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    Hibbing, MN Office Buildings for Sale

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    Chisholm, MN Keewatin, MN Nashwauk, MN Buhl, MN Iron, MN Bovey, MN Pengilly, MN Forbes, MN
    Versatile Office-Retail Building
    Updated: May 19
    Versatile Office-Retail Building

    800 E 40th St, Hibbing, MN 55746

    $185,000
    1,344 sqft
    Well‑maintained commercial building just off Hwy 169
    Layout includes multiple private office spaces plus an open gathering area
    Open area features a kitchenette for staff, meetings, or client hospitality
    Includes a cozy fireplace and a convenient 1/2 bath
    Flexible floor plan suited to office, retail, studio, or service‑based uses
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    This listing looks promising.

    Here's a quick look at some key insights for

    800 E 40th St, Hibbing, MN

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $13K
      Annual

    • Mortgage

      $116K
      Oct 2021

    • Last Sold

      Oct 2021
      $155K

    • Property Type

      Commercial (General)
      Built 1960
    View Property Analytics
    Modern Office Building with Two Suites
    Updated: Jun 15
    Modern Office Building with Two Suites

    1406 E 40TH ST, Hibbing, MN 55746

    $425,000
    Concrete commercial office building with central air and forced‑air natural gas heating
    Built in 1960 with a metal roof
    Two separate office suites, each with flexible space including private offices, open work areas, and reception/waiting areas
    Modern updates include HVAC, electrical, and restrooms
    Ample parking with easy access for clients and staff
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hibbing, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Multi-Entrance Office Building
    Multi-Entrance Office Building

    516 S Pokegama Avenue, Grand Rapids, MN 55744

    $440,000
    4,800 sqft

    Large office building with 15 offices, three conference rooms, and handicap-accessible restrooms across three-sided entrances.

    View details
    Drive-In Office/Retail Building
    Drive-In Office/Retail Building

    225 SE 21st St, Grand Rapids, MN 55744

    Contact for pricing
    12,620 sqft

    Building includes an elevator, drive-in door/garage, and lighted parking along the Hwy 169 retail corridor.

    View details
    Historic Spina Building For Sale
    Historic Spina Building For Sale

    2 W 1st St, Duluth, MN 55802

    Contact for pricing
    14,275 sqft

    Restored historic building in Duluth's historic district.

    View details
    East Duluth Office Building
    East Duluth Office Building

    1522 E Superior St, Duluth, MN 55812

    Contact for pricing
    4,130 sqft

    Two-story office building in East Duluth with parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land with Three-Side Access
    Commercial Land with Three-Side Access

    2802 E 2nd St, Superior, WI 54880

    $87,500
    0.34 AC lot

    Level commercial lot zoned C2, with access on three sides and strong traffic visibility for retail or service development.

    View details
    Commercial Land with Water Available
    Commercial Land with Water Available

    1st Avenue, Siren, WI 54872

    $42,000
    0.44 AC lot

    Commercial lot in Siren with water available and the option to expand via an adjacent lot also for sale.

    View details
    Commercial Land in Medical Arts Area
    Commercial Land in Medical Arts Area

    2030 Stearns Way, Saint Cloud, MN 56303

    $277,000
    1.06 AC lot

    Vacant commercial lot in St. Cloud’s medical arts area near major healthcare and community facilities.

    View details
    Commercial Land at Highway Intersection
    Commercial Land at Highway Intersection

    Forest Boulevard N, Forest Lake, MN 55025

    $699,000
    3.03 AC lot

    B3-zoned site supports restaurant, retail, office, and light industrial uses.

    View details

    Hibbing, MN Office Buildings Market Trends and Statistics

    Explore 2 office buildings for sale in Hibbing, MN on our real estate platform. These investment opportunities span a total of 1,344 square feet of properties for sale, with an estimated market value of $610,000.

    Sale prices for office properties in Hibbing, MN start at $185,000, averaging $305,000, and reaching up to $425,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 2
    Office Units 2

    Demographics Overview

    Population 17K
    Population Growth (5Y) -0.4%
    Median Household Income $55,694
    College Educated 12.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55746 $310K

    Taxes & Financing

    Tax Rate (average for all types) 2.29%
    Property Tax per SF $21.11 per SF
    Tax Rate vs County Average 0.29 pp below 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

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