Property profile

2011 Hwy 61 Grand Marais, MN 55604

OFF-MARKET
Commercial real estate
Property ID
US46-1727526
960 SF 1.3 ac lot Built 1990
Individually Owned Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1990
Construction WOOD FRAME
Total area 960 SF
Lot 1.3 ac (56,628 SF)
APN 53-160-0811
UPID US46-1727526

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Canoe & Kayak Rental Service Cabin Rental Agency
  • Hotel & Motel Bed & Breakfast

Location

2011 Hwy 61 Grand Marais, MN 55604-7501
Grand Marais metro Census 480200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$225k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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