6028366 - PRICE REDUCED! Business Opportunity in the Coolest Small Town!
The North Shore's Best Resource for ALL Your Real Estate needs...Lake Superior Properties, Cabins, Acreage or Inland Lakeshore, we'll find the Right Property for YOU!
April 25, 2018    |    06:31 PM US Central
CLICK HERE to view property on our website
View this property listing on our website:
Contact Us
Multiple Listing Service
Hi I'm Silviya Duclos please call or email me for more info
Silviya Duclos
TimberWolff Realty LLC - 6028366 - PRICE REDUCED! Business Opportunity in 
the Coolest Small Town!
TimberWolff Realty LLC
5339 West Highway 61
P.O. Box 263
Lutsen, MN 55612
Phone: (218) 663-8777
Fax: (218) 663-8778
Toll Free: (877) 664-8777
PRICE REDUCED! Business Opportunity in the Coolest Small Town!
Listing No.: 6028366
Property Status: PRICE REDUCTION
Price: 329900
City: 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!

4 rental spaces with broadband available in all units.
unit 1: 1200 sqft
unit 2: 1400 sqft
unit 3: 2102 sqft - Washer and dryer hook ups 
unit 4: 503 sqft
Property Taxes: 10938
AccessRoad: Highway 61
CentralAir: No
Well: Yes
Septic: Yes
ElectricService: Yes
Equal Housing Opportunity. Equal Housing Opportunity
Information Deemed Reliable But Not Guaranteed.