Office

Mountain Iron, MN Office Spaces 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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1 active listing matches your search: Office for sale in Mountain Iron, MN. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 land listing with development potential.

Opportunities in Nearby Cities

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

Live-Work Building with Office
Live-Work Building with Office

507 Main St, Tower, MN 55790

$144,000
1,512 sqft

Downtown live-work building with main-floor office/retail space, large windows, and a 3-bedroom residence above.

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Mixed-Use Property with Attached Garage
Mixed-Use Property with Attached Garage

602 Main Street, Tower, MN 55790

$290,000

Three-level commercial building with leased bar and liquor store space, city offices, basement storage, and supplemental parking.

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Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

202 S 5th Ave S, Virginia, MN 55792

$225,000

MU zoning and a two-level layout combine commercial space with an upstairs residence.

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Four-Story Mixed-Use Building
Four-Story Mixed-Use Building

214 N 2nd Ave, Virginia, MN 55792

$400,000

Downtown Virginia property with a separate garage/storage building and four floors of interior space.

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 Retail Adjacency
Commercial Land with Retail Adjacency

Hwy 73, Hibbing, MN 55746

$149,000

COM-zoned commercial land with city services available near established retail destinations.

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Mountain Iron, MN Office Spaces Market Trends and Statistics

Explore 1 office spaces 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 office 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office buildings 1

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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