403 W Saint George Avenue Grantsburg, WI $ 650,000
403 W Saint George Avenue
$ 650,000
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403 W Saint George Avenue

Grantsburg, WI, 54840
$ 650,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,489

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Commercial Property for sale in Grantsburg, WI

for $650,000. This building was built in 1962 on a lot size of 8.607.

Investors—this one is ready to go! This cash-flowing 8-unit apartment building has had over $125,000 in recent improvements, including four completely renovated units and increased rents. With strong rental income, a solid tenant base, and major updates already completed, this is a great opportunity to step into a well-performing property without taking on a big renovation project. There’s also potential for additional income through storage and other opportunities. Whether you're looking to add to your portfolio or jump into a solid investment property, this one is worth a look. Don’t miss out!

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 5,378

Style

Lot Size

8.607

Year Built

1962

Town/City

Grantsburg

County/Region

Burnett

MLS | Web ID

7123125

Features
General
Sewer City Sewer/Connected
Heating Boiler
Cooling None
Utilities Electric Separate Hot Water Common
Appliances Range Refrigerator
Garage Spaces 0
Construction Materials Block
Year Built 1962
Tenant Pays Electricity
Tax Year 2025
Current Use Residential
Gross Income 78900
Accessibility None
Additional Parcels Description 131260067900
County Burnett
Net Operating Income 60000
Operating Expense 18898
Insurance Expense 2700
New Construction N
Property Type Commercial Sale
Contingency None
Directions From Twin Cities: I-35 N to exit 165 for MN- 70 E Rock Creek/Grantsburg. Follow MN-70 E and WI-70 E. Turn Left on S. Russel St. Turn left onto W. St George Ave. Immediate Left into parking lot.
City Grantsburg
High School District Grantsburg
Zoning Description Residential-Multi-Family
Number Of Units Total 8
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5378
Fuel Expense 3600
Water Sewer Expense 3400
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
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Interior
Basement Block
Basement (Y/N) Y
Fuel Natural Gas
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Exterior
Parking Features Asphalt Paved Lot
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 8.607
Lot Dimensions 187x200
Waterfront Y/N N
Foundation Area 5539
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 403
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* Excluded Features
List By
Re/Max Synergy

Broker

miranda@remaxsynergy.net

Email

Affordability Calculator

$4,938
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$448
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3048679 Elementary School
3048527 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/8/2026$650,000 Listed Price

Map


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403 W Saint George Avenue, Grantsburg, WI, 54840 is a Commercial Property for sale at $650,000 with a lot size of 8.607. 403 W Saint George Avenue was built in 1962. The property's zip code is 54840 which is in Grantsburg, WI