MN. Serious inquiries are encouraged to explore the possibilities this unique property offers. The asking price is $139,500.
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.