2500 Midway Lane Coleraine, MN $ 175,000
2500 Midway Lane
$ 175,000
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2500 Midway Lane

Coleraine, MN, 55744
$ 175,000
Bedrooms-- Baths-- Sq 720

Monthly Estimate*

$ 1,135

2500 Midway Lane, Coleraine, MN 55744 - Image 1
2500 Midway Lane, Coleraine, MN 55744 - Image 2
2500 Midway Lane, Coleraine, MN 55744 - Image 3
2500 Midway Lane, Coleraine, MN 55744 - Image 4
2500 Midway Lane, Coleraine, MN 55744 - Image 5
2500 Midway Lane, Coleraine, MN 55744 - Image 6

Commercial Property for sale in Coleraine, MN

for $175,000. This 720 square foot building was built in 1963 on a lot size of 6.36.

Commercial property of 6+ acres located in Midway. Currently a mobile home park in need of cleanup. Includes an owners home with double attached garage and additional single garage as well as a 1 bedroom home that is rented. There are 11 mobile homes on the property of which 9 are owner by the park. #6 and 16 are privately owned. Septic is non-compliant and will need to be addressed right away by new owner, holding tanks would be the best option while plans are being made to replace system or change use. There was an approved grant at one time but that expired as the owner has passed. Viewing the interior of the mobile homes will not be permitted, owner will be present for showings to answer questions as best she can. The houses will be accessible. There are NO income numbers for this property. Sold AS-IS

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Commercial Pending

Price

$ 175,000

Property Type

Commercial

Taxes

$ 1,371

Style

Lot Size

6.36

Year Built

1963

Town/City

Coleraine

County/Region

Itasca

MLS | Web ID

6698925

Features
General
Sewer Private Sewer
Heating Forced Air
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 3
Construction Materials Other
Year Built 1963
Property Subtype Other
Tax Year 2024
Current Use Other
Accessibility None
Additional Parcels Description multiple
County Itasca
Property Type Commercial Sale
Contingency None
Directions 169 east to right on Midway Lane on left
City Coleraine
High School District Greenway
Zoning Description Business/Commercial
Number Of Units Total 12
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 1371
Additional Parcels Y/N Y
Standard Status Pending
Lender Owned No
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Exterior
Parking Features Attached Garage Detached Gravel Open
Water Source Drilled Private
Inclusions Building Business Assets Land Other
Lot Size Area 6.36
Building Area Total 720
Lot Dimensions irregular 5 parcels
Foundation Area 720
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Interior
Basement (Y/N) Y
Fuel Other
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Internal Only
Street Number 1 2500
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* Excluded Features
List By
Mn Direct Properties

Broker

todd@mndirectproperties.com

Email

Affordability Calculator

$1,249
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,135
Monthly Property Taxes
$114
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.75% 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
709314 Elementary School
708993 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2025$175,000 Listed Price

Map


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2500 Midway Lane, Coleraine, MN, 55744 is a Commercial Property for sale at $175,000 with 720 sqft and a lot size of 6.36. 2500 Midway Lane was built in 1963. The property's zip code is 55744 which is in Coleraine, MN