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Active NEW!
$1,475,000
/mo Edit
Single Family:  2 Stories
2 br • 1 ba • Built 1950
2,764 sqft • 1.85 acres
Cook County schools
MLS# 7092304
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    Property Description

    LIVE · PLAY · WORK on Lake Superior's North Shore. For nearly a century, Lockport Marketplace & Grill has been a destination institution in the heart of Lutsen — abeloved hangout for locals and a landmark stop for traveling guests exploring Lake Superior's stunning coastline. This rare opportunity combines a thriving multi-revenuebusiness (restaurant/café, retail, and fuel) with a private two-bedroom apartment on the second floor, giving you the ultimate live-work lifestyle in one of America's mostsought-after four-season communities. Ski Lutsen Mountains in winter, hike to cascading North Shore waterfalls in summer, and run a business with a built-in awelcoming community based following all year long. Much of the property remains undeveloped and prime for expansion — cabins or additional retail — in a Cook County market that is growing and trending. Perfectly positioned in the heart of Lutsen near ski hills, waterfalls, and Lake Superior, this is a once-in-a-lifetime chance to own a piece of North Shore history and write the next chapter yourself. Seasonal stream at the property line. Begin your next chapter on America's 'North Coast'.

    Listing

    Contingency: None
    Price per sq ft: $534
    City: Lutsen
    County: Cook
    State: MN
    Property Style: 2 Stories
    Zip Code: 55612
    Subdivision Name: Lockport

    Interior

    Living Area: 2,764 ft2
    Common Wall: No
    Appliances Included:
    • Dryer
    • Exhaust Fan
    • Indoor Grill
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: None
    Foundation Size: 2,764 ft2
    Foundation Dimensions: 30 x 54
    Handicap Accessible: Wheelchair Ramp(s)
    Out Buildings: Storage Shed
    Heating System:
    • Boiler
    • Hot Water
    Parking Features:
    • Parking Lot
    • Paved Lot

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Bathroom Details:
    • Main Floor 1/2 Bath
    • Upper Level Full Bath
    Second Level Size Sq Ft
    Dining Room  8' x 11'  88 
    Second Level Size Sq Ft
    Bedroom  9' x 13'  117 
    Second Level Size Sq Ft
    Kitchen- 2nd  7' x 13'  91 
    Second Level Size Sq Ft
    Living Room  12 x 18'  216 
    Second Level Size Sq Ft
    Bedroom 2  9' x 13'  117 
    Main Level Size Sq Ft
    Other  30' x 40'  1,200 
    Other  30' x 40'  1,200 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 1.85
    Geolocation: 47.64562, -90.67801
    Lot Dimensions: 385' x 200'
    Zoning: Other
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 166
    District Phone: 2183872271

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,928
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $7,028
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System:
    • Electric
    • Propane
    Sewer System: Private Sewer
    Water System: Private

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc. - Duluth.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.