515 S Pokegama AVE Active

Grand Rapids,MN 55744

$ 265000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Central Div Of Grand Rapids

MLS Listing ID 6623129

Year Built 1910

Annual Tax Amount $3,269

Tax Year 2024

Lot Size 9,147 Sqft

Property Description

Newly remodeled commercial-residential property, ideally situated along Hwy 169 in the heart of Grand Rapids, MN. Perfect for investors or business owners, this versatile space offers a combination of commercial opportunity with residential convenience. The front of the property is optimized for commercial use, with a beautifully updated interior that includes new flooring, windows, trim, paint, modern light fixtures, and an ADA-compliant bathroom with a wheelchair ramp for accessibility. Enhanced with a new furnace and HVAC system, this property ensures a comfortable environment for clients or customers. In the back, a leased two-bedroom apartment provides immediate rental income, while the lower level presents an opportunity for a third unit with its own attached two-stall garage?ideal for additional rental income or private use. The exterior features fresh siding and paint, enhancing curb appeal. With its strategic location, modern updates, and income potential, this property stands out as a valuable investment in a thriving area. Don't miss your chance to own this versatile gem in Grand Rapids.

Location

State MN

County Itasca

Zoning Business/Commercial

Interior

Heating Forced Air

Inclusions Building

Exterior

Parking Features Gravel,Parking Lot,Tuckunder Garage

Garage Spaces 2.0

Utilities Available Electric Separate

Roof Type Asphalt

Building

Foundation 1764

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Fiber Cement,Stucco

Schools

School District Grand Rapids

View More
Favorite Go Tour