$1,475,000

5362 Hwy 61 W, Lutsen, MN 55612

Save Contact

$1,475,000

5362 Hwy 61 W Lutsen, MN 55612

For Sale MLS# 6121567

2,700 sq ft Commercial

Comments

Notifications

To receive email notifications, you need to update your profile with your email address.
Data current as of 18/12/2025 05:40:12

Details for 5362 Hwy 61 W

MLS# 6121567

Description for 5362 Hwy 61 W, Lutsen, MN, 55612


Lutsen's "Lockport Marketplace & Grill" has been a destination for visitors and locals alike since the late 1920's. Here is an opportunity to own a slice of commercial property on the North Shore in the heart of Lutsen near the shores of Lake Superior on HWY 61. Current business model is a breakfast/lunch restaurant and retail trade. Prime real estate investment opportunity with lease opportunities for the investor or for the entrepreneur an opportunity to own their own business and live on Minnesota's North Shore. Two bedroom, 1 bath apartment available on site for owner residence or rental property. Much of this 1.85 acre property is undeveloped and perfect for future expansion. Invest yourself in historic Lockport one of America's finest destination.

Listing Information


Property Type: Commercial

Status: Active

Bathrooms: 1

Lot Size: 1.85 Acres

Square Feet: 2,700 sq ft

Construction: Frame/Wood

Number Of Units Total: 1

County: Cook

School Information


District: Cook County #166

Utilities


Water: Private

Sewer: Private

Heating: Propane

Exterior / Lot Features


Exterior: Other

Roof: Asphalt Shingles

Lot Dimensions: 385 X 200

Driving Directions


Travel HWY 61 to Lutsen. Lockport is located 90 miles north of Duluth near mile marker 91.5 on the lake side of the HWY 61.

Financial Considerations


Terms: Cash,Conventional

Tax/Property ID: 27-126-3340

Tax Amount: 6820

Tax Year: 2025

Property price
$
Down payment
$
%
Select Interest Rate
%
Loan term
Property taxes
$
/yr
HOA dues
$
/mo
Homeowners insurance
$
/yr
$0/yr
Show advanced features

Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 5362 Hwy 61 W

Schools in attendance boundaries Grades Distance Rating
Loading...


Schools nearby Grades Distance Rating
Loading...

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

Coming soon properties will soon be on the market, but are not yet available for showings.