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    Mountain Iron, MN
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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

    $375,000
    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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    Three-Tenant Retail Center
    Updated: Apr 12
    Three-Tenant Retail Center

    8580 Rock Ridge Dr, Mountain Iron, MN 55768

    Contact for pricing
    11,500 sqft 1.92 AC lot
    11,500‑square‑foot retail center on 1.92 acres
    Three‑tenant center with Maurices, Famous Footwear, and Great Clips
    Fully occupied and stabilized
    All three leases are triple net
    Maurices and Famous Footwear have more than five years remaining on their leases
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Triple-Net Gas Station
    Triple-Net Gas Station

    2046 2nd Ave SE, Cambridge, MN 55008

    Contact for pricing
    257 sqft 0.68 AC lot

    BP gas station on a 0.68-acre parcel with a 15-year absolute NNN lease in place.

    View details
    Cambridge Office Building For Sale
    Cambridge Office Building For Sale

    1994 E Rum River Dr S, Cambridge, MN

    Contact for pricing
    3,500 sqft 1.18 AC lot

    Office building in park-like setting with new NNN lease.

    View details
    Triple Net Coffee Shop
    Triple Net Coffee Shop

    535 US-2, Grand Rapids, MN 55744

    Contact for pricing

    Fee-simple Caribou Coffee building recently renovated in 2022, offered as a triple-net investment.

    View details
    Single-Tenant Net Leased Grocery
    Single-Tenant Net Leased Grocery

    1250 S Pokegama Avenue, Grand Rapids, MN 55744

    Contact for pricing

    New 2016 construction grocery property leased to ALDI Inc. under a long-term ground lease structure.

    View details

    Mountain Iron, MN Nnn Properties Market Trends and Statistics

    Explore 2 nnn properties for sale in Mountain Iron, MN on our real estate platform. These investment opportunities span a total of 18,550 square feet of properties for sale, with an estimated market value of $375,000.

    Sale prices for triple net lease properties in Mountain Iron, MN average $375,000 — 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%

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

    Office

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