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30 Graceson Avenue S, Akeley, MN 56433

New - 16 Hours Ago

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Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 218-395-9239

Shown By

Agent Name: Anne Dickey
Agent Phone: (218) 639-5973
Agency Title: Counselor Realty

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Property Description

Investment opportunity in the heart of Akeley! This well-maintained 8-unit apartment complex offers an excellent chance to own a fully occupied income-producing property in one of northern Minnesota's most desirable lake regions. Situated on a convenient half-acre city lot, the property features eight 1-bedroom, 1-bath units with updated flooring, spacious layouts, city water and sewer, separate electric service, and ample off-street parking.Tenants enjoy easy access to downtown Akeley, Walker, Leech Lake, and the area's endless outdoor recreation opportunities including boating, fishing, ATV trails, snowmobiling, hunting, and public land access. The property is located just minutes from local restaurants, shopping, parks, and area employers, making it an attractive housing option year-round.The building consists of approximately 7,200 finished square feet and has demonstrated strong rental demand with stable occupancy. Utilities are separately metered for electric, while the property benefits from low-maintenance vinyl siding and a straightforward management structure.Whether you're looking to expand your investment portfolio or acquire a turnkey multifamily asset in a growing recreational market, this property delivers immediate cash flow and long-term upside potential.Financial information available upon request.

30 Graceson Avenue S | MLS# 7083985

This commercial property located at 30 Graceson Avenue S, Akeley, MN 56433 is currently listed for sale with an asking price of $399,000. Graceson Avenue S is located within the Walker-Hackensack-Akeley school district. Search Akeley real estate on adickey.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Cooling: Window Unit(s)
Fuel Type: Electric
Heating: Baseboard
Lot Size: 0.50 Acres
Roof Type: Age Over 8 Years, Metal, Pitched
Stories: 1.0
Taxes: $5,068
Year Built: 1997

Feature Descriptions

Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
Basement: None
Current Use: Commercial
Exterior: Block, Concrete
Foundation Size: 7200
Lot: Cleared
Lot Dimensions: 165x132x165x132
Parcel#: 293706110
Parking: Gravel, Guest Parking, On-Street Parking Only
Road Frontage: Paved Streets, Unpaved Streets
Sale Includes: Building, Business, Land, Leases
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Heat, Hot Water
Units: 8
Utilities: Electric Separate
Water: City Water/Connected

Local Schools

School District: Walker-Hackensack-Akeley

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 12:02:10 AM EST) or RMLS-MN MLS (last updated Tue 06/02/2026 11:53:23 PM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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