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Active
$599,000
/mo Edit
Commercial:  Apartments/Retail
Built 1965
0.09 acres
Lake Superior schools
MLS# 6425440
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    Property Description

    Experience the beauty of Lake Superior with stunning views and vistas from this newly finished 3-bedroom, 2-bathroom 1700 sq ft apartment! The whole space has recently been redone featuring an open-concept floor plan with a deck for peaceful views of the lake. Great for owner occupant, vacation rental, or long-term rental. The main floor was formerly a 1700 sq ft restaurant. Enjoy all that Lake Superior has to offer today but also the great proximity to Duluth, Lutsen, and Grand Marais. Whether you're looking for multiple retail shops, a restaurant for dining and banquets, or something else entirely, your imagination is the only limit here. All the beams have been reinforced and you can change the shape of the rooms as you see fit. Restaurant with banquet space, multiple retails shops, offices, you name it! The outdoor meandering gardens, rock gardens, firepit, and water features will add to your enjoyment and create an unforgettable atmosphere! Don't miss out on this amazing opportun

    Listing

    Contingency: None
    City: Beaver Bay
    County: Lake
    State: MN
    Property Style: Apartments/Retail
    Zip Code: 55601

    Interior

    Ceiling Height: 8-10
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 20
    Air Conditioning: None
    Foundation Size: 3,456 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Gravel
    • Gravel
    Exterior Material: Wood Siding
    Roof Details: Metal

    Lot & Land

    Acres: 0.09
    Geolocation: 47.25837500, -91.29973001
    Inclusions: Building, Land
    Lot Dimensions: 160 x 149 x 164 x 56
    Addl Parcels: 14073, 14123
    Zoning: Business/Commercial

    Schools

    School District: 381
    District Phone: 218-834-8216

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $6,014
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,014

    Units

    Total Units: 2

    Miscellaneous

    Current Use:
    • Residential
    • Vacant
    Fuel System: Propane
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of z'Up North Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.