816 NE 4th ST, Grand Rapids, MN 55744 - MLS#6799971

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Nick Leavy

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

$899,000

Est. payment - /mo

41,817 SqFt

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UPDATED:

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

Acres 0.96

Lot Dimensions 50X 120 & 180 X 200

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

Direction Highway 169 Grand Rapids

Rooms

Basement Poured Concrete

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

Accessibility No Stairs External

Building

Lot Description Corner Lot

Foundation 8 ft Pour

Water City Water - In Street

Others

Senior Community No

Tax ID 914251450

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Listed by GRAND PROPERTIES REAL ESTATE

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