Grand Rapids, MN 55744,506 NW 4th ST
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Grand Rapids, MN 55744,506 NW 4th ST
Grand Rapids, MN 55744,506 NW 4th ST
Grand Rapids, MN 55744,506 NW 4th ST
Grand Rapids, MN 55744,506 NW 4th ST

$151,000

Est. payment /mo

$249,900

39.6%
Est.Price: ?

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506 NW 4th ST Grand Rapids, MN 55744

0.27 Acres Lot

SOLD DATE : 02/18/2025

Key Details

Sold Price $151,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Grand Rapids Second Div

MLS Listing ID 6632610

Sold Date 02/18/25

Year Built 1930

Annual Tax Amount $4,865

Tax Year 2024

Contingent None

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 183' X 65'

Property Sub-Type Other

Property Description

Discover a landmark property ready for your business vision! This auto repair shop offers over 4,000 square feet of versatile space. Located in the heart of Grand Rapids, this commercial building is ideal for a future automotive service, repair, or customization businesses. There is potential to use the building as two separate units each with their own single bathrooms, office, and entry. 

The property features three large service bays, perfect for accommodating multiple vehicles at once and an additional smaller space accessible with an overhead garage door. Inside, you will find two office spaces, great for managing customer interactions and day-to-day operations. Additionally, the shop includes a comfortable customer waiting area, ample storage for tools and equipment, and two single bathrooms.

The property sits on a high-visibility road with easy access, ensuring consistent traffic and exposure to potential customers. An estimated 16,300 vehicles pass by daily, providing excellent visibility and proximity to downtown could provide for foot traffic as well. Whether you're expanding an existing operation or starting a new venture, this well-established location offers endless possibilities. The building also boasts a spacious workshop area, complete with all the essentials to support an automotive service business.

This is the building only as the business and business inventory is not included.

Location

State MN

County Itasca

Zoning Business/Commercial

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Parking Lot

Garage Spaces 4.0

Utilities Available Electric Common

Roof Type Age Over 8 Years

Present Use Commercial

Building

Foundation 4080

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District Grand Rapids

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Listed by Bridger Hopkins • GRAND PROPERTIES REAL ESTATE
agent

Eli Johnson

Advisor | License ID: 40157548

+1(651) 357-2536

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