34579 State Highway 38 Grand Rapids, MN $ 675,000
34579 State Highway 38
$ 675,000
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34579 State Highway 38

Grand Rapids, MN, 55744
$ 675,000
Baths0.0 Sq 4,096

Monthly Estimate*

$ 4,486

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Studio

Commercial Property for sale in Grand Rapids, MN

for $675,000. This 4,096 square foot building was built in 1965 on a lot size of 24.19.

This turn key restaurant on 24 acres is awaiting it's new owner! The building and equipment have been meticulously upkept and are in great condition! Over 100 seats inside for year round operations and then added seating on the beautiful patio for the summer months where people can sit and enjoy the sun and the pond views. This property is just off of Hwy 38 which had a 2019 traffic count of 2200 a day and it's only grown from there. The snowmobile trail leads right to this gem making it a great location for winter traffic as well. The acreage beyond the pond has a ton of potential for expansion. If you've been wanting your own restaurant this one is sure to excite you!

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Commercial Active

Price

$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,845

Style

Business

Lot Size

24.19

Year Built

1965

Town/City

Grand Rapids

County/Region

Itasca

MLS | Web ID

6543841

Features
General
Sewer Tank with Drainage Field
Heating Forced Air Fireplace(s)
Utilities Electric Common Heating Common
Garage Spaces 1
Construction Materials Metal Siding
Year Built 1965
Property SubType Business
Tax Year 2023
Current Use Restaurant Bar/Tavern
Accessibility Fully Wheelchair
County Itasca
Property Type Commercial Sale
Contingency None
Possible Use Other
Directions From Grand Rapids MN-38 North property on left.
City Grand Rapids
Buyer Agent Compensation 2.40
High School District Grand Rapids
Zoning Description Business/Commercial
NumberOfUnitsTotal 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 3845
Additional Parcels Y/N N
Virtual Tour https://download-video.akamaized.net/v3-1/playback/f9c40b82-3812-49f1-bdfb-44054a3e5c4e/cc7d3f6b-15d1cde8?__token__=st=1717684156~exp=1717698556~acl=%2Fv3-1%2Fplayback%2Ff9c40b82-3812-49f1-bdfb-44054
Days on Market 18
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Gravel Asphalt Parking Lot
Water Source Drilled Well
Inclusions Building Business Assets Business Land
Lot Size Area 24.19
Building Area Total 4096
Lot Dimensions 1053676.4 sqft
Foundation Area 4096
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Interior
Basement (Y/N) N
Foundation Dimensions 56x72
Fuel Propane
Garage Dimensions 18x22
Garage Square Feet 396
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Internal Only
Street Number 1 34579
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* Excluded Features
List By
Grand Properties Real Estate

Broker

brandonsaloka@gmail.com

Email

Affordability Calculator

$4,807
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,486
Monthly Property Taxes
$320
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708396 Elementary School
708989 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/1/2024$675,000 Listed Price

Map


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34579 State Highway 38, Grand Rapids, MN, 55744 is a Commercial Property for sale at $675,000 with 4,096 sqft and a lot size of 24.19. 34579 State Highway 38 is a studio with 0.0 baths and was built in 1965. The property's zip code is 55744 which is in Grand Rapids, MN