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    Grand Rapids, MN Retail Space for Sale

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    Cohasset, MN Coleraine, MN Bovey, MN
    Office and Retail Building with Elevator
    $1,970,000
    12,620 SF
    Office and Retail Building with Elevator

    225 SE 21st St, Grand Rapids, MN 55744

    A high-visibility building with elevator service and a drive-in door, well-suited for office, retail, or a blended setup.
    • High‑visibility building on the Hwy 169 retail corridor
    • Elevator service in the building
    • Drive‑in door/garage for convenient access
    • Lighted parking on site
    • Well‑suited for professional office space, retail, or a combination of both
    Updated: May 27
    View details
    Commercial Space in Grand Rapids
    $875,000
    5,100 SF
    Commercial Space in Grand Rapids

    925 NE 1st Ave, Grand Rapids, MN

    Commercial property with vaulted ceilings and full concrete foundation.
    • Full Log Structure with Vaulted Ceilings and Exposed Log Rafters
    • Central Air Conditioning and Gas Forced Air Heating
    • Three Bathrooms (2 Full, 1 Half)
    • Full Concrete Foundation
    • Currently Used as Commercial Real Estate Space
    Updated: Nov 24, 2025
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    Retail-Office Building with Elevator
    $1,970,000
    13,120 SF
    Retail-Office Building with Elevator

    For-sale building on the Hwy 169 retail corridor with elevator access, drive-in door/garage, and lighted parking.

    225 SE 21ST ST, Grand Rapids, MN 55744

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Grand Rapids, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Flexible Office and Retail Building
    $215,000
    1,344 SF
    Flexible Office and Retail Building

    Well-maintained building with multiple private offices, open gathering area, kitchenette, and ample off-street parking near Hwy 169.

    800 E 40th St, Hibbing, MN 55746

    View details
    Versatile Distribution and Flex Building
    $398,500
    Versatile Distribution and Flex Building

    A large commercial building with loading docks, office space, and flexible layout for retail, warehouse, or light industrial use.

    1206 E 25th St, Hibbing, MN 55746

    View details
    Uptown Virginia Mall Investment Opportunity
    $3,797,000
    Uptown Virginia Mall Investment Opportunity

    Grocery-anchored mall with high occupancy and future growth potential.

    1414 South 12th Avenue West |, Virginia, MN 55792

    View details
    Hobby Lobby Investment Opportunity
    $2,620,690
    49,692 SF
    Hobby Lobby Investment Opportunity

    Corporate leased Hobby Lobby with 9+ years remaining.

    1401 South 12th Avenue, Virginia, MN, Virginia, MN 55792

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF
    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033

    View details

    Grand Rapids, MN Retail Space Investment Opportunities Market Analysis

    Explore 3 retail space for sale in Grand Rapids, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 30,840 square feet of properties for sale, with an estimated market value of $4,815,000.

    Sale prices for retail space in Grand Rapids, MN start at $875,000, averaging $1,605,000, and reaching up to $1,970,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 1
    Storefront properties 1

    Demographics Overview

    Population 20K
    Population Growth (5Y) +0.6%
    Median Household Income $68,213
    College Educated 13.7%

    Taxes & Financing

    Tax Rate (average for all types) 2.87%
    Property Tax per SF $24.20 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Itasca County

    New Delisted

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