12193 Ash River TrlOrr, MN 55771

  • Commercial real estate
  • 4,500 SF
For Sale
$595,000 View listing
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Property Details for 12193 Ash River Trl

Year built
2001
Lot size
7.06 AC
Property size (Sq ft)
4,500 SF
Property type
Commercial real estate
APN
763-0010-01895
APU
763001001895

Description

This exceptional turn-key business opportunity is located at 12193 Ash River Trail, Orr, Minnesota. The property encompasses a 4,500 square foot convenience store and gas station situated on a 7.06-acre lot. Its strategic location at the entrance to Voyageurs National Park ensures a steady stream of tourist traffic. The business offers a diverse range of products and services, including Minnesota-themed goods, bait and tackle, unique crafts, apparel, lottery tickets, snacks, and a mini-grill. A connected liquor store provides an additional revenue stream. The property benefits from high daily traffic volume on Highway 53, with thousands of vehicles passing by. This prime real estate is only 17 miles from International Falls and the Canadian border, providing access to a large customer base. The business is well-established and presents a significant opportunity for continued growth and profitability. The property's size and location make it ideal for expansion or diversification. This is a rare chance to acquire a thriving business with significant potential in a desirable location. The asking price is $595,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $937,661
    6.5%
    $865,534
    7%
    $803,710
  • Comparable approach

    Method
    Valuation
    Relative Method
    $229,680
    Geo Method
    $229,680
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,709,220
    Retail / Commercial
    $875,465
    Mixed-Use / Specialty
    $871,544
    Hospitality / Lodging
    $638,383
    Office
    $865,534
    Institutional / Educational
    $905,769
    Residential Income
    $1,059,750
    Multifamily
    $1,275,440
    Automotive / Energy
    $776,373
    Parking / Income-Based Land
    $268,707
    Restaurant / Food Service
    $451,590
    Healthcare / Senior Housing
    $894,572

Location Insight

City
Orr
County
St. Louis
State
Minnesota
Latitude
48.3866
Longitude
-92.9951
CBSA code
20260
CBSA name
DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,016
$68,700
$195,800
$264,500
-
$68,700
$195,800
$264,500

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@paperhouses.co and they will add the team member.
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How can I contact the broker?
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