For Sale: Bigfork MLS# 7150908
Active
NEW!
$416,000
Commercial: Other
15 br • 6 ba • Built 1938
0.48 acres
Grand Rapids schools
MLS# 7150908
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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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$416,000
Property Type:
Commercial
City:
Bigfork
Garage Spaces:
0
County:
Itasca
Year Built:
1938
State:
MN
Property Style:
Other
Zip Code:
56628
Subdivision Name:
Third Add To Bigfork
Interior
Bedrooms:
15
Bathrooms:
6
Flooring:
Tile, Vinyl
Exterior
Garage Spaces:
0
Air Conditioning:
Ductless Mini-Split
Foundation Size:
4,369 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Ductless Mini-Split
- Hot Water
Parking Features:
Parking Lot
Road Frontage:
City Street
Roof Details:
Metal
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.48
Geolocation:
47.74619, -93.650919
Inclusions:
Building, Business, Fixture/Equipment, Inventory, Leases
Lot Dimensions:
110 x 320 x 460 x 95
Zoning:
Other
Lot Description:
Irregular Lot
Farm
Topography:
Level
Schools
School District:
318
District Phone:
2183275704
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,473
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,716
Units
Total Units:
15
Miscellaneous
Current Use:
- Other
- Professional Service
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Common
Water System:
City Water/Connected
Power Company Name:
Minnesota Power
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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 MN LAKESHORE PROPERTIES/MN UP NORTH REALTY.
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.