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$1,200,000

  • Sold
  • Closed
  • Vacant
  • 3,000 Sq. Ft.
  • 14.57 Acres
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PRIME BUSINESS LOCATION 14.57 Acres approximately 530 frontage on Rice Lake Rd Zoned Commercial just North of the intersection of Rice Lake Rd and Martin Rd, where Boomtown Restaurant and Kwik Trip are located. City Sewer is running past the property this summer and city water is on the other side of the street. There is a proposed roundabout intended for that intersection. It's adjoining 22.4 Acres that is For Sale for $1,680,000. There is an Office 20x24 built in 1991 with a half bath and a 42x60 building built in 1994, that has in-floor heat, an office, 3 man doors, a 12'x12' door, a 14' high by 16' wide door and a bathroom ready to be finished. There is also a 110,000 sq ft asphalt parking lot installed in 1991. This property has endless opportunities. The State Snowmobile Trail runs through the rear of the property.

Full Property Details for 4958 Rice Lake Rd

General

  • Sold For: $1,200,000
  • Taxes: $5,886 (2022)
  • Status: Closed
  • Type: Vacant
  • Source: 1402
  • MLS ID: 6106979
  • Added to Site: 1, 074 day(s) ago

Parking

  • Parking Features: Asphalt

Location

  • Area: R
  • County: St. Louis County
  • Driving Directions: North on Rice Lake Rd 1/4 mile North of the intersection of Martin Rd and Rice Lake Rd on the right.

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Baseboard, In Floor Heat

Utilities

  • Sewer: Private Sewer
  • Water: Private

Structural Information

  • Construction: Frame/Wood, Steel
  • Exterior Const.: Metal, Wood
  • Basement: Yes
  • Basement Desc.: Slab
  • Roof: Asphalt, Metal
  • Ceiling Height: Over 21 Feet
  • Overhead Doors: 2
  • Square Feet: 3,000
  • Current Bldg. Use: Vacant
  • Year Built: 1991

Lot Features

  • Lot Size (Acres): 14.57
  • Lot Dimensions: 530 x 1200 appro x imately
  • Frontage: County Road

Financial Considerations

  • Price Per Sq. Ft.: $400
  • Tax Amount: $5,886
  • Tax Year: 2022
  • Terms: Cash, Conventional, Small Business Admin.

Disclosures and Reports

  • Legal Description: CITY OF RICE LAKE SEC:29 TWP: 51.0 RG:14 LOT: BLK: ACRES: 5.61 SLY 200 FT OF NW1/4 OF SW1/4 EX HWY EASEMENT ACRES: 4.48 N1/2 OF N1/2 OF N1/2 OF SW1/4 OF SW1/4 EX HWY EASEMENT 4.48 S1/2 OF N1/2 OF N1/2 OF SW1/4 OF SW1/4 EX HWY EASEMENT
  • Inclusions: Building
  • Property ID: 520-0017-00570 & 00582 & 00583

Listed by RE/MAX Results
Sold by Messina & Associates Real Estate

Listing agent

— 4958 Rice Lake Rd —

  • RE/MAX Results

***

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 4958 Rice Lake Rd

School District:Duluth Public School District
NameGradesDistance
Homecroft Elementary School
4784 Howard Gnesen Road, Duluth, MN 55803
PK-52.1 mi
Ordean East Middle School
2900 East 4th Street, Duluth, MN 55812
6-85.5 mi
East Senior High School
301 North 40th Avenue East, Duluth, MN 55804
9-126 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4958 Rice Lake Rd

Date
Details
Price
Change
Source
12/29/2023
Sold
$1,200,000
-20%
MLS
2/22/2023
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Results
Sold by Messina & Associates Real Estate

4958 Rice Lake Rd, Rice Lake, MN 55803 (MLS# 6106979) is a Vacant property that was sold at $1,200,000 on December 29, 2023. Want to learn more about 4958 Rice Lake Rd? Do you have questions about finding other Vacant real estate for sale in Rice Lake? You can browse all Rice Lake real estate or contact a Coldwell Banker agent to request more information.