1111 Pokegama Avenue S, Grand Rapids, MN 55744

$799,900

Property 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 estimates 19,800 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.

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Listing courtesy of MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM.

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