504 Powell Avenue, Coleraine, MN 55722 (MLS# 7004495)

504 Powell Avenue, Coleraine, MN 55722

$249,000
Property Type: Commercial Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $249,000 List Date: 1/07/2026 Last Modified: 8/24/2026

Overview

Description

Optimally situated just off of highly-traveled Hwy 169, in Coleraine, Minnesota. This 1,800 square foot convenience and liquor store is ready for its next chapter. With the liquor license being renewed for 2026, this business offers the next owner infinite potential. Whether you continue as a similar operation or bringing your own vision to life. The property includes equipment like coolers and remaining inventory. Additionally, there’s a 20 x 24 detached garage for extra storage or space for future expansion.

Listing Details MLS# 7004495

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Waterfront YN
No
Year Built
1971
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1800
Garage Stalls
Yes
Power Company
Minnesota Power
For Sale or Lease
For Sale
Acres
0.3
Lot Dimensions
112 x 125 x 110 x 105
Assessment Pending
Yes

Property Features

Accessible: No Stairs External Air Conditioning: Central Air CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Business Service Exterior: Brick/Stone; Vinyl Foundation: Slab Fuel: Oil Heating: Forced Air Internet Options: Fiber Optic On Site Utilities: Electric Separate; Heating Separate Parking Characteristics: Parking Lot; Paved Lot Road Responsibility: Public Maintained Road Roof: Rubber Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
Subject to Financing
ListPrice
249000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
504
Street Name
Powell
Street Suffix
Avenue
Postal City
Coleraine
County
Itasca
State
MN
Zip Code
55722
Complex/Dev/Subdivision
Jan-Mar

Assessments

Assessment Installment
243
Tax With Assessments
3012

Basement

Foundation Dimensions
40 x 45

More Information

Building Information

Building Finished SqFt
1800

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
20 x 24
Garage Square Feet
480

Public Survey Info

Range#
24
Section#
31
Township#
56

Sale Options

Sale Includes
Building, Business, Fixture/Equipment, Land, Liquor License

Unit Details

Total Units
Yes
IDX
Listing Office: COLDWELL BANKER NORTHWOODS
Last Updated: August - 24 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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