For Sale: Grand Rapids MLS# 6623129
Active
$265,000
Commercial: Other
Built 1910
0.21 acres
Grand Rapids schools
MLS# 6623129
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Property Description
Newly remodeled commercial-residential property, ideally situated along Hwy 169 in the heart of Grand Rapids, MN. Perfect for investors or business owners, this versatile space offers a combination of commercial opportunity with residential convenience. The front of the property is optimized for commercial use, with a beautifully updated interior that includes new flooring, windows, trim, paint, modern light fixtures, and an ADA-compliant bathroom with a wheelchair ramp for accessibility. Enhanced with a new furnace and HVAC system, this property ensures a comfortable environment for clients or customers. In the back, a leased two-bedroom apartment provides immediate rental income, while the lower level presents an opportunity for a third unit with its own attached two-stall garage—ideal for additional rental income or private use. The exterior features fresh siding and paint, enhancing curb appeal. With its strategic location, modern updates, and income potential, this property stands out as a valuable investment in a thriving area. Don't miss your chance to own this versatile gem in Grand Rapids.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$265,000
Property Type:
Commercial
City:
Grand Rapids
Garage Spaces:
2
County:
Itasca
Year Built:
1910
State:
MN
Property Style:
Other
Zip Code:
55744
Subdivision Name:
Central Div Of Grand Rapids
Exterior
Garage Spaces:
2
Other Parking Spaces:
5
Foundation Size:
1,764 ft2
Handicap Accessible:
Wheelchair Ramp(s)
Heating System:
Forced Air
Parking Features:
- Gravel
- Parking Lot
- Tuckunder Garage
Road Frontage:
State Road
Exterior Material:
- Fiber Cement
- Stucco
Roof Details:
Asphalt
Lot & Land
Acres:
0.21
Geolocation:
47.225971, -93.528968
Inclusions:
Building
Lot Dimensions:
75 x 100
Zoning:
Business/Commercial
Schools
School District:
318
District Phone:
218-327-5704
Expenses
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,269
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,404
Units
Total Units:
2
Miscellaneous
Current Use:
- Commercial
- Residential
- Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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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.
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!
Listing provided by RMLS,
courtesy of Sugar Lake Lodge 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.