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Mountain Iron, MN Office Spaces for Sale

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Iron, MN Virginia, MN Eveleth, MN Buhl, MN Gilbert, MN Chisholm, MN Britt, MN Biwabik, MN
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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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 1 Active listings in Mountain Iron, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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 Attached Garage
Mixed-Use Building with Attached Garage

602 Main St, Tower, MN 55790

$290,000
4,460 sqft

Multi-level commercial property with leased ground-floor bar and liquor store space, city offices, storage, and additional parking land.

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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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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.

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Mixed-Use Property with Dental Office
Mixed-Use Property with Dental Office

202 S 5th Ave S, Virginia, MN 55792

$225,000

Two-level mixed-use building with a dental office and a three-bedroom apartment.

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 spaces 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 $375K

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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