40576 County Road 242, Cohasset, MN 55721 - MLS#6763625

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Nov

Sat

Nov

Sun

Nov

Nick Leavy

nick@ermetro.com +1(612) 236-5331

$240,000

Est. payment - /mo

2 Beds

2 Baths

2,262 SqFt

Save

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,262 sqft

Price per Sqft $106

MLS Listing ID 6763625

Style (SF) Single Family

Bedrooms 2

Three Quarter Bath 2

Year Built 1960

Annual Tax Amount $1,314

Acres 20.2

Lot Dimensions 1326 x 664

Property Description

Incredible Investment Opportunity – 20 Acre Gravel Pit with Home!
Rare chance to own a 20-acre inactive gravel pit with endless potential for resource extraction, or income-generating opportunities. Located in a private and accessible area, this property offers both industrial value and residential potential.
Included is a 2-bedroom, 2-bath fixer-upper home – perfect for renovation into an office, rental, or your private residence. With some TLC, this structure can become a comfortable home base or add significant value to your investment.
Highlights:
20 acres of land with proven gravel reserves
Great access to major roads/highways
Existing well, septic, and power
2-bed, 2-bath home with solid structure – needs renovation
Perfect for contractors, builders, investors, or anyone seeking a mixed-use property with income potential. Opportunities like this don't come often, schedule your showing today and explore the full potential of this one-of-a-kind property!

Location

State MN

County Itasca

Zoning Industrial, Residential-Single Family

Direction About 7 miles down CR 63 from Grand Rapids, take a left onto CR 242. 1 mile down CR 242, just past the Rice Lake boat landing. House on the R. Keep left on driveway to house.

Rooms

Basement Unfinished

Interior

Heating Baseboard

Cooling None

Flooring 879912.0

Fireplace No

Exterior

Garage Spaces 2.0

Accessibility No Stairs External

Total Parking Spaces 2

Building

Foundation Concrete Block

Water Well

Architectural Style (SF) Single Family

Structure Type Block,Concrete,Frame

Others

Senior Community No

Tax ID 690253301

Acceptable Financing Cash, Conventional, Conventional Rehab, Special Funding

Listing Terms Cash, Conventional, Conventional Rehab, Special Funding

Read Less Info

Listed by GRAND PROPERTIES REAL ESTATE

PICK YOUR CITY