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Hibbing, MN Auto Shops for Sale

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Brick Flex Building
Updated: Jun 21, 2024
Brick Flex Building

620 E Howard Street, Hibbing, MN 55746

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16,559 sqft
16,559‑square‑foot commercial property in downtown Hibbing
3,789‑square‑foot main garage
Additional west‑side garage shares a wall with the main building
Overhead door provides access to the alley
Office space and an upstairs area included
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hibbing, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Auto Shop Along Hwy 169
Auto Shop Along Hwy 169

9479 Madison St, Garrison, MN 56450

$299,000
2,430 sqft

Established automotive repair property in Garrison positioned across from Lake Mille Lacs.

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Highway-Facing Auto Shop
Highway-Facing Auto Shop

9479 Madison Street, Garrison, MN 56450

$299,000
0.17 AC lot

Commercial space with a brick-and-stone exterior, forced-air heat, and on-street parking.

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Automotive Shop with Seven Bays
Automotive Shop with Seven Bays

6950 Hwy 169, Virginia, MN 55792

$399,000

Steel-frame automotive facility with service infrastructure, administrative space, and a detached truck wash building.

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Automotive Service Shop
Automotive Service Shop

1106 8th Street S, Virginia, MN 55792

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

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Hibbing, MN Auto Shops Market Trends and Statistics

Explore 1 auto shops for sale in Hibbing, MN on our real estate platform. These investment opportunities span a total of 16,559 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 1
Car washes 1
Self service car washes 1

Demographics Overview

Population 17K
Population Growth (5Y) -0.4%
Median Household Income $55,694
College Educated 12.2%

Taxes & Financing

Tax Rate (average for all types) 2.29%
Property Tax per SF $21.11 per SF
Tax Rate vs County Average 0.29 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

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