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211 W Highway 61, Grand Marais
The Cobbelstone Building in Grand Marais is rare opportunity to own prime commercial real estate downtown Grand Marais. Plenty of parking spaces for easy in and out for customers. All four units are rented long term to successfully operating businesses. There is potential to build rental apartments on the second level and generate more income, would be a great vacation rental area just a walk across the highway. The prime location allows for many possibilities and has a lot of pluses for any businesses or offices. Many updates and renovations have been completed already, just needs a little TLC on the exterior. Interior is in great condition, and during last renovations the building was brought up to ADA standards. All leases are in place, some long term. Lease business want to stay in place, any sale subject to terms of lease. A really fantastic opportunity for the investor, or new business start ups. Highway and new curbs are going in next year which will enhance the appearance!
- MLS® #6028366
- Square Footage6,155
- Year Built1963
- Parking Spaces20
- RoofAsphalt Shingles, Rubber
- Listing OfficeTimberWolff Realty LLC
- Address211 W Highway 61
- AreaGrand Marais
- CityGrand Marais
- CountyCook County
- Zip Code55604
- InteriorSheet Rock, Concrete Block
- HeatingPropane, Forced Air
- # of Stories1
- DistrictCook County #166
Price Change History for 211 W Highway 61, Grand Marais, MN (MLS® #6028366)
|Price Reduced from $329,900 to $324,900|
|Price Reduced from $334,900 to $329,900|
|Price Reduced from $344,900 to $334,900|
|Price Reduced from $349,900 to $344,900|
IDX information is provided by Superior Area Association of REALTORS® exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.