Building Details

Building materials Steel Frame, Pole Bldg

Roof type Metal

Listing Agency: Next Door Realty Show Phone

Listed By: Norma Jean Jofs · License #40713911 Show Phone

Added: Apr 6 Changed: Aug 4 Last Checked: Aug 20 at 4:06AM

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MLS# 146365

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Warehouse property on 6+ acres on Hwy 53 in Eveleth with multiple large buildings. The newer 125x240ft steel frame pole building offers ceiling heights up to 25ft, multiple overhead doors for distributing products and receiving inventory or supplies, and substantial working space. A second building provides ceiling heights up to 16ft, including a finished office area with a break room and conference room, space in between for organizing or maintaining inventory, and a cold storage area measuring approximately 60x220ft.

Site utilities include city sewer and a private well. Heating is listed as hot water, natural gas, and electric, and the roof is metal.

Zoned COM, the property was previously used for manufacturing wood products, with features that can support industrial warehouse use or conversion for other business needs.

Key Highlights

• 6+ acres on Hwy 53 in Eveleth with city sewer and a private well
• Newer 125x240ft warehouse building with ceiling heights up to 25ft and multiple overhead doors
• Cold storage area measuring approximately 60x220ft

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Electronics & Wireless Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

7

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 55734, MN

5,964

Population

3,516

Households

1.7

Avg Household Size

46

Median Age

25%

College-Educated

96%

High-School Grad

78.2 sq mi

ZIP Area

76

Density / Sq Mi

$65,750

Median Household Income

$47,015

Median Earnings

$851

Median Rent

$143,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Warehouse - Multiple warehouse buildings on 6+ acres on Hwy 53, with city sewer and private well service.

Where is this warehouse located?

The property is located at 4097 Hwy 53 Eveleth, MN.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: 6+ acres on Hwy 53 in Eveleth with city sewer and a private well; Newer 125x240ft warehouse building with ceiling heights up to 25ft and multiple overhead doors; Cold storage area measuring approximately 60x220ft