Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    409 Grant Ave Eveleth, MN 55734

    For Sale
    $87,500

    Commercial/Industrial - Eveleth, MN

    Property size:
    3,536 SF
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 409 Grant Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NH
    APN
    040-0010-01040
    Size
    3,536 SF

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Ceiling Fan(s), Window Unit(s)

    Building Details

    Building materials
    Brick, Stone
    Roof type
    Built-Up
    Architectural style
    Other

    Pemberton Real Estate, Inc (612) 260-8777

    Listing agent Stephanie Mascarenas (612) 260-8777

    Listing date Nov 25, 2025

    MLS# 149345 Listing URL

    Copyright © 2025 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Income Potential

    This mixed-use property features a large storefront with a display window and high ceilings. The building includes extensive warehouse space, a ground-level loading dock, and a large electric garage door. There are two apartments located upstairs. Apartment 1 is a 2-bedroom unit with a vintage kitchen. Apartment 2 is a 1-bedroom unit. The property offers possibilities for retail, storage, rental income, or creative ventures. The building has a new roof on the upper front section, installed in 2024. The lower roof has been maintained.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eveleth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.540198
    Latitude
    47.463783

    Nearby Similar for Sale

    • $299,500
      0.15 Acres

      Eveleth Commercial Property with Apartments

      Commercial property with catering, restaurant, bar, banquet facilities, and apartments.
      223 Grant Ave, Eveleth, MN 55734
      View Details
    • $299,500
      9,457 SF

      Eveleth Commercial Property with Apartments

      Commercial building with restaurant, bar, banquet facilities, and apartments.
      223 Grant Ave, Eveleth, MN 55734
      View Details
    • $1,500,000
      12.40 Acres

      Prime Eveleth Industrial Property

      12.4 Acres, Multiple Buildings, Hwy 53 Frontage
      4097 Highway 53, Eveleth, MN 55734
      View Details
    • $324,500
      8,206 SF

      Eveleth Commercial Building - Great Potential

      8,206 sq ft building on 0.15 acres
      223 Grant Ave, Eveleth, MN 55734
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Commercial building with storefront, warehouse, and two apartments.
    Where is this mixed-use property located?
    The property is located at 409 Grant Ave Eveleth, MN.
    What is the asking price?
    The asking price for this property is $87,500.
    What are key features of this property?
    This property features: - Large storefront with display window and high ceilings, plus extensive warehouse space.; - Ground-level loading dock and large electric garage door for easy access.; - Two apartments offer potential rental income.
    (612) 260-8777
    Request Owner's contact information
    409 Grant Ave Eveleth, MN 55734
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    409 Grant Ave
    Eveleth, MN 55734
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    409 Grant Ave Eveleth, MN 55734
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.