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$416,000
Est. payment /mo
15 Beds
6 Baths
0.48 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Third Add To Bigfork
MLS Listing ID 7150908
Bedrooms 15
Year Built 1938
Annual Tax Amount $1,473
Tax Year 2026
Contingent None
Lot Size 0.480 Acres
Lot Dimensions 110x320x460x95
Property Description
Once in a hundred-year opportunity! This is an incredibly low risk investment opportunity with a powerful purpose. Originally this was the first rural hospital in MN and has historical roots of helping all types of people for almost 80 continuous years. Now this vital community supported cornerstone is providing 15 men with a crucial steppingstone to success through transitional housing. The Scenic Highway 7 and Scenic Highway 38 lead you directly to the building where it sits at the breathtaking confluence of the Big Fork River and Rice River. The definition of peaceful, offering a serene, healing waterfront environment while maintaining the connections to big city opportunity. The building features a substantial 4,000 square foot foundation across two stories. The exclusive lease for a highly successful Board and Lodge facility with Supplemental Services is included in the sale. This makes it an incredibly secure, cash-flowing asset from day one.
Continuing this turn-key, high-impact mission as you not only make a difference but turn your investment into financial security. This landmark waterfront property offers an unmatched blend of financial safety and social impact. Flexible deal structuring options are available.
Continuing this turn-key, high-impact mission as you not only make a difference but turn your investment into financial security. This landmark waterfront property offers an unmatched blend of financial safety and social impact. Flexible deal structuring options are available.
Location
State MN
County Itasca
Zoning Other
Interior
Heating Ductless Mini-Split, Hot Water
Cooling Ductless Mini-Split
Flooring Tile, Vinyl
Inclusions Building, Business, Fixture/Equipment, Inventory, Leases
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Common
Roof Type Metal
Present Use Other,Professional Service
Building
Lot Description Irregular Lot
Foundation 4369
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Grand Rapids
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Listed by DAVID RITTER,BROKER • MN LAKESHORE PROPERTIES/MN UP NORTH REALTY
Nearby School & Business
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