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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

105 9Th Ave Hibbing, MN 55746

2,563 SF Built 2006
Property ID
Property summary
AI-generated overview

This exceptional 2,563 square foot retail space presents a remarkable opportunity for businesses seeking high visibility and substantial foot traffic. Located at 105 9th Avenue West in Hibbing, Minnesota, this property sits within The Marketplace, a premier retail center known for its attractive aesthetic and convenient location. The Marketplace enjoys a strategic position along the heavily trafficked Highway 169 corridor, placing your business in close proximity to major retailers such as Super Walmart and Lowe's, creating a synergistic environment that benefits all tenants. This prime location ensures maximum exposure to a large customer base, driving significant potential for growth and success. The property is ideal for a variety of retail, office-service, or restaurant businesses seeking to establish or expand their presence in the thriving Hibbing business community. The building offers ample space for a wide range of business configurations, allowing for customization to meet specific operational needs. This is a rare opportunity to secure a highly desirable retail space in a bustling commercial center, offering unparalleled access to a large and established customer base. Don't miss out on this chance to capitalize on the vibrant energy and strong economic growth of Hibbing. The asking price is $12 million.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2006
Total area 2,563 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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