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Former Regional Mall Opportunity
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990 41st st hibbing mn, Hibbing, MN 55746

Confidential off-market offering: a former regional mall.

Property Size281,000 SF
Price / SF$35.59
Days on Market431

Property Features for 990 41st st hibbing mn

General Information

Standard status Active
Size 281,000 SF
Property subtype Retail
Zoning C-3
Occupancy 20%
Lease Type NNN

Building Details

Tenancy Multi
Listing Agency: Commercial Realty, Inc.
Listed By: Edward Anderson · License #1234
Source: Crexi
Added: Jun 7, 2025 Changed: Aug 7 Last Checked: Aug 10 at 2:36PM

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 Commercial Realty, Inc.

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

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

167
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 87% Electronics 7% Beauty & Spa 6%
Caribou Coffee Dining
10,870 visits/mo 0.4 miles
Erbert & Gerbert's Dining
4,990 visits/mo 0.4 miles
Papa Murphy's Dining
2,590 visits/mo 0.4 miles
AT&T Electronics
1,421 visits/mo 0.4 miles
Great Clips Beauty & Spa
1,346 visits/mo 0.4 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
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM 12080 US-169 W, Hibbing, MN 55746

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
More about this property
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