1615 W Highway 61

Grand Marais, MN
$ 425,000 Beds 0 Baths 0 Sq 6,728
Monthly Estimate* How much can I afford?

Incredible business opportunity to own this historical restaurant right on scenic highway 61 in Grand Marais, MN. Many updates have been made! Everything is included, as well as the historical "ice house" where ice from Lake Superior was cut and transported. This building has been used as a restaurant since it was built in 1930 and is well known and loved in the community. Situated on 2.48 acres, this special piece of Grand Marais is ready for new owners before the fall tourist rush!

Pending

  • Price
  • $ 425,000
  • Lot Size
  • 2.48 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 6,728
  • Full Bathrooms
  • 0
  • Year Built
  • 1930
  • Half Bathrooms
  • 0
  • City, Zip
  • Grand Marais
  • Taxes
  • $ 10664
  • County
  • COOK
  • Style
  • Business
  • Area
  • Woodland Add
  • MLS#
  • 6092349
  • Zip
  • 55604
Listing Provided by: Bridge Realty, LLC
Data Source: Northstar MLS (NSTAR) - 133 - MN

Features

General

Accessibility None
Additional Parcels Y/N No
City Grand Marais
Construction Materials Wood Siding
Contingency None
County Cook
Current Use Restaurant
Days on Market 70
Directions 1615 W Highway 61
Heating Forced Air
High School District Cook County
Lender Owned No
Property SubType Business
Property Type Commercial Sale
Sewer City Sewer/Connected
Standard Status Pending
Street Name Highway 61
Subdivision Name Woodland Add
Tax Annual Amount 10664
Tax Year 2021
Total Units 1
Utilities Heating Separate
Year Built 1930
Zoning Description Business/Commercial

Interior Features

Fuel Oil, Propane
Unit Type Efficiencies, 1 Bedroom, 2 Bedroom, 3 Bedroom, One Room, Two Room, Three Room, Four Room, Five Room, Six Room, Seven Room

Exterior Features

Foundationarea 6728
Inclusions Business
Lot Size Area 2.48
Lot Size Units Acres
Parking Features Paved
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Woodbury, MN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/1/2021 Listed $425,000

Property vs Zip Code Average in 55604

Price
AVG $430K
$430K
Taxes
AVG $10,664
$10,664
Visits
AVG 119
118
Year Built
AVG 1948
1930
Walkscore
AVG 22
20
Data Provided by Walkscore ® not using MLS data

Map

1615 W Highway 61 Grand Marais, MN is a Single Family Home for sale at $425000 with 6728 sqft and a lot size of 2.48 Acres Acre(s). 1615 W Highway 61 Grand Marais has 0 bedrooms, 0 baths and was built in 1930. The property's zip code is 55604 which is in Grand Marais, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.