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Eveleth, MN Industrial Properties for Sale

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Highway 53 Industrial Opportunity
Updated: Nov 6, 2023
Highway 53 Industrial Opportunity

4097 Hwy 53 S, Eveleth, MN 55734

$1,500,000
6.00 AC lot
6+ acres on Hwy 53: Prime location for business ventures.
Newer 125x240ft building: High ceilings (up to 25ft) and multiple overhead doors for efficient operations.
Second building with finished office space: Includes break room and conference room.
Cold storage area: Approximately 60x220ft, ideal for temperature‑sensitive goods.
City sewer and private well: Essential utilities already in place.
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Based on your search, we've compiled 64 Potential Opportunities for your consideration. Besides 1 Active listings in Eveleth, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 3 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.

Multi-Use Brewery Building with Restored Charm
Multi-Use Brewery Building with Restored Charm

7596 Werner Rd, Virginia, MN 55792

$400,000
4,673 sqft 1.37 AC lot

Restored historic building on a private lot, zoned for multi-use with ample off-street parking and modern utility upgrades.

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Warehouse with Loading Docks
Warehouse with Loading Docks

1206 E 25th St, Hibbing, MN 55746

$398,500
59,760 sqft

Versatile warehouse and flex building with dedicated office space, loading docks, and a large on-site parking lot.

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Flex Space with Heated Warehouses
Flex Space with Heated Warehouses

707 N 6th Ave, Virginia, MN 55792

$150,000

Flexible commercial space combines heated warehouse areas with a retail component and loading access.

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Flex Space Building with Loading Docks
Flex Space Building with Loading Docks

1206 E 25th St, Hibbing, MN 55746

$398,500

Flex space building with loading docks, dedicated office space, and on-site parking, zoned COM in Hibbing.

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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.

Warehouse Property with Laydown Area
Warehouse Property with Laydown Area

1270 4th Ave SW, Chisholm, MN 55719

$435,000
7,642 sqft 3.10 AC lot

Multi-shop warehouse facility with heated and unheated work areas, overhead doors, hoist systems, and substantial outdoor storage capacity.

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Hibbing Commercial Land Opportunity
Hibbing Commercial Land Opportunity

Old Highway 169, Hibbing, MN 55746

$195,000

Prime commercial land with utilities and road frontage.

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Waterfront Recreational Storage Land
Waterfront Recreational Storage Land

Parcel 13 TBD Hwy 115, Tower, MN 55790

$46,900
4.60 AC lot

Buildable lake-adjacent lot between Frazer Bay and Daisy Bay for storing recreational equipment near public access.

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Off-Market Properties in Eveleth, MN

Consider similar Off-Market properties in Eveleth, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

4097 Hwy 53
MANUFACTURING (LIGHT)

4097 Hwy 53, Eveleth, MN 55734-4143

$50,000
Estimated value
29,988 sqft 8.51 AC lot
View details
Eveleth, MN 55734
MANUFACTURING (LIGHT)

Eveleth, MN 55734

$50,000
Estimated value
1,840 sqft 3.52 AC lot
View details
4105 Hwy 53
MANUFACTURING (LIGHT)

4105 Hwy 53, Eveleth, MN 55734-4142

$435,000
Estimated value
5,040 sqft 1.68 AC lot
View details
4105 Hwy 53
MANUFACTURING (LIGHT)

4105 Hwy 53, Eveleth, MN 55734-4142

$435,000
Estimated value
27,000 sqft 10.05 AC lot
View details
Eveleth, MN 55734
MANUFACTURING (LIGHT)

Eveleth, MN 55734

$45,000
Estimated value
480 sqft 19.82 AC lot
View details
Eveleth, MN 55734
PROCESSING PLANT (CEMENT, GRAVEL)

Eveleth, MN 55734

$235,000
Estimated value
40.00 AC lot
View details
Eveleth, MN 55734
PROCESSING PLANT (CEMENT, GRAVEL)

Eveleth, MN 55734

$240,000
Estimated value
40.00 AC lot
View details
Eveleth, MN 55734
PROCESSING PLANT (CEMENT, GRAVEL)

Eveleth, MN 55734

$135,000
Estimated value
500 sqft 40.00 AC lot
View details
Eveleth, MN 55734
MANUFACTURING (LIGHT)

Eveleth, MN 55734

$280,000
Estimated value
40.06 AC lot
View details
Eveleth, MN 55734
PROCESSING PLANT (CEMENT, GRAVEL)

Eveleth, MN 55734

$255,000
Estimated value
40.00 AC lot
View details
Eveleth, MN 55734
PROCESSING PLANT (CEMENT, GRAVEL)

Eveleth, MN 55734

$250,000
Estimated value
40.00 AC lot
View details
Eveleth, MN 55734
PROCESSING PLANT (CEMENT, GRAVEL)

Eveleth, MN 55734

$255,000
Estimated value
80.00 AC lot
View details
Eveleth, MN 55734
MANUFACTURING (LIGHT)

Eveleth, MN 55734

$165,000
Estimated value
2,304 sqft 1.85 AC lot
View details
7930 Thunderbird E Trl
MANUFACTURING (LIGHT)

7930 Thunderbird E Trl, Eveleth, MN 55734-4057

$220,000
Estimated value
2,756 sqft 6.21 AC lot
View details
4770 Differding Pt Rd
MANUFACTURING (LIGHT)

4770 Differding Pt Rd, Eveleth, MN 55734-8708

$95,000
Estimated value
256 sqft
View details
1290 Industrial Park
MANUFACTURING (LIGHT)

1290 Industrial Park, Eveleth, MN 55734-8629

$215,000
Estimated value
4,800 sqft 4.84 AC lot
View details
1270 Industrial Park
MANUFACTURING (LIGHT)

1270 Industrial Park, Eveleth, MN 55734-8629

$435,000
Estimated value
19,950 sqft 4.51 AC lot
View details
Eveleth, MN 55734
MANUFACTURING (LIGHT)

Eveleth, MN 55734

$240,000
Estimated value
4,000 sqft 1.35 AC lot
View details
4683 Cedar Is Dr
MANUFACTURING (LIGHT)

4683 Cedar Is Dr, Eveleth, MN 55734

$280,000
Estimated value
2,880 sqft 5.65 AC lot
View details
7546 Central Lks Rd
MANUFACTURING (LIGHT)

7546 Central Lks Rd, Eveleth, MN 55734-8593

$385,000
Estimated value
9,412 sqft 38.63 AC lot
View details
Eveleth, MN 55734
MANUFACTURING (LIGHT)

Eveleth, MN 55734

$65,000
Estimated value
1,600 sqft 0.55 AC lot
View details
Eveleth, MN 55734
MANUFACTURING (LIGHT)

Eveleth, MN 55734

$235,000
Estimated value
2,500 sqft 2.90 AC lot
View details
7426 Hwy 97
MANUFACTURING (LIGHT)

7426 Hwy 97, Eveleth, MN 55734

$300,000
Estimated value
2,304 sqft
View details

Eveleth, MN Industrial Properties Market Trends and Statistics

Explore 57 industrial properties for sale in Eveleth, MN on our real estate platform.

Sale prices for industrial buildings in Eveleth, MN average $1,500,000 — 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

Manufacturing properties 1

Demographics Overview

Population 6,332
Population Growth (5Y) +5.7%
Median Household Income $65,750
College Educated 34.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55734 $1.5M

Taxes & Financing

Tax Rate (average for all types) 2.18%
Property Tax per SF $32.78 per SF
Tax Rate vs County Average 0.41 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)

Average Property Price per SF

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

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