810 Highway 73 Floodwood, MN 55736
- Retail properties
- 0.55 lot acres
Current Use by Public Records
- Retail properties
Property Details for 810 Highway 73
- Year built
- 1956
- Lot size
- 0.55 lot acres
- Property type
- Retail properties
Description
This exceptional 6,580 square foot retail property located at 810 Hwy 73, Floodwood, MN, presents a unique investment opportunity. The building, situated on a 0.55-acre lot, has served as a thriving grocery store for over 70 years, establishing itself as a community cornerstone. The turnkey operation includes a sophisticated cooling system designed for optimal grocery storage, complemented by a heat reclamation system for energy efficiency. A substantial walk-in cooler, ample storage space, and a large parking lot enhance the property's functionality. Further adding to its versatility, a convenient loading dock is available, along with a two-bedroom, one-bathroom apartment located upstairs. The core commercial zoning allows for diverse uses beyond grocery retail, opening doors to a wide range of entrepreneurial ventures. The asking price is $199,000. This property offers a blend of established success and future potential, making it an attractive investment in a well-established Minnesota community. The substantial size and existing infrastructure provide a solid foundation for a variety of commercial uses. Don't miss this chance to acquire a piece of Floodwood's history and shape its future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Floodwood
- County
- St. Louis County
- State
- Minnesota
- Longitude
- -92.91438
- Latitude
- 46.9255