23 Vermilion Blvd Cook, MN 55723

Property Details for 23 Vermilion Blvd

Year built

1962

Property size

2,832 SF

Property type

Commercial real estate

APN

120-0010-02590

APU

120001002590

Description

This unique commercial property, located at 23 Vermilion Boulevard in Cook, Minnesota, presents a compelling investment opportunity. Spanning over half a city block, this property boasts a prime location at the entrance to the renowned Lake Vermilion, offering exceptional visibility and accessibility. The 0.69-acre lot encompasses multiple buildings, providing ample space for a variety of commercial uses. One building currently houses a long-term tenant, generating existing income potential. The exact age of the structures is currently undetermined. The total square footage of all buildings combined is listed as 1 square foot, however, this figure requires further clarification and verification. This discrepancy highlights the need for a thorough on-site inspection to accurately assess the property's overall size and condition. Given its strategic location and the presence of an existing tenant, this property offers significant potential for growth and development. Investors seeking a unique commercial venture in a desirable location should seize this opportunity to explore the possibilities. The asking price is $124,500. Serious inquiries are encouraged to conduct due diligence and arrange a property viewing to fully evaluate the potential of this remarkable offering. This is a rare chance to acquire a substantial commercial holding in a picturesque and thriving Minnesota community. Further details regarding building specifications and lease agreements are available upon request.