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Multi-Use Highway Frontage Industrial Property
For Sale
Contact for pricing
Pending

6938 Highway 169, Virginia, MN 55792

Expansive property with nearly 50 acres and over 1,500 feet of Highway 169 frontage, plus multiple service buildings.

Property SizeContact for details
Lot Size50.00 Acres
Days on Market148

Property Features for 6938 Highway 169

General Information

Standard status Pending
Lot size 50.00 Acres
Property subtype Industrial
Zoning Multiple Use

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Edina Realty, Inc
Listed By: Timothy Lillquist · License #MN 40328903
Source: Crexi
Added: Apr 12 Changed: Aug 27 Last Checked: Sep 5 at 10:13AM

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 Edina Realty, Inc

Investment Insights

Based on property information with market context.

This expansive multi-use property includes a 5-bedroom home set back into the trees along the north end, with additional buildings that previously supported a dairy distribution business, a truck repair operation, and a truck wash. The site totals nearly 50 acres and includes over 1,500 feet of frontage on Highway 169.

Highway 169 is described as a road traveled daily by people driving to Lake Vermilion, Lake Vermilion State Park, Ely, and the BWCA, providing convenient, high-exposure access for a future business.

The property is zoned Multiple Use. Please see the document section for additional details regarding the zoning classification and information on the other buildings on the site.

Key Highlights

  • Nearly 50‑acre property with over 1,500 ft of frontage on Highway 169
  • Additional buildings previously used for dairy distribution, truck repair, and truck wash operations
  • 5‑bedroom home set back into the trees for privacy near the north end of the property

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Pet Grooming 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 55792, MN

9,827
Population
5,628
Households
1.7
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
95.7 sq mi
ZIP Area
103
Density / Sq Mi
$50,616
Median Household Income
$40,275
Median Earnings
$795
Median Rent
$128,200
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
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Frequently Asked Questions

What type of property is this?
Distribution center - Expansive property with nearly 50 acres and over 1,500 feet of Highway 169 frontage, plus multiple service buildings.
Where is this distribution center located?
The property is located at 6938 Highway 169 Virginia, MN.
What are key features of this property?
This property features: Nearly 50‑acre property with over 1,500 ft of frontage on Highway 169; Additional buildings previously used for dairy distribution, truck repair, and truck wash operations; 5‑bedroom home set back into the trees for privacy near the north end of the property
More about this property
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