40576 County Road 242, Cohasset, Minnesota 55721

MN, Cohasset
$299,000
  • 2 Beds
  • 2 Bath
  • Residential Property Type
  • 1960 Year Built
  • Active Status
See All 17 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Incredible Investment Opportunity – 20 Acre Gravel Pit with Home!
Rare chance to own a 20-acre inactive gravel pit with endless potential for resource extraction, or income-generating opportunities. Located in a private and accessible area, this property offers both industrial value and residential potential.
Included is a 2-bedroom, 2-bath fixer-upper home – perfect for renovation into an office, rental, or your private residence. With some TLC, this structure can become a comfortable home base or add significant value to your investment.
Highlights:
20 acres of land with proven gravel reserves
Great access to major roads/highways
Existing well, septic, and power
2-bed, 2-bath home with solid structure – needs renovation
Perfect for contractors, builders, investors, or anyone seeking a mixed-use property with income potential. Opportunities like this don’t come often, schedule your showing today and explore the full potential of this one-of-a-kind property!

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 6763625
  • Price: $299,000
  • Year Built: 1960
  • Listing Status: Active
  • Office Name: GRAND PROPERTIES REAL ESTATE
  • Property Sub Type: Single Family Residence
Features
  • Heating System Baseboard
  • Cooling System None
  • Basement Unfinished
  • Parking Attached Garage,Gravel
  • Sewer Tank with Drainage Field
Address Map
  • Country US
  • State MN
  • County Itasca
  • City Cohasset
  • Zipcode 55721
  • Street: County Road 242
  • Street Number: 40576
  • Longitude: W94° 16' 48.8''
  • Latitude: N47° 12' 43.2''
  • Directions: About 7 miles down CR 63 from Grand Rapids, take a left onto CR 242. 1 mile down CR 242, just past the Rice Lake boat landing. House on the R. Keep left on driveway to house.
Neighborhood
  • High School District: Grand Rapids
MLS Addon
  • Office Name: GRAND PROPERTIES REAL ESTATE
Additional Information
  • Water Source: Well
  • Accessibility Features: No Stairs External
  • Building Size: 2262
  • Construction Materials: Cedar
  • Electric: 200+ Amp Service
  • Garage: 2
  • Levels: One
  • Lot Size Dimensions: 1326 x 664
Financial
  • Tax Annual Amount: 1233
Listing Information
  • Co List Agent Mls Id: 501000613
  • List Agent Mls Id: 501000632
  • List Office Mls Id: 27579
  • Modification Timestamp: 2025-08-14T10:04:08Z
  • Originating System Name: NorthStar
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