7125 MN-61 - Retail FOR SALE


Tofte, MN 55615
$1,400,000 USD
218-336-7944
7125 MN-61, Tofte, MN for Sale
$1,400,000 USD
Retail - FOR SALE
1/8
null | Request Cap Rate

NEW


7125 MN-61
Tofte, MN 55615


HIGHLIGHTS

  • High Visibility
  • Corner Lot
  • Liquor Store and Grocery Opportunity

OVERVIEW

Business opportunity! the Tofte General Store is for sale! This listing includes a thriving grocery store and liquor store directly on the legendary North Shore's Highway 61. The building was originally built in 1962 with 4 different additions over the years, including the most recent in 2020 and a remodel in 2024. The building itself is built to last with block construction with steel beams, a steel roof added in 2018, plus a thoughtfully designed loading dock. There are plenty of other updates throughout including new coolers, updated POS System, an owned ATM, a boiler with a heat reclamation system, plus plenty more. Don't miss your chance to own this North Shore gem! Schedule a tour to see it today!

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Tofte General Store

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commercial

APN/PARCEL ID

25-022-3245

ASK ABOUT THIS PROPERTY

Ryan BaylessRE/MAX ResultsMore Info
218-336-7944

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Ryan BaylessRE/MAX ResultsMore Info
218-336-7944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.