$799,900

1111 Pokegama Avenue S

Grand Rapids MN, 55744

Description

Surrounded by diverse businesses on 3 sides and dense housing to the west, this 6.7 acre development opportunity is accessed from the single busiest stretch of road in Itasca County - MNDOT estimates19,800 cars a day pass by on average. There's also access from Golf Course Road/County Rd. 23 (en route to the hospital and clinics, West Elementary and the Forest History Center) and also from quiet SW 2nd Ave. Walking distance to breweries, restaurants, the Farmers' Market, groceries/retail and banking. This site could be an excellent opportunity to capitalize on Grand Rapids' less than 1% residential rental vacancy rate or the area's continued scarcity of long and short-term lodging with a mixed use development. Internet speeds up to 1 GB per second. 25' pylon sign on Highway 169/Pokegama Ave.Development incentives exist at city, county and state levels.

Details

MLS#5688243
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1950
Days On Site149

Features

Units1
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Area Information
StateMN
CountyItasca
CityGrand Rapids
Zip Code55744
Listing VS Median (in 55744)
Price:
$799,900
low | high
Med:
$174,900
100% of Average
On Site:
149
low | high
Med:
455
32.747252747253% of Average
Sourced by Back At You
Listing Updated: February 12, 2021 4:49:27 PM PST
Jesse Davis LogoMLS Number: 5688243
Listing Provided By:
Jesse Davis  of  MOVE IT REAL ESTATE GROUP LAKEHOMES.COM

MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Northstar MLS.