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Listed by Julie J. Carlson Coldwell Banker North Shore
$1,250,000
Est. payment /mo
14 Beds
9 Baths
5,410 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Pending
Purchase Type For Sale
Square Footage 5,410 sqft
Price per Sqft $231
MLS Listing ID LSA6126563
Bedrooms 14
HOA Y/N No
Year Built 1937
Annual Tax Amount $8,164
Tax Year 2026
Lot Size 0.830 Acres
Acres 0.83
Lot Dimensions 132 x 275
Property Sub-Type Multi-Family 5+
Source lsar
Property Description
Just steps from the iconic Grand Marais Harbor, this rare mixed-use property offers an exceptional opportunity in one of Minnesota's most loved North Shore destinations. Situated on a large lot less than a block from the waterfront, this property includes eight cabins that have been used for residential rentals along with a spacious three-bedroom two-bath main home. With mixed-use zoning, the possibilities are as expansive as your vision. Create a boutique hospitality experience, establish workforce housing, long-term rentals, a private residence, or explore other permitted uses. Three units are currently occupied, two others are recently vacated and ready for renters. Located in the heart of Grand Marais within easy walking distance of the harbor, unique shops, restaurants, art galleries, live entertainment, festivals, and all the charm this lakeside community provides. This property is ready for a new owner ready to restore, renovate, or reimagine the full potential of this unique location.
Location
State MN
County Cook County
Area Lsar
Direction From Highway 61 in Grand Marais, turn north on W. 4th Ave. Property will be on your right.
Rooms
Basement Partial
Interior
Heating Propane
Exterior
Garage Spaces 1.0
View Y/N No
Garage Yes
Building
Story 1
Sewer Public Sewer
Water City
Structure Type Wood
Schools
High Schools Cook County #166
School District Cook County #166
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