3017 FIRST AVE, Hibbing, MN 55746

Listing Agency: Northmarq Capital, LLC

Listed By: Logan Carbonari · License CA #02058241

Source: Crexi

Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 5:58PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC

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Investment Insights

Based on property information with market context.

This gas station property is offered for sale with a stated rent coverage ratio of 2.50x. The listing also identifies annual rent, which is omitted here because monetary figures are excluded from listing copy.

Key Highlights

• Stated rent coverage ratio of 2.50x

Property Analytics

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

Open Analytics

Current Use

Imart Freedom Valu ... Gas Station ATM (Freedom Valu ... Atm

Suggested Use

Top Pick Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Daycare Center Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

179

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

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Gas station - The property is marketed as a gas station for sale.

Where is this gas station located?

The property is located at 3017 FIRST AVE Hibbing, MN.

What is the asking price?

The asking price for this property is $1,897,854.

What are key features of this property?

This property features: Stated rent coverage ratio of 2.50x