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1462 S 12th Ave
Virginia, MN 55792
New Caribou Coffee Retail Center with Upside · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,994 SF
Building Class
B
Year Built
2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.61 AC

AMENITIES

  • Signage

ABOUT 1462 S 12TH AVE , VIRGINIA, MN 55792

This retail center is an outparcel to Thunderbird Mall at the curve of Highway 53 in Virginia, Minnesota. Traffic averages 16,000 vehicles daily just south of the property on Highway 53. Thunderbird Mall is regional shopping destination with more the 20 specialty shops including Tractor Supply Co., ALDI Foods, Dunham’s Sports, GNC, Papa Murphy's, Christopher Banks, and Bed, Bath, & Bodyworks. Other area retailers include Menards, Target, Super One Foods, Walgreens, McDonald’s, Holiday Station, Iron Hills Toyota, Domino’s Pizza, Dollar Tree, Arby’s, Village Inn, Pizza Hut, Hardee’s, and more. This retail center is less than two miles south of Essentia Health, a 25-bed hospital and trauma center. Virginia  is a city in Saint Louis County, Minnesota, on the Mesabi Iron Range. The city's nickname is the "Queen City", or "Queen City of the North." Virginia is considered the commerce center of the Mesabi Range. Virginia serves as a shopping, industrial, educational, and medical hub for the surrounding communities. Virginia is also a regional transportation hub within the Mesabi Range. Major roadways include U.S. Highway 53, U.S. Highway 169, and State Highway 135 (MN 135). Other main routes include 2nd Avenue West, 12th Avenue West, 13th Street South, 8th Street South, and 9th Street North. The downtown area of Virginia is centered along Chestnut Street. Mesabi Trail is a premier bicycle trail winding through some of the most scenic parts of the state including Virginia. Currently over 135 miles of trail offers convenient accessibility at numerous entry points. Virginia is the home of the Land of the Loon festival, an annual event in June, it is an Ethnic Arts and Crafts Festival celebrates the culture and customs of the diverse people who settled in Northeastern Minnesota.  Olcott Park is a city park in Virginia. Olcott Park is home to the Olcott Park Greenhouse which displays of thousands of plants, everything from bougainvilla to lemon trees to cactus.  It is named after William J. Olcott who headed The Oliver Mining Company, which was the largest mining company on the Iron Range for decades. Virginia is approximately 60 miles north of Duluth, and 200 miles north of Minneapolis-St. Paul, Minnesota.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
090013600012
Land Assessment
$281,200
Improvements Assessment
$988,000
Total Assessment
$1,269,200
  • Listing ID: 15100118

  • Date on Market: 2/6/2019

  • Last Updated:

  • Address: 1462 S 12th Ave, Virginia, MN 55792

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