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Mountain Iron, MN NNN Properties for Sale

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Office Building with Leased Garage
Updated: Aug 22
Office Building with Leased Garage

8878 Main St, Mountain Iron, MN 55768

$325,000
7,050 sqft
7,050‑square‑foot office building constructed in 1915
Upper level has 4 offices, 5 cubicle workspaces, a conference room, and 2 bathrooms
Street level includes 3 offices, 4 additional cubicle positions, storage, lockers, and a bathroom
Leased 5‑stall garage with 2,400 square feet
Tenant covers rent, utilities, insurance, and taxes
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mountain Iron, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Holiday Stationstore NNN Retail Property
Holiday Stationstore NNN Retail Property

1423 2nd St N, Sauk Rapids, MN 56379

$2,796,377

Absolute net lease structure with a long-term operating commitment from an established convenience-store tenant.

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Absolute NNN Medical Office
Absolute NNN Medical Office

840 Bear Paw Avenue, Rice Lake, WI 54868

Contact for pricing
7,130 sqft

Purpose-built healthcare facility completed in 2018 with a long-term lease and renewal options.

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NNN Property
NNN Property

390 Industrial Blvd, Sauk Rapids, MN 56379

Contact for pricing
35,123 sqft

The property carries an NNN lease with a seven-year renewal option.

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Gas Station with NNN Lease
Gas Station with NNN Lease

2789 22nd Street, Rice Lake, WI 54868

Contact for pricing

Secured by a new 15-year master lease with 2% annual rent increases.

View details

Mountain Iron, MN Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Mountain Iron, MN on our real estate platform. These investment opportunities span a total of 7,050 square feet of properties for sale, with an estimated market value of $325,000.

Sale prices for triple net lease properties in Mountain Iron, MN average $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,791
Population Growth (5Y) -3.8%
Median Household Income $82,261
College Educated 32.4%

High-Yield Neighborhoods for Investment

Identify Mountain Iron submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55768 $325K

Taxes & Financing

Tax Rate (average for all types) 2.70%
Property Tax per SF $14.64 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

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