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    FOR SALE
    Specialty properties

    4303 Highway 53 N, Orr, MN 55771

    2,016 SF 4.77 ac lot Built 1988
    Individually Owned 11-yr Hold Free & Clear
    Property ID
    US46-0575335
    Property summary
    AI-generated overview

    This exceptional 2,016 square foot commercial property boasts a highly desirable location on Highway 53, just south of Orr, Minnesota, and at the southern entrance to Voyageurs National Park. The building offers a blend of office and retail space, currently configured as a gift shop, making it ideal for a variety of businesses. Its strategic placement ensures maximum visibility to a consistent flow of traffic traveling to and from Orr, Crane, Kabetogama, Ash River, Rainy Lake, and Canada. The property includes 665 feet of Highway 53 frontage, guaranteeing significant exposure to potential customers. The building is handicap accessible, enhancing its usability and appeal. The expansive 4.77-acre lot provides ample space for expansion, parking, or outdoor activities. This turnkey opportunity presents a rare chance to establish a thriving business in a picturesque and high-traffic area. The asking price is $249,000. This property is ready for its next chapter.

    Property profile
    Verified
    Property type Specialty properties
    Use group CHARITABLE ORGANIZATION
    Year built 1988
    Total area 2,016 SF
    Lot 4.77 ac (207,781 SF)
    APN 425-0030-01185
    UPID US46-0575335
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    American Bear Assn · 11 yrs held
    American Bear Assn
    since 2014
    4 recorded transactions
    2014
    $55,000
    2013
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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