501 NW 8th Avenue Grand Rapids, MN ^$ 399,900

501 NW 8th Avenue

^$ 399,900

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Recently Listed

501 NW 8th Avenue

Grand Rapids, MN, 55744

^$ 399,900

Studio Baths0.0 Sq 2,860

Monthly Estimate*

^$ 2,793

501 NW 8th Avenue, Grand Rapids, MN 55744 - Image 1

501 NW 8th Avenue, Grand Rapids, MN 55744 - Image 2

Studio

Commercial Property for sale in Grand Rapids, MN

for $399,900. This 2,860 square foot building was built in 1920 on a lot size of 0.98.

Great commercial location with multiple buildings and partially fenced yard for storage. Many possibilities

Commercial Active

Price

^$ 399,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,835

Style

Lot Size

0.98

Year Built

1920

Town/City

Grand Rapids

County/Region

Itasca

MLS | Web ID

6518502

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Utilities Electric Separate

Garage Spaces 16

Construction Materials Brick/Stone

Year Built 1920

Tax Year 2023

Current Use Automotive

Accessibility None

County Itasca

Property Type Commercial Sale

Contingency None

Subdivision Name Grand Rapids Second Div

Directions 2 blocks North of Hwy 2 on 8th Ave NW

City Grand Rapids

Buyer Agent Compensation 2.40

High School District Grand Rapids

Zoning Description Business/Commercial

Total Units 3

Street Name 8th

Land Lease Y/N N

Tax Annual Amount 4835

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Gravel

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 0.98

Building Area Total 2860

Lot Dimensions 142 X 300

Lot Size Units Acres

Foundation Area 2860

Interior

Basement (Y/N) N

Street Suffix Avenue

Foundation Dimensions 46 X 62

Fuel Natural Gas

Internal Only

Street Number 1 501

* Excluded Features

List By

Grand Properties Real Estate

Broker

clintcorrowsells@gmail.com

Affordability Calculator

$3,196

Per Month

Monthly Principal & Interest: $2,793
Monthly Property Taxes: $403
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 Grand Rapids, MN

Average List Price ^$595,809

Percent of Sale Price 49%

About Grand Rapids, MN

11,253 Population

9% Since 2002

^$41,151 Median Income

41.94 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708396 Elementary School

708989 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/12/2024	$399,900		Listed Price

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501 NW 8th Avenue, Grand Rapids, MN, 55744 is a Commercial Property for sale at $399,900 with 2,860 sqft and a lot size of 0.98. 501 NW 8th Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 55744 which is in Grand Rapids, 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 4/30/2024.

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501 NW 8th Avenue

Commercial Property for sale in Grand Rapids, MN

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