Building Details

Tenancy Multi

Listing Agency: Commercial Realty, Inc.

Listed By: Edward Anderson · License #1234

Source: Crexi

Added: Jun 7, 2025 Changed: Aug 19 Last Checked: Aug 19 at 9:01PM

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Investment Insights

Based on property information with market context.

This confidential off-market offering presents a former regional mall opportunity. The property encompasses a total area of 281,000 square feet.

Key Highlights

• Former regional mall
• Vacancy
• Confidential offering

Property Analytics

Property Profile

Current Use

Iron Range Computer ... Tech Support Center Irongate Business Service Center Silver Birch Gift ... (Bike/Boat/Book/etc) Store Hibbing VA Clinic Medical Clinic Matuszak Tami J Physician

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Pharmacy Electrical 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

160

Businesses Nearby

96k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 47% Dining 19% Shops & Services 14% Home Improvements & Furnishings 14%

Walmart Superstores

45,104 visits/mo 0.2 miles

Lowe's Home Improvements & Furnishings

13,466 visits/mo 0.3 miles

Caribou Coffee Dining

10,870 visits/mo 0.3 miles

Dollar Tree Shops & Services

9,252 visits/mo 0.4 miles

Erbert & Gerbert's Dining

4,990 visits/mo 0.3 miles

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

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Shopping center - Confidential off-market offering: a former regional mall.

Where is this shopping center located?

The property is located at 990 41st st hibbing mn Hibbing, MN.

What is the asking price?

The asking price for this property is $10,000,000.

What are key features of this property?

This property features: Former regional mall; Vacancy; Confidential offering