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!
|Price Reduced||$324,900||$5,000 (1.52%)|
|Price Reduced||$329,900||$5,000 (1.49%)|
|Price Reduced||$334,900||$10,000 (2.90%)|
|Price Reduced (from $349,900)||$344,900||$5,000 (1.43%)|
By searching, you agree to the End User License Agreement
Information is supplied by seller and other third parties and has not been verified.
Copyright 2019 Duluth Area Association of REALTORS® MLS All Rights Reserved.