Home › 416 S Pine Street, Grantsburg, WI 54840 (MLS# 7130212)

416 S Pine Street, Grantsburg, WI 54840 (MLS# 7130212)

$650,000
416 S Pine Street
Grantsburg, WI 54840
MLS# 7130212
Status: Pending
15 beds  |  1 baths  |  8000 sqft
416 S Pine Street, Grantsburg, WI 54840
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416 S Pine Street, Grantsburg, WI 54840 416 S Pine Street, Grantsburg, WI 54840 416 S Pine Street, Grantsburg, WI 54840 416 S Pine Street, Grantsburg, WI 54840 416 S Pine Street, Grantsburg, WI 54840 416 S Pine Street, Grantsburg, WI 54840

Property Description
A great investment opportunity! This apartment building Is fully rented out and ready for the next investor. Well maintained multi-unit apartment building in a quiet Grantsburg neighborhood. This property offers solid rental income with multiple clean, functional units featuring practical layouts and good natural light. This is also a historical building in the community being built in 1930 and being the hospital of Grantsburg for many years. All the tenants have passed background checks and do not cause issues. They all have year leases and with Off street parking, mature trees, and usable yard space add convenience and curb appeal. A strong investment opportunity in a desirable location.

Details
Maps
Contract Information
Status: Pending
Off Market Date: 2026-10-12
Current Price: 650000
Contingency: None
ListPrice: 650000
List Date: 2026-08-20
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Waterfront YN: No
Year Built: 1930
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Bedrooms: 15
Baths Total: 1
Foundation Size: 2600
For Sale or Lease: For Sale
Acres: 0.49
Lot Dimensions: 162x132
Assessment Pending: No
Location Tax and Other Information
House Number: 416
Street Direction Prefix: S
Street Name: Pine
Street Suffix: Street
Postal City: Grantsburg
County: Burnett
State: WI
Zip Code: 54840
Complex/Dev/Subdivision: Andersons Add
Assessments
Tax With Assessments: 3394.48
Basement
Foundation Dimensions: 35x75
Building Information
Building Finished SqFt: 6750
Building SqFt: 8000
Income and Expenses
Annual Gross Income: 65640
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 19W
Section#: 14
Township#: 38
Sale Options
Sale Includes: Building, Business, Leases
Unit 1
Unit Number: 12
Monthly Rent: 900
Total Bedrooms: 3
Level: Below Ground
Leased?: Yes
Lease Expiration Date: 2027-01-01
No. of 1 Bedroom Units: 1
Unit 2
No. of 2 Bedroom Units: 3
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: Below Ground
Monthly Rent: 900
Total Bedrooms: 3
Unit Number: 11
Unit 3
No. of 3 Bedroom Units: 2
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: 2nd Level
Monthly Rent: 805
Total Bedrooms: 2
Unit Number: 21
Unit 4
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: 3rd Level
Monthly Rent: 785
Total Bedrooms: 2
Unit Number: 31
Unit 5
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: 2nd Level
Monthly Rent: 750
Total Bedrooms: 2
Unit Number: 22
Unit 6
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: 3rd Level
Monthly Rent: 705
Total Bedrooms: 2
Unit Number: 33
Unit 7
Full Baths: 1
Lease Expiration Date: 2027-01-01
Leased?: Yes
Level: Main Level
Monthly Rent: 625
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Number: 7
Unit Details
Total Units: 7
Property Features
Accessible: Doors 36"+; Wheelchair Ramp
Air Conditioning: Central Air
Amenities Shared: Coin-op Laundry Owned
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Commercial; Residential
Exterior: Brick/Stone
Foundation: Brick/Mortar
Fuel: Electric
Heating: Forced Air
On Site Utilities: Electric Separate; Heating Separate
Parking Characteristics: Parking Lot
Rent Rate per Foot: Per Month
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years
Sewer: City Sewer/Connected
Water: City Water/Connected

Listing Office: Edina Realty, Inc.

Last Updated: October - 12 - 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.

Wednesday 14th of October 2026 10:16 PM

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