For Sale: Grand Rapids MLS# 6587263
Active
$450,000
Commercial: Apartment,Business
Built 1963
1.1 acres
Grand Rapids schools
MLS# 6587263
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Opportunity knocks! This property presents a prime business opportunity. You can't beat the location just south of Grand Rapids on Hwy 169. Featuring two residential rental units that have been updated and are ready to cash flow! There is also a separate unit for a business. Recent updates include HVAC, electrical, siding, flooring, paint, and a newer roof. There is incredible visibility from Hwy 169 and ample parking. Additional land to the south is available for purchase too. Just bring your vision and ideas. The seller would consider a long-term lease as well.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Property Type:
Commercial
City:
Grand Rapids
Garage Spaces:
1
County:
Itasca
Year Built:
1963
State:
MN
Property Style:
Apartment, Business
Zip Code:
55744
Subdivision Name:
Whitesides Echoing Hills
Exterior
Garage Spaces:
1
Garage Size:
455 ft2
Other Parking Spaces:
30
Foundation Size:
3,384 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Parking Lot
Exterior Material:
Engineered Wood
Lot & Land
Acres:
1.1
Geolocation:
47.1528429177, -93.5544954017
Inclusions:
Fixture/Equipment
Lot Dimensions:
320 X 200
Zoning:
- Business/Commercial
- Residential-Multi-Family
Schools
School District:
318
District Phone:
218-327-5704
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$3,932
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$3,932
Units
Total Units:
3
Miscellaneous
Current Use:
Other
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
Private Sewer
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
Private
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
Month | Principal | Interest | P&I | Balance |
---|---|---|---|---|
Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of Keller Williams Classic Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.