40576 County Road 242 Cohasset, MN 55721

$299,000
Active
estimated monthly payment
2 Beds  |  2 Baths  |  0 Sq Ft  |  Single Family  |  MLS # 6763625
  • 40576 County Road 242, Cohasset, MN 55721 Listing Photo  1
  • 40576 County Road 242, Cohasset, MN 55721 Listing Photo  2
  • Living room
    Living room
  • Kitchen
    Kitchen
  • basement
    basement
  • equipment
    equipment
  • 40576 County Road 242, Cohasset, MN 55721 Listing Photo  7
  • 40576 County Road 242, Cohasset, MN 55721 Listing Photo  8
  • Gravel pit
    Gravel pit
  • gravel pit
    gravel pit
  • Road
    Road
  • upstairs living room
    upstairs living room
  • 40576 County Road 242, Cohasset, MN 55721 Listing Photo  13
  • 40576 County Road 242, Cohasset, MN 55721 Listing Photo  14
  • 40576 County Road 242, Cohasset, MN 55721 Listing Photo  15
  • 40576 County Road 242, Cohasset, MN 55721 Listing Photo  16
  • 14-DJI_20250801142750_0256_D.jpg
    14-DJI_20250801142750_0256_D.jpg

About The Listing

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!


Listing courtesy of Erin Bowers, GRAND PROPERTIES REAL ESTATE
Purchase Price
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1960
MLS #: 6763625
Bedrooms: 2
Square Feet: 0
Bathrooms (Full): 0
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 2
Garage Spaces: 2
Parking Description: Attached Garage, Gravel
Sewer Description: Tank with Drainage Field
Air Conditioning Type: None
Water: Well
Heat Type: Baseboard
Basement: Unfinished
Construction Description: Cedar
Days On Market (Continuous): 6
Disability Features: No Stairs External
Latest Update: 08/14/2025
List Date: 08/13/2025
Listing Agent ID: 501000632
Listing Office: GRAND PROPERTIES REAL ESTATE
Listing Office ID: 27579
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Number of Fireplaces: 0
Lot Dimensions: 1326 x 664
Lot Size: 20.2 Acres
School District: Grand Rapids
Tax Year: 2025
Estimated Taxes: $1,233
Contingency Type: None
City: Cohasset
Zip: 55721
County: Itasca
State: MN
Listing last updated: 08/14/25

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