Grand Rapids, MN 55744,1111 Pokegama AVE S
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Grand Rapids, MN 55744,1111 Pokegama AVE S
Grand Rapids, MN 55744,1111 Pokegama AVE S
Grand Rapids, MN 55744,1111 Pokegama AVE S
Grand Rapids, MN 55744,1111 Pokegama AVE S

$575,000

Est. payment /mo

$799,900

28.1%
Est.Price: ?

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1111 Pokegama AVE S Grand Rapids, MN 55744

6.7 Acres Lot

SOLD DATE : 08/04/2021

Key Details

Sold Price $575,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Hartley Add

MLS Listing ID 5688243

Year Built 1950

Annual Tax Amount $30,857

Tax Year 2020

Lot Size 6.700 Acres

Property Description

Surrounded by diverse businesses on 3 sides and dense housing to the west, this 6.7 acre development opportunity is accessed from the single busiest stretch of road in Itasca County - MNDOT estimates
19,800 cars a day pass by on average. There's also access from Golf Course Road/County Rd. 23 (en route to the hospital and clinics, West Elementary and the Forest History Center) and also from quiet SW 2nd Ave. Walking distance to breweries, restaurants, the Farmers' Market, groceries/retail and banking. This site could be an excellent opportunity to capitalize on Grand Rapids' less than 1% residential rental vacancy rate or the area's continued scarcity of long and short-term lodging with a mixed use development. Internet speeds up to 1 GB per second. 25' pylon sign on Highway 169/Pokegama Ave.
Development incentives exist at city, county and state levels.

Location

State MN

County Itasca

Zoning Business/Commercial

Interior

Heating None

Exterior

Parking Features Gravel, Paved

Utilities Available None

Building

Lot Description Public Transit (w/in 6 blks), Irregular Lot

Foundation 1

Sewer City Sewer - In Street

Water City Water - In Street

Structure Type Other

Schools

School District Grand Rapids

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Listed by MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM

Jason Lange

Agent | License ID: 20457477

+1(612) 247-7593

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