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    Chisholm, MN Keewatin, MN Nashwauk, MN Buhl, MN Iron, MN Bovey, MN Pengilly, MN Forbes, MN
    Versatile Office and Retail Building
    Updated: Jul 11
    Versatile Office and Retail Building

    800 E 40th St, Hibbing, MN 55746

    $185,000
    1,344 sqft 0.46 AC lot
    Versatile commercial building with multiple private office spaces plus an open gathering area with kitchenette
    Includes a 1/2 bath and restrooms
    Forced‑air natural gas heating with a fireplace
    Shingle roof; year built 1960
    Off‑street parking available; located just off Hwy 169
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    This listing looks promising.

    Here's a quick look at some key insights for

    800 E 40th St, Hibbing, MN 55746

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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
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    Versatile Office-Retail Building
    Versatile Office-Retail Building

    800 E 40th St, Hibbing, MN 55746

    $195,000
    1,344 sqft

    Well-maintained building with multiple private offices and an open gathering area with kitchenette, near Hwy 169.

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    Hibbing Marketplace Retail/Office Opportunity
    Hibbing Marketplace Retail/Office Opportunity

    105 9th W Avenue, Hibbing, MN 55746

    Contact for pricing
    2,563 sqft

    Retail, office, or restaurant spaces available in Hibbing, Minnesota.

    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 14 Potential Opportunities for your consideration. Besides 4 Active listings in Hibbing, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, 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.

    Mixed-Use Building with Dental Office
    Mixed-Use Building with Dental Office

    202 S 5th Ave S, Virginia, MN 55792

    $225,000

    Main level dental office includes three treatment rooms, reception area, and secure storage, plus an upstairs three-bedroom apartment.

    View details
    Downtown Bar Conversion Opportunity
    Downtown Bar Conversion Opportunity

    19 Lake St W, Chisholm, MN 55719

    $48,000

    Former neighborhood bar offers exposed brick, tall ceilings, and an outdoor area to support a range of concepts.

    View details
    Live-Work Commercial Building with Apartment
    Live-Work Commercial Building with Apartment

    1800 9th Ave N, Virginia, MN 55792

    $129,000

    Live-work commercial property with central air and an upper two-bedroom, one-bath apartment.

    View details
    Industrial Flex Building
    Industrial Flex Building

    6 1st st, Chisholm, MN 55719

    Contact for pricing

    Industrial flex building combines shop, office, and warehouse space with four large overhead doors.

    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 Near Westside Commons
    Commercial Land Near Westside Commons

    Hwy 73, Hibbing, MN 55746

    $149,000

    Commercial land with frontage near Walmart and Westside Commons.

    View details
    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
    High-Ground Commercial Development Land
    High-Ground Commercial Development Land

    State Hwy 23 S, Sandstone, MN 55072

    $199,900
    10.00 AC lot

    Developable commercial land with mature Norway pine and high ground near Sandstone, MN.

    View details
    Commercial Land on Highway Corridor
    Commercial Land on Highway Corridor

    Tract C Hwy 371, Brainerd, MN 56401

    $430,000
    8.70 AC lot

    Highly visible commercial parcel along Hwy 371 with multiple access points for outdoor or development uses.

    View details

    Off-Market Properties in Hibbing, MN

    Consider similar Off-Market properties in Hibbing, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    507 Howard St
    OFFICE (GENERAL)

    507 Howard St, Hibbing, MN 55746-1713

    Value Estimation by Request
    2,832 sqft
    View details
    10956 Hwy 37
    OFFICE (GENERAL)

    10956 Hwy 37, Hibbing, MN 55746

    Value Estimation by Request
    1,674 sqft 78.18 AC lot
    View details

    Hibbing, MN Office Spaces Market Trends and Statistics

    Explore 6 office spaces for sale in Hibbing, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,251 square feet of properties for sale, with an estimated market value of $805,000.

    Sale prices for office spaces in Hibbing, MN start at $185,000, averaging $268,333, 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 $206.7K

    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%

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