For Sale: Mc Grath MLS# 7133252
Active
NEW!
$650,000
Commercial: 1 Story
Built 1963
10 acres
Mcgregor schools
MLS# 7133252
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Property Description
McGrath Commercial Property – 10 Acres with Operational Business & Expansion Potential
BRING YOUR VISION TO THIS UNIQUE McGRATH COMMERCIAL PROPERTY! Prominently positioned at the intersection of Highways 18 and 65, this expansive 10-acre commercial property offers a rare opportunity to acquire an established operational business location with multiple revenue streams, existing infrastructure, highway visibility, and significant room for future expansion.
The property is currently open and operating, with the gas station, convenience/grocery store, liquor store, and coin-operated laundromat all currently in use. The property features approximately 3, 463 square feet of building space across two buildings, along with a 42'x46' open pole building providing additional space for storage, equipment, or future use. The garage/mechanic area is currently closed, offering an additional opportunity for a buyer to potentially utilize or repurpose that space.
Existing fueling infrastructure includes five gas pumps with a total of 26 nozzles, while the commercial buildings provide established spaces for retail, liquor sales, laundry operations, and additional commercial uses.
Beyond the existing business operations, the property offers 10 acres of land with plenty of room to explore additional possibilities. The back acreage currently includes three camper trailers rented on a monthly basis, providing an additional source of income and further demonstrating the property's potential for diversified use.
Whether you're an entrepreneur looking to operate an established business, an investor seeking multiple income opportunities, an owner-user wanting a property with room to grow, or a buyer with a vision for expanding or redeveloping the site, this property offers a unique combination of operating businesses, existing infrastructure, highway visibility, acreage, and additional underutilized space.
An established commercial property with active operations today and plenty of opportunity for tomorrow. With multiple existing income-producing components, additional unused space, 10 acres, and a highly visible highway location, bring your vision and explore the possibilities this unique McGrath property has to offer!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$650,000
Property Type:
Commercial
City:
Mc Grath
Garage Spaces:
2
County:
Aitkin
Year Built:
1963
State:
MN
Property Style:
1 Story
Zip Code:
56350
Interior
Ceiling Height:
Less Than 8 Feet
Flooring:
Tile
Appliances Included:
- Electric Water Heater
- Freezer
- Other
- Refrigerator
Basement Details:
- Block
- Full
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
25x50
Garage Size:
1,300 ft2
Garage Door Height:
9
Garage Door Width:
9
Foundation Size:
3,510 ft2
Foundation Dimensions:
26.78x18.75
Fencing:
None
Handicap Accessible:
No Stairs Internal, Partially Wheelchair, Wheelchair Ramp(s), Roll-In Shower
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Attached Garage
- Carport
- Covered
- Electric
- Floor Drain
- Garage Door Opener
- Heated Garage
- Insulated Garage
- Open
- Parking Lot
- Paved Lot
Road Frontage:
State Road
Exterior Material:
- Block
- Frame
Roof Details:
Metal
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
10
Geolocation:
46.217766, -93.276388
Inclusions:
Building, Fixture/Equipment, Land
Lot Dimensions:
632 x 660 x 634 x 672
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
4
District Phone:
2187682111
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$3,480
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$3,480
Units
Total Units:
1
Miscellaneous
Current Use:
- Commercial
- Laundromat
- Other
- Professional/Office
- Retail
Fuel System:
Propane
Owner Occupied:
No
Sewer System:
Tank with Drainage Field
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
Well
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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!
Listing provided by RMLS,
courtesy of Century 21 Atwood.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.