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Active NEW!
$200,000
/mo Edit
Commercial:  1 Story
Built 1980
4.5 acres
Deer River schools
MLS# 6768204
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    Property Description

    Excellent opportunity to own 4.5 acres of highly visible, accessible land right on State Highway 2 in Deer River. Whether you're looking to expand your business, establish a new operation, or simply invest in a property with serious potential, this one checks all the boxes. The property features a 42x144 shop, offering ample space for equipment, vehicles, or large-scale storage needs. 40x100 of the building is fully insulated and heated, making it ideal for year-round use—perfect for a workshop, service facility, or indoor storage. With high traffic exposure and easy access, this location is ideal for commercial use, light industrial operations, or investment income from leasing storage space.

    Listing

    Contingency: None
    City: Deer River
    County: Itasca
    State: MN
    Property Style: 1 Story
    Zip Code: 56636
    Subdivision Name: Lying South/The Great Northern

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Door Height: 13
    Garage Door Width: 17
    Other Parking Spaces: 0
    Air Conditioning: None
    Foundation Size: 6,048 ft2
    Foundation Dimensions: 42x144
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features:
    • Heated Garage
    • Insulated Garage
    Road Frontage: Highway
    Exterior Material: Metal Siding
    Roof Details: Metal

    Lot & Land

    Acres: 4.5
    Geolocation: 47.333699, -93.799103
    Inclusions: Building, Land
    Lot Dimensions: 250 x 500 x 545 x 550
    Zoning: Business/Commercial
    Lot Description:
    • Cleared
    • Railroad

    Schools

    School District: 317
    District Phone: 218-246-2420

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,349
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,484

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Storage Facility
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: Tank with Drainage Field
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of GRAND PROPERTIES REAL ESTATE.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.