Building Details

Building Size 27,188 SF

Year Built 1993

Buildings 1

Listing Agency: J***@midamericagrp.com Show Phone

Listed By: Jen Helm

Source: Midamericagrp

Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 8:21AM

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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 Jen Helm

Investment Insights

Based on property information with market context.

Built in 1993, this theater property contains 10 auditoriums within a 27,188-square-foot building. A glass atrium marks the main entrance, while exterior signage provides substantial on-building branding capacity. The improvements also include extensive electrical and HVAC infrastructure suited to a large-format commercial facility.

The property occupies 4.59 acres at 4351 Stebner Rd in Hermantown, Minnesota, within the Duluth area. An established parking field provides 300 stalls for visitors, staff, and occupants. The former Lakes 10 cinema configuration offers a substantial existing footprint for entertainment, retail, medical, educational, or other commercial reuse.

Key Highlights

• 10 auditoriums within a 27,188 sf building
• 4.59 ac property with 300 parking stalls
• Glass atrium entrance and significant exterior signage

Property Analytics

Property Profile

Current Use

Theaters & concert halls

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Furniture & Home Goods (Bike/Boat/Book/etc) Store 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.

Lease Details

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

385

Businesses Nearby

Explore this area Business Placement

Demographics for 55811, MN

27,761

Population

11,640

Households

2.4

Avg Household Size

40

Median Age

41%

College-Educated

96%

High-School Grad

64.5 sq mi

ZIP Area

430

Density / Sq Mi

$77,877

Median Household Income

$38,284

Median Earnings

$1,339

Median Rent

$299,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Theater & concert hall - Ten auditoriums, a glass atrium entrance, and exterior signage support multiple commercial reuse concepts.

Where is this theater & concert hall located?

The property is located at 4351 Stebner Rd Hermantown, MN.

What are key features of this property?

This property features: 10 auditoriums within a 27,188 sf building; 4.59 ac property with 300 parking stalls; Glass atrium entrance and significant exterior signage