$650,000
SOLD JAN 8, 2025

12XX Hwy 61 W Grand Marais, MN 55604

6 Acres
$110,733 Price per Acre
255,697 Sq Ft Lot

Recently Sold

6% Below List Price

112 Days on Market

Highlights

  • City Lights View
  • Landscaped with Trees
  • Lot Has A Rolling Slope
  • No HOA

About This Lot

As of January 2025

An extraordinary opportunity awaits with this nearly 6-acre parcel featuring a blend of Commercial and Residential zoning, ideally situated in downtown Grand Marais with city sewer and water connections. Boasting approximately 825 feet of frontage along Highway 61, the property offers access from three different points on 1st Street, vastly enhancing its development potential. Whether you envision residential, commercial, or a mix of both, this property stands as a prime investment. Across Highway 61, the bike trail beckons and access to the lakeshore is nearby—a truly superb location!

Last Agent to Sell the Property

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 07/18/2024

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,462

Lot Details

  • 5.87 Acre Lot
  • Lot Dimensions are 300 x 825
  • Property fronts a highway
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Subdivision Possible

Parking

  • On-Street Parking

Additional Features

  • City Lights Views
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$2,462

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: The property is that east of the Blue Moose on Hwy 61. It can also be accessed from the south end of 10th, 11th, & 12th Avenues West below 1st Street.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-2131
  • Renewal Options: Sell Entirely, Will Divide
  • List Price/ Sq Ft: 110732.54
  • Road Maintenance: Public, Year Round
  • Property Sub-Type: Mixed Use
  • Tax Year: 2024
  • Twp Number: 61
  • View Type:Pond View: City Lights, Typical
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Curbs/Gutters, Paved, Sidewalk, Street Lights, Storm Sewer, City, Highway, State

Garage/Parking

  • Parking Driveway: Street

Utilities

  • Available Utilities: City Water, City Sewer, Electric
  • Power Company: Grand Marais PUC

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Cook County #166
  • Junior High Dist: Cook County #166

Lot Info

  • Geo Update Timestamp: 2024-07-18
  • Estimated Lot Dimensions: 300 X 825
  • Estimated Number of Acres: 5.87
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Match Code: 3
  • Land Improvements: No
  • Lot Description: Irregular Lot, Tree Coverage - Medium, Rolling

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2462

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $650,000 -5.8% --
11/07/2024 11/07/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $689,900 -- --
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114986