Historic Bank Building
For Sale
$79,000
Pending
8880 Main St. Mt., Iron, MN 55768
COMMERCIAL - Mt. Iron, MN
Property SizeContact for details
Days on Market99
Property Features for 8880 Main St. Mt.
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMM
Lot features
Corner Lot, Downtown Area
Subdivision
Mt. Iron-Buhl/Kinney
Standard status
Pending
Utilities
Heating system
Natural Gas, Hot Water(Heating)
Building Details
Year built
1915
Building materials
Wood Frame
Roof type
Rubber
Listing Agency:
Edina Realty, Inc.
(218) 749-8222
Listed By:
Greg Hoffman
(218) 749-0257
Added: May 26
Changed: Aug 4
Last Checked: Sep 1 at 4:06PM
MLS# 149806
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Investment Insights
Based on property information with market context.
This historic bank building offers a mixed-use layout designed for business space on the main level and residential living above. The main floor includes an oversized business area with multiple offices, an entry with storefront windows, and a bathroom. Upstairs, there is a large 3-bedroom apartment featuring hardwood flooring, a substantial living room/dining area, and a full bathroom with laundry.
The property is located in downtown Mt. Iron along Main St., and it is zoned COMM. The configuration supports either continued mixed-use occupancy or separate business and residential arrangements within the same structure.
With dedicated main-floor office rooms and a fully described second-floor apartment, the building provides clear separation between the business/entry area and the residential unit above.
The property is located in downtown Mt. Iron along Main St., and it is zoned COMM. The configuration supports either continued mixed-use occupancy or separate business and residential arrangements within the same structure.
With dedicated main-floor office rooms and a fully described second-floor apartment, the building provides clear separation between the business/entry area and the residential unit above.
Key Highlights
- Historical bank building in downtown Mt. Iron built in 1915 with wood frame construction
- Main floor includes an oversized potential business area with multiple offices and a bathroom
- Main floor has an entry with storefront windows suitable for business use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 55768, MN
2,878
Population
1,344
Households
2.1
Avg Household Size
47
Median Age
26%
College-Educated
96%
High-School Grad
89.3 sq mi
ZIP Area
32
Density / Sq Mi
$82,261
Median Household Income
$46,397
Median Earnings
$894
Median Rent
$190,300
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Downtown historic bank building with multiple offices, storefront entry, and an upstairs 3-bedroom apartment.
Where is this office building located?
The property is located at 8880 Main St. Mt. Iron, MN.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: Historical bank building in downtown Mt. Iron built in 1915 with wood frame construction; Main floor includes an oversized potential business area with multiple offices and a bathroom; Main floor has an entry with storefront windows suitable for business use
