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Retail Center with Covered Parking
For Sale
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105 9th Avenue W, Hibbing, MN 55746

Commercial Sale, Hibbing, MN

Property SizeContact for details
Days on Market887

Property Features for 105 9th Avenue W

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Parking Lot, Covered
Subdivision Hibbing Marketplace
Lot features Corner Lot
High school district St. Louis County
Directions From town - South on Hwy 169 (1st Avenue) - West on Hwy 169/41st Street - Hibbing Marketplace is located on the left (south) at the intersection of Hwy 169 and 9th Avenue W
Standard status Active
APN 139005004768B

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 33204

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 2006
Building materials Steel
Roof type Metal
Listing Agency: Close-Converse Commercial Prop
Listed By: Nate Grotzke · License #20450114
Added: May 7, 2024 Changed: Oct 8 Last Checked: Oct 10 at 5:06AM
MLS# 6532260

Copyright © 2026 Northstar MLS. 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.

The Marketplace is a retail center built in 2006, with steel construction and a metal roof. Building systems include forced-air heating and central air conditioning. Parking is available in a lot, with covered spaces also provided.

At 105 9th Avenue W in Hibbing, the center is positioned along the Hwy 169 corridor, near Super Wal-Mart and Lowe’s. The property is presented for retail, office-service, or restaurant businesses.

Key Highlights

  • Retail center built in 2006
  • Steel construction and metal roof
  • Forced‑air heating and central air conditioning

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Pharmacy Daycare Center Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) 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

Location Intelligence

Trade Area within ½ mile

215
Businesses Nearby
87k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 52% Dining 21% Home Improvements & Furnishings 16% Shops & Services 5%
Walmart Superstores
45,104 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
13,466 visits/mo 0.2 miles
Caribou Coffee Dining
10,870 visits/mo 0.1 miles
Erbert & Gerbert's Dining
4,990 visits/mo 0.1 miles
BP Shops & Services
4,560 visits/mo 0.4 miles

Demographics for 55746, MN

17,071
Population
8,999
Households
1.9
Avg Household Size
43
Median Age
19%
College-Educated
93%
High-School Grad
347.0 sq mi
ZIP Area
49
Density / Sq Mi
$55,694
Median Household Income
$38,268
Median Earnings
$739
Median Rent
$127,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — 12080 US-169 W, Hibbing, MN 55746

Frequently Asked Questions

What type of property is this?
Shopping center - The property offers central air, forced-air heat, and both lot and covered parking.
Where is this shopping center located?
The property is located at 105 9th Avenue W Hibbing, MN.
What are key features of this property?
This property features: Retail center built in 2006; Steel construction and metal roof; Forced‑air heating and central air conditioning
More about this property
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