4576 Lake Street Orr, MN ^$ 2,999,000

4576 Lake Street

^$ 2,999,000

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4576 Lake Street

Orr, MN, 55771

^$ 2,999,000

Studio Baths0.0 Sq 19,629

Monthly Estimate*

^$ 20,949

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Studio

Commercial Property for sale in Orr, MN

for $2,999,000. This 19,629 square foot building was built in 2013 on a lot size of 3.65.

Amazing opportunity in pristine location right off Pelican Lake in Orr, MN. Turn-key 29-unit facility on 3.65 acres. Previously used as an assisted living facility…. Endless opportunity with over 19,000 sf. Built in 2013 this facility has been meticulously maintained. Commercial grade kitchen.

Commercial Active

Price

^$ 2,999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 21,458

Style

Lot Size

3.65

Year Built

2013

Town/City

Orr

County/Region

Saint Louis

MLS | Web ID

6202684

Features

General

Sewer City Sewer/Connected

Heating Boiler Dual Geothermal Hot Water Radiant Floor Radiant

Cooling Central Air Window Unit(s)

Utilities Heating Common Heating Separate Hot Water Common Hot Water Separate

Roof Asphalt

Garage Spaces 0

Construction Materials Brick/Stone Fiber Cement

Year Built 2013

Levels One

Tax Year 2024

Current Use Other

Waterfront Features Lake View

Accessibility Doors 36 + Fully Wheelchair Grab Bars In Bathroom Hallways 42 + Door Lever Handles No Stairs External No Stairs Internal Roll-In Shower

County St. Louis

Property Type Commercial Sale

Association Amenities Patio Porch

Contingency None

Subdivision Name Orr Lands In The City

Directions Old US Hwy 53 to Lake Street to Property

City Orr

Buyer Agent Compensation 2.00

Body of Water Pelican

Land Lease Amount 0

High School District St. Louis County

Zoning Description Residential-Multi-Family

Total Units 29

Waterfront Y/N N

Street Name Lake

Land Lease Y/N N

Tax Annual Amount 21458

Additional Parcels Y/N N

Days on Market 678

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement None

Basement (Y/N) N

Street Suffix Street

Ceiling Height 8-10

Fuel Natural Gas

Lake Acres 11546

Exterior

Parking Features Asphalt Open

Lot Features Tree Coverage - Medium

Water Source City Water/Connected

Inclusions Building Fixture/Equipment Land

Lot Size Area 3.65

Building Area Total 19629

Lot Dimensions Irr

Lot Size Units Acres

Foundation Area 19629

Internal Only

Street Number 1 4576

* Excluded Features

List By

Eos Realty, Llc

Broker

kristopher.g.jacobsen@gmail.com

Affordability Calculator

$22,737

Per Month

Monthly Principal & Interest: $20,949
Monthly Property Taxes: $1,788
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Orr, MN

Average List Price ^$1,347,667

Percent of Sale Price 55%

About Orr, MN

209 Population

-6% Since 2002

^$41,423 Median Income

52.4 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708317 Elementary School

708533 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/22/2023	$2,999,000	-25.01%	Price Down
5/27/2022	$3,999,000		Listed Price

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4576 Lake Street, Orr, MN, 55771 is a Commercial Property for sale at $2,999,000 with 19,629 sqft and a lot size of 3.65. 4576 Lake Street is a studio with 0.0 baths and was built in 2013. The property's zip code is 55771 which is in Orr, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/26/2024.

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4576 Lake Street

Commercial Property for sale in Orr, MN

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