$ 265,000
515 S Pokegama AVE Grand Rapids, MN 55744
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$ 265,000
Est. payment | /mo
9,147 Sqft Lot
$ 265,000
Est. payment | /mo
9,147 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Central Div Of Grand Rapids
MLS Listing ID 6623129
Year Built 1910
Annual Tax Amount $3,269
Tax Year 2024
Contingent None
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 75x100
Property Description
Newly remodeled commercial-residential property, ideally situated along Hwy 169 in the heart of Grand Rapids, MN. Perfect for investors or business owners, this versatile space offers a combination of commercial opportunity with residential convenience. The front of the property is optimized for commercial use, with a beautifully updated interior that includes new flooring, windows, trim, paint, modern light fixtures, and an ADA-compliant bathroom with a wheelchair ramp for accessibility. Enhanced with a new furnace and HVAC system, this property ensures a comfortable environment for clients or customers. In the back, a leased two-bedroom apartment provides immediate rental income, while the lower level presents an opportunity for a third unit with its own attached two-stall garage—ideal for additional rental income or private use. The exterior features fresh siding and paint, enhancing curb appeal. With its strategic location, modern updates, and income potential, this property stands out as a valuable investment in a thriving area. Don't miss your chance to own this versatile gem in Grand Rapids.
Location
State MN
County Itasca
Zoning Business/Commercial
Interior
Heating Forced Air
Inclusions Building
Fireplace No
Exterior
Garage Gravel, Parking Lot, Tuckunder Garage
Garage Spaces 2.0
Utilities Available Electric Separate
Roof Type Asphalt
Present Use Commercial,Residential,Retail
Building
Foundation 1764
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Fiber Cement,Stucco
Schools
School District Grand Rapids
Listed by CHAD SIMONS • Sugar Lake Lodge Realty
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Tom Ott
REALTOR® | Lic# 590400