Babbitt, MN Commercial Real Estate for Sale
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Embarrass, MN
Ely, MN
Hoyt Lakes, MN
- Soudan, MN
- Tower, MN
- Biwabik, MN
- Virginia, MN
Opportunities in Nearby Cities
Off-Market Properties in Babbitt, MN
Babbitt, MN Commercial Real Estate Investment Opportunities Market Analysis
Explore 72 commercial real estate for sale in Babbitt, MN on our real estate platform. These investment opportunities span a total of 2,840 square feet of properties for sale, with an estimated market value of $225,000.
Sale prices for business properties in Babbitt, MN start at $225,000, averaging $225,000, and reaching up to $225,000 — 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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Demographics Overview
Population
1,827
Population Growth (5Y)
+13.3%
Median Household Income
$60,096
College Educated
30.1%
High-Yield Neighborhoods for Strategic Investment
Identify Babbitt submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets
| Neighborhood | Average Price |
|---|---|
| Ely | $225K |
| Babbitt | $499K |
Taxes & Financing
Tax Rate (average for all types)
2.18%
Property Tax per SF
$44.35 per sq ft
Tax Rate vs County Average
0.41 pp below county avg
Average Loan-to-Value
65.0%
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