816 NE 4th ST Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MN 55744
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 41,817 sqft
Price per Sqft $21
Subdivision Third Div Of Grand Rapids
MLS Listing ID 6799971
Year Built 1945
Annual Tax Amount $4,754
Lot Size 0.326 Acres
Property Description
For over 44 years, this location has been the successful home of a furniture store, making it a turn-key opportunity with a 16+% cap rate! Located on a bustling stretch of US Highway with over 10,000 vehicles passing daily, this spacious retail and warehouse property offers exceptional visibility and accessibility. The property includes: 9,000 sq. ft. of Showroom Space: Perfect for displaying products in a high-traffic, customer-friendly environment. 5,000 sq. ft. of Warehouse Space: Featuring convenient loading docks, ideal for storage and operations. Real estate available separate from the business for a reduced price.
Location
State MN
County Itasca
Community Third Div Of Grand Rapids
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet
Exterior
Parking Features Parking Lot,Storage
Utilities Available Electric Common
Roof Type Flat,Metal,Tar/Gravel
Building
Lot Description Corner Lot
Foundation 8 ft Pour
Water City Water - In Street