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Commercial:  Other
Built 1950
6.7 acres
Grand Rapids schools
MLS# 5688243
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    Description:   Surrounded by diverse businesses on 3 sides and dense housing to the west, this 6.7 acre development opportunity is accessed from the single busiest stretch of road in Itasca County - MNDOT estimates 19, 800 cars a day pass by on average. There's also access from Golf Course Road/County Rd. 23 (en route to the hospital and clinics, West Elementary and the Forest History Center) and also from quiet SW 2nd Ave. Walking distance to breweries, restaurants, the Farmers' Market, groceries/retail and banking. This site could be an excellent opportunity to capitalize on Grand Rapids' less than 1% residential rental vacancy rate or the area's continued scarcity of long and short-term lodging with a mixed use development. Internet speeds up to 1 GB per second. 25' pylon sign on Highway 169/Pokegama Ave. Development incentives exist at city, county and state levels.
    List Price: $799,900
    Property Type: Commercial
    Listing Status: Pending
    Contingency: None
    Property Style: Other
    Year Built: 1950
    City: Grand Rapids
    County: Itasca
    State: MN
    Zip Code: 55744


    Building Fin Sq Ft: 1 sqft


    Heating System: None
    Foundation Size: 1 sqft
    Road Frontage: City Street, Highway, County Road
    Handicap Accessible: None
    Exterior Material: Other
    Garage Spaces: 0
    Other Parking Spaces: 100


    Acres: 6.7
    Lot Description: Irregular Lot, Public Transit (w/in 6 blks)
    Latitude: 47.22008273
    Longitude: -93.52875719
    Lot Size Dim.: 615x450, 50x375
    Dev/Complex Name: Hartley Add
    Zoning: Business/Commercial


    School District: 318
    District Phone: 218-327-5704

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $30,857
    Assessment Pending: Unknown
    Taxes w/ Assessments: $31,082


    Total Units: 1


    Current Use: Other
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer - In Street
    Available Utilities: None
    Water System: City Water - In Street

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    Local Home Mortgage Professionals

    Justin Larson
    Loan Officer
    Movement Mortgage
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.

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    Listing provided by RMLS, courtesy of MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM.
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.