1226 16TH AVE E, Hibbing, MN 55746

Listing Agency: Marcus & Millichap - Chicago Oak Brook

Listed By: Dominic Sulo · License IL 475.134920 Show Phone

Source: Crexi

Added: Sep 24 Changed: Oct 30 Last Checked: Nov 12 at 5:12AM

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Investment Insights

Based on property information with market context.

This industrial property is located at 1226 16th Ave E in Hibbing, Minnesota. United Rentals (NYSE: URI) is identified in connection with the property, and the remarks cite a 26+ year operating history.

Key Highlights

• United Rentals (NYSE: URI) is identified in connection with the property; the remarks cite a 26+ year operating history

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

United Rentals (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pharmacy Real Estate Agency Furniture & Home Goods Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

73

Businesses Nearby

Explore this area Business Placement

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

Market

Average Price Trend$/SF for Industrial properties in St. Louis County, MN

$52.53 Jul

$157 Aug

$174 Sep

$132 Oct

Properties on Market for Industrial properties in St. Louis County

Jul

Aug

Sep

Oct

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

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Frequently Asked Questions

What type of property is this?

Industrial property - The Hibbing property is identified in connection with United Rentals (NYSE: URI).

Where is this industrial property located?

The property is located at 1226 16TH AVE E Hibbing, MN.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: United Rentals (NYSE: URI) is identified in connection with the property; the remarks cite a 26+ year operating history