Date
Details
Price
Change
Source
5/29/2026
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
$1,400,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/21
Property Description
Business opportunity! The Tofte General Store is for sale! This listing includes a thriving grocery store and liquor store directly on the legendary North Shore's Highway 61. The building was originally built in 1962 with 4 different additions over the years, including the most recent in 2020 and a remodel in 2024. The building itself is built to last with block construction with steel beams, a steel roof added in 2018, plus a thoughtfully designed loading dock. There are plenty of other updates throughout including new coolers, updated POS System, an owned ATM, a boiler with a heat reclamation system, plus plenty more. Don't miss your chance to own this North Shore gem! Schedule a tour to see it today!
Full Property Details
Full Property Details for 7125 Hwy 61 W
General
- Price: $1,400,000
- Taxes: $10,928 (2024)
- Status: Active
- Type: Retail
- Source: 1402
- MLS ID: 6125664
- Updated: 5/29/2026
- Added to Site: 7 day(s) ago
Business
- Name: Tofte General Store
Parking
- Parking Features: Asphalt
Location
- Area: R
- County: Cook County
- Driving Directions: From the south, take Highway 61 to Tofte, property will be on your left.
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Mound Septic
- Water: Drilled
Structural Information
- Construction: Concrete Block
- Exterior Const.: Block
- Basement: Yes
- Basement Desc.: Slab
- Roof: Metal
- Ceiling Height: 11-15 Feet
- Overhead Doors: 1
- Loading: Dock High
- Stories/Levels: 1
- Square Feet: 5,528
- Current Bldg. Use: Other
- Year Built: 1962
Lot Features
- Lot Size (Acres): 0.58
- Lot Dimensions: Irregular
- Frontage: Highway, State Road
Financial Considerations
- Price Per Sq. Ft.: $253.26
- Tax Amount: $10,928
- Tax Year: 2024
- Terms: Cash, Conventional, Small Business Admin.
Disclosures and Reports
- Ownership: Fee-Simple
- Legal Description: SECTION: 22, TOWNSHIP: 59, RANGE: 4 W, PART OF LOT 4
- Inclusions: Business, Fixture/Equipment, Inventory
- Property ID: 25-022-3245
Listed by My Place Realty, Inc.
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 7125 Hwy 61 W —
My Place Realty, Inc.
***
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 7125 Hwy 61 W
School District:Cook County Public Schools
| Name | Grades | Distance |
|---|---|---|
Sawtooth Mountain Elementary School 101 West 5th Street, Grand Marais, MN 55604 | PK-5 | 26.2 mi |
Cook County Middle School 101 West 5th Street, Grand Marais, MN 55604 | 6-8 | 26.2 mi |
Cook County Senior High School 101 West 5th Street, Grand Marais, MN 55604 | 9-12 | 26.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7125 Hwy 61 W
Tax History
Tax History for 7125 Hwy 61 W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,928
13%
$478,900
8%
2023
$9,680
2%
$442,400
4%
2022
$9,450
-27%
$426,700
22%
2021
$12,876
70%
$349,000
7%
2020
$7,552
-4%
$327,200
8%
2020
$7,876
-7%
$302,400
-1%
2019
$8,480
3%
$306,700
-1%
2018
$8,248
-23%
$310,900
-16%
2017
$10,772
7%
$370,600
—
2016
$10,104
—
$370,400
—
2015
$10,074
4%
$370,400
—
2014
$9,714
-5%
$370,400
—
2012
$10,276
—
$370,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7125 Hwy 61 W
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Condo
- Active
- Updated 3 days ago
- 1Bed
- 1Total Bath
- 588Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 1Total Bath
- 1,002Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
7125 Hwy 61 W, Tofte Township, MN 55615 (MLS# 6125664) is a Retail property. 7125 Hwy 61 W is currently listed for $1,400,000 and was received on May 29, 2026. Want to learn more about 7125 Hwy 61 W? Do you have questions about finding other Retail real estate for sale in Tofte Township? You can browse all Tofte Township real estate or contact a Coldwell Banker agent to request more information.