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$995,000

Listing Price

4beds

5baths

6,168sqft

36,155sqft lot

1315 E Highway 61, Grand Marais, MN 55604

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

--

Price / sqft

1990

Year built

Home Details

Incredible commercial opportunity in Grand Marais! Great location with huge potential. Once a Restaurant and Bar, this building has a huge entertaining space, beautiful custom kitchen, vaulted ceilings, bar area with ample seating, and outdoor patio. 2nd level with bath, 3 non-conforming sleeping areas, and tons of storage--could be converted into offices, apartment, or bedrooms. Perfect for hosting a wedding, reunion, or other large gathering. Plenty of parking! Separate 3 bed, 1 bath apartment with its own entrance. To top this off, there's even an apple orchard on site! Events center? Offices? Apartments? Service establishment? Great for daily, nightly, weekly, or monthly rentals! It won't take much imagination to turn this well-constructed building into your investment dream!

Interior Details

Square Feet
  • 6168

Bedrooms
  • 4

Bathrooms
  • 5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Tile (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 36155

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Tuckunder

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • N/A

Style
  • Ranch

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$4,032

$160,800

$293,900

--%

$454,700

2018

$4,204

$160,800

$294,100

--%

$454,900

2017

$3,908

$160,800

$297,400

--%

$458,200

2016

$2,590

$160,800

$297,600

--%

$458,400

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Average Home Price in 55604

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
995,000
$
Down payment
199,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
5,970
$
HOA (Monthly)
0
$
PMI
0
$
$6,441
Your Payment
Total Monthly Payment:$6,441
Percent of Income:110%
Affordable:No

Details for 1315 E HIGHWAY 61

Property Debt

Foreclosure Contact Details

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