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Key Details
Sold Price $220,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Subdivision Third Div Of Grand Rapids
MLS Listing ID 6191440
Sold Date 01/03/23
Year Built 1970
Annual Tax Amount $3,947
Tax Year 2022
Contingent None
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 75x120
Property Description
Great Investment Property! Located on Hwy 169 in Grand Rapids, Mn, this 40 X 70 (2800sf) Steel framed (walls & roof) building has 16’ sidewalls, two 14’ overhead door (offering drive-thru capabilities), a front office, and warehouse/garage space that has a variety of uses. This building has a triple net lease with the current tenants assuming most costs associated with the building. The lease expires September 2030. Any changes or cancelation of the lease would need to be negotiated with the tenant. Perfect time to invest in Real Estate!
Location
State MN
County Itasca
Zoning Business/Commercial
Rooms
Basement None
Interior
Heating Radiant
Cooling None
Fireplace No
Exterior
Garage Asphalt, Garage Door Opener
Garage Spaces 6.0
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Metal
Present Use Professional/Office
Building
Lot Description Corner Lot
Story One
Foundation 2800
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Metal Siding
Schools
School District Grand Rapids
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Steve Comstock
Broker Associate | License ID: 40423387
Broker Associate License ID: 40423387