$575,000
$799,900
28.1%For more information regarding the value of a property, please contact us for a free consultation.
1111 Pokegama AVE S Grand Rapids, MN 55744
6.7 Acres Lot
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
Sold Date 08/04/21
Year Built 1950
Annual Tax Amount $30,857
Tax Year 2020
Contingent None
Lot Size 6.700 Acres
Acres 6.7
Lot Dimensions 615x450, 50x375
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
Fireplace No
Exterior
Garage Gravel, Paved
Utilities Available None
Present Use Other
Parking Type Gravel, Paved
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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