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MLS# 5299934
Built 1990
2.4 acres
Grand Rapids schools
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    Description:   Expansive multi-use commercial/industrial property situated on 2.4 acres with prime frontage on Highway 2 East coming into Grand Rapids. The main building is well-suited for various uses, includes 6, 800 SF of service bay facilities, and is equipped with 14' overhead doors with separate enclosed service areas and a managers veranda. 3, 000 SF of clean and modern showroom space includes 4+ offices with bathrooms and adequate storage areas. Second unit is a 7, 200 SF updated office building with over 15 separate office spaces. Portions are currently leased with long-standing tenants. Third is a 15-unit “Morton” storage building. All units sit on 49, 000 SF of paved parking area. Most recently used as the premier rental company in Itasca County. Vast amounts of usable commercial space and parking, along with offices and rental units for income make this an ideal location for the next big commercial venture.
    List Price: $890,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1990
    City: Grand Rapids
    Zip Code: 55744


    Building Fin Sq Ft: 16,220 ft²
    Basement Details: Full


    Air Conditioning: Central
    Heating System: Forced Air
    Foundation Size: 14,420 ft²
    Shared Amenities: Concrete Floors & Walls
    Handicap Accessible: None
    Exterior Material: Steel Siding, Stucco
    Garage Spaces: 15
    Other Parking Spaces: 48
    Roof Details: Asphalt Shingles, Metal, Rubber


    Acres: 2.4
    Latitude: 47.22736000
    Longitude: -93.49682200
    Lot Size Dim.: 456x196x329x364
    Zoning: Business/Commercial, Industrial


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

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $27,306
    Assessment Pending: No
    Taxes w/ Assessments: $27,306


    Total Units: 4


    Current Use: Office, Retail
    Fuel System: Natural Gas
    Sale Includes: Building, Land, Business, Leases
    Sewer System: City Sewer/Connected
    Utilities: Heating Separate, Electric Separate, Hot Water Separate
    Water System: City Water/Connected

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    Movement Mortgage NMLS#890685
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    Listing provided by RMLS, courtesy of RE/MAX THOUSAND LAKES