Advertise
    Tofte, MN
    Retail

    Tofte, MN Retail Properties & Spaces for Sale

    Notify Me
    List
    Map
    Schroeder, MN Lutsen, MN Grand Marais, MN Finland, MN Little Marais, MN Isabella, MN
    Grocery and Liquor Store Building
    Updated: May 29
    Grocery and Liquor Store Building

    7125 W Highway 61, Tofte, MN 55615

    $1,400,000
    5,528 sqft
    Tofte General Store for sale with grocery store and liquor store operations on Highway 61
    Building originally built in 1962 with 4 additions, including additions in 2020 and remodel in 2024
    Block construction with steel beams and steel roof added in 2018
    Loading dock designed for operations
    Updates include new coolers, updated POS system, and an owned ATM
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Tofte, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flex Space With Multiple Outbuildings
    Flex Space With Multiple Outbuildings

    83 Outer Dr, Silver Bay, MN 55614

    $275,000
    4,000 sqft

    Multiple buildings support retail, service, office, and storage uses.

    View details
    Mixed-Use Property with Storage Buildings
    Mixed-Use Property with Storage Buildings

    83 Outer Dr, Silver Bay, MN 55614

    $275,000

    Flexible commercial improvements support retail, service, and office uses with on-site parking and central air conditioning.

    View details
    Downtown Retail Storefront
    Downtown Retail Storefront

    8 W 1st Ave, Grand Marais, MN 55604

    Contact for pricing

    Storefront space in a year-round retail area near the harbor and Highway 61.

    View details
    Commercial Office and Retail Building
    Commercial Office and Retail Building

    1807 W Highway 61, Grand Marais, MN 55604

    Contact for pricing

    Commercial building on the Hwy 61 corridor with off-street parking and 1,100+ sq. ft. for office use or retail conversion.

    View details

    Tofte, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces for sale in Tofte, MN on our real estate platform. These investment opportunities span a total of 5,528 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for stores in Tofte, MN average $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Grocery and convenience stores 1

    Demographics Overview

    Population 405
    Population Growth (5Y) +113.2%
    Median Household Income $60,893
    College Educated 43.0%

    High-Yield Neighborhoods for Investment

    Identify Tofte submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55615 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.96%
    Property Tax per SF $85.37 per SF
    Tax Rate vs County Average 0.38 pp above county avg
    Average Loan-to-Value 65.0%

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Retail properties & Spaces for Sale Near Tofte, MN

    Popular Searches in Tofte, MN

    Most Searched ZIP Codes in Tofte, MN

    • 55615

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!