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    Multi-Tenant Flex and Warehouse Property
    Updated: Jun 26
    Multi-Tenant Flex and Warehouse Property

    5547 Highway 2, Hermantown, MN 55810

    $845,000
    14,130 sqft 6.92 AC lot
    6.92‑acre property with 9 commercial spaces, currently leased for car sales, car repair, warehouse space, sales, and office space
    Built in 1990 with oil heating
    New mound septic system installed
    Shingle roof and mound septic sewer system
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    This listing looks promising.

    Here's a quick look at some key insights for

    5547 Highway 2, Hermantown, MN 55810

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $68K
      Annual

    • Price @ 7% Cap

      $970K
      Above asking

    • Property Type

      Single Family Residence
      Built 1999
    View Property Analytics
    Multi-Tenant Automotive and Warehouse Property
    Updated: Aug 14, 2025
    Multi-Tenant Automotive and Warehouse Property

    5547 Highway 2, Hermantown, MN 55810

    $845,000
    14,130 sqft 6.92 AC lot
    9 commercial spaces currently leased for car sales, car repair, warehouse, sales, and office uses
    6.92‑acre property with room to house a business or lease out the existing commercial spaces
    New mound septic system
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hermantown, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Car Wash and Service Center
    Car Wash and Service Center

    701 S River Street, Spooner, WI 54801

    $1,100,000
    4,032 sqft 0.91 AC lot

    Multi-business property with car wash, two-bay oil change center, and laundromat operations on a busy highway.

    View details
    Multi-Use Auto Service & Laundromat
    Multi-Use Auto Service & Laundromat

    701 S River St, Spooner, WI 54801

    $1,100,000
    4,032 sqft

    For sale property combining a car wash, two-bay oil change center, and laundromat with multiple washer and dryer units.

    View details
    Multi-Use Highway Frontage Industrial Property
    Multi-Use Highway Frontage Industrial Property

    6938 Highway 169, Virginia, MN 55792

    Contact for pricing
    50.00 AC lot

    Expansive property with nearly 50 acres and over 1,500 feet of Highway 169 frontage, plus multiple service buildings.

    View details
    Automotive Service Shop
    Automotive Service Shop

    1106 8th Street S, Virginia, MN 55792

    Contact for pricing

    Automotive service shop with a newer furnace, two lifts, and multiple large overhead and insulated doors.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Business-Zoned Commercial Land
    Business-Zoned Commercial Land

    Industrial Avenue, Turtle Lake, WI 54889

    $950,000
    10.37 AC lot

    Business-zoned land with State Highway 63 frontage and paved city access for a range of commercial uses.

    View details
    Commercial Land Parcel with Highway Access
    Commercial Land Parcel with Highway Access

    1400 LYNN Avenue, Fond Du Lac, WI 54935

    $275,000
    2.57 AC lot

    C-2 General Business District commercial land parcel located right off Highway 23 near Aurora Medical Clinic.

    View details
    Heavy Commercial Zoned Land Parcel
    Heavy Commercial Zoned Land Parcel

    4732 Highway 78, Black Earth, WI 53515

    $199,000
    3.54 AC lot

    3.54-acre parcel zoned HC along Hwy 78, with a small 3BR/1BA home, septic system, and shared well.

    View details
    Commercial Property in Wonder Lake
    Commercial Property in Wonder Lake

    7312 Hancock Drive, Wonder Lake, IL 60097

    $300,000
    0.31 AC lot

    Commercial property available in Wonder Lake, Illinois.

    View details

    Hermantown, MN Auto Shops Market Trends and Statistics

    Explore 2 auto shops for sale in Hermantown, MN on our real estate platform. These investment opportunities span a total of 28,260 square feet of properties for sale, with an estimated market value of $1,690,000.

    Sale prices for auto repair shops in Hermantown, MN average $845,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 2

    Demographics Overview

    Population 36K
    Population Growth (5Y) +0.4%
    Median Household Income $78,798
    College Educated 46.8%

    High-Yield Neighborhoods for Investment

    Identify Hermantown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Duluth - 55810 $845K

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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