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$799,900  (list price)
$575,000
/mo Edit
Commercial:  Other
Built 1950
6.7 acres
Grand Rapids schools
MLS# 5688243
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    Property 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.

    Listing

    Contingency: None
    City: Grand Rapids
    County: Itasca
    State: MN
    Property Style: Other
    Zip Code: 55744

    Interior

    Building Finished Area: 1 ft2

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 100
    Heating System: None
    Foundation Size: 1 ft2
    Handicap Accessible: None
    Road Frontage:
    • City Street
    • County Road
    • Highway
    Exterior Material: Other

    Lot

    Acres: 6.7
    Geolocation: 47.22008273, -93.52875719
    Lot Dimensions: 615 x 450, 50 x 375
    Dev/Complex Name: Hartley Add
    Zoning: Business/Commercial
    Lot Description:
    • Irregular Lot
    • Public Transit (w/in 6 blks)

    Schools

    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

    Unit

    Total Units: 1

    Miscellaneous

    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

    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.
    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 MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.