Cedar Grove Business Park
The business park features zoning that is friendly to a wide variety of uses and flexible to feature many different building styles. Lots range in size from approximately .75 to 4 acres. The business park is currently home to a variety of businesses ranging from a veterinary clinic to a commercial laundry facility.
Sale Process
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Buyer provides EDA with a letter of intent (offer letter) and preliminary site plan/sketch. Here is a letter of intent template.
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EDA Board of Commissioners review offer and approve intent to sell at agreed upon sale price
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Due diligence period (buyer works through feasibility, financing, design, etc.—typically 30 day period)
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EDA holds public hearing to approve sale and corresponding Development Agreement
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EDA and buyer close on property
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Buyer works with licensed stormwater engineer to design construction and permanent stormwater management plan as required by MPCA
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EDA approves stormwater plan
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Buyer obtains necessary building permits from City of Grand Marais and MPCA
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After construction, buyer submits notice of termination to MPCA for their stormwater permit
