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April 8, 2020

Special Use Property For Sale in Grand Marais, Minnesota


Property # 1178630 Available $690,000.00


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http://www.land.net/view.php?v_id=1178630


   Property Information

Property TypeLog Mansion Commercial Property
Property NameLog Mansion Commercial Property and home
Property Address 1601 W Hwy 61
Property Address 2n.a.
Property Town/CityGrand Marais
Property CountyCook
Property StateMinnesota
Property ZIP/Postal Code 55604
MLS #n.a.
Section/Block/Lotn.a.
Zoningn.a.
Building Sq. Ft.6,000
Gross Leasable Sq. Ft.n.a.
Lot Size Acres1
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Parking Spacesn.a.
Year Built1945
Year Last Renovatedn.a.
Construction Typen.a.
Property Description Originally a trading post, this historic log mansion is the landmark where several governmental officials held meetings. Includes-home, 3335 square foot restaurant, 900 sq ft lounge added in 1989 and in 2008 a 1600 sq ft patio. Huge yard with 135 feet of Hwy 61 frontage and lots of exposure.
Area Description property has incredible views of the Grand Marais Harbor of Lake Superior. Property has lots of potential for your creative use...


   Financial Information

Sales Price $$690,000.00
Gross Revenue $n.a.
Total Expenses $n.a.
Taxes $n.a.
Net Operating Income $n.a.
Cap Rate0.00%
Price Per Sq. Ft. $n.a.
Year Endingn.a.
1031 Exchange?n.a.
Financing/Termscash sale


   Major Tenants

Tenant #1n.a.
Sq. Ft. #1n.a.
Lease Ends #1n.a.
Tenant #2n.a.
Sq. Ft. #2n.a.
Lease Ends #2n.a.
Tenant #3n.a.
Sq. Ft. #3n.a.
Lease Ends #3n.a.
Tenant #4n.a.
Sq. Ft. #4n.a.
Lease Ends #4n.a.
Tenant #5n.a.
Sq. Ft. #5n.a.
Lease Ends #5n.a.

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information.
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