Fenstad's Motel --Price Reduction!

Rental Property on Old Gunflint Trail . Six individual rental units each with separate entrance, kitchenette, full bath, and off-street parking.  Located on the Old Gunflint Trail just 3 blocks from downtown, this property is located perfectly for walking anywhere in Grand Marais. Very nice view of Lake Superior.  Zoned as Resort/Commercial Neighborhood (RCN) means this property has long-term opportunity.  Decent rental history. Ample parking area this 112 foot by 128 foot lot  totaling just about 1/3 acre.  Perfect opportunity for ambitious entrepreneur.

More information:

• MLS #: 22458
• Price: $192,000
• Address:  215 Fifth Avenue West (old Gunflint Trail)
• Directions:  Highway 61 to 5th Avenue West.  North 3 blocks to #215 on west side.
• Lot dimensions:  112' x 128'
• Zoning: RCN
• Taxes: $1272 2007 Non-homstead
• Utilities: Approximately $500/month for PUC plus propane.

This property is listed by Susan K. "Sue" Hakes. Click here to learn more about Sue. Click here to send an e-mail to Sue requesting more information on this property (please include the address or MLS number in your e-mail!).