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1206 25th St E 59,760 SF Industrial Building Hibbing, MN 55746 $499,999 ($8.37/SF)

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Investment Highlights

Flexible Use Potential
Surrounded by Established Businesses

Large Footprint

Executive Summary

Commercial Building with Flexible Use Potential
Opportunity to acquire a 59,760 Square Foot commercial building suitable for a variety of uses, including retail-style operations and inventory storage. The compact footprint allows for efficient use of space for small-scale commercial activity or business support needs.
Situated in a good commercial location with surrounding businesses and visibility. Ideal for an owner-operator or investor seeking a commercial footprint. Property is tenant-occupied through July 28.

Property Facts

Price	$499,999	No. Stories	1
Price Per SF	$8.37	Year Built	1969
Sale Type	Investment or Owner User	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.67/1,000 SF
Property Subtype	Warehouse General Retail Storefront	No. Dock-High Doors/Loading	1
Building Class	C	No. Drive In / Grade-Level Doors	2
Lot Size	3.76 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	59,760 SF
Zoning	Commercial (General)

Price	$499,999
Price Per SF	$8.37
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse General Retail Storefront
Building Class	C
Lot Size	3.76 AC
Rentable Building Area	59,760 SF
No. Stories	1
Year Built	1969
Tenancy	Single
Parking Ratio	0.67/1,000 SF
No. Dock-High Doors/Loading	1
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Commercial (General)