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    Hibbing, MN
    Office Units

    Hibbing, MN Office Units for Sale

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    Office Units with Fireplace
    Updated: Jul 11
    Office Units with Fireplace

    800 E 40th St, Hibbing, MN 55746

    $185,000
    1,344 sqft 0.46 AC lot
    0.46‑acre lot at 800 E 40th St, Hibbing, MN 55746
    1,344 SF office unit building with multiple private offices and open gathering area with kitchenette
    Built in 1960 with shingle roof
    Fireplace(s) and a 1/2 bath for client and employee convenience
    Forced air heating with natural gas
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    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
    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 Hibbing, 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.

    Retail-Office Building with Elevator
    Retail-Office Building with Elevator

    225 SE 21ST ST, Grand Rapids, MN 55744

    Contact for pricing
    13,120 sqft

    For-sale building on the Hwy 169 retail corridor with elevator access, drive-in door/garage, and lighted parking.

    View details
    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.

    View details
    Mixed-Use Property With Living Quarters
    Mixed-Use Property With Living Quarters

    507 Main Street, Tower, MN 55790

    $144,000

    Main-level commercial space is paired with private upper-level living quarters and garage parking.

    View details
    Retail Building with Loft Office
    Retail Building with Loft Office

    10 NW 3rd St, Grand Rapids, MN 55744

    Contact for pricing

    Main floor retail features hardwood floors and brick walls, plus a loft office and kitchenette.

    View details

    Hibbing, MN Office Units Market Trends and Statistics

    Explore 2 office units 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 units 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 $305K

    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

    Office

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