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Property profile & analytics

105 Central Blvd Babbitt, MN 55706

  • Commercial real estate
  • 2,592 SF
  • 0.60 lot acres
For Sale
Last Sale
May 11, 2020
$68,406
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-1607348
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Rural Living Environments / Social Services Organization

Property Details for 105 Central Blvd

Year built
1960
Construction
WOOD FRAME
Lot size
0.60 lot acres
Property size
2,592 SF
Property type
Commercial real estate
APN
105-0080-00052
APU
105008000052

Description

This exceptional 5,184 square foot office building, situated on a 0.6-acre lot at 105 Central Boulevard in Babbitt, Minnesota, presents a unique opportunity for businesses seeking a well-appointed and conveniently located workspace. The property boasts nine individual offices, providing ample room for a diverse workforce or expanding operations. A large conference room, comfortably seating fifteen, is ideal for meetings, presentations, and collaborative efforts. The interior features attractive hardwood floors, contributing to a professional and sophisticated atmosphere. Beyond the functional workspace, the building offers a generous outdoor area, perfect for employee breaks, informal gatherings, or client entertainment. The central location ensures easy accessibility for employees and clients alike, while the low property taxes represent a significant financial advantage. Abundant parking is available on-site, eliminating the hassle of finding parking in a busy area. This turnkey office building provides everything needed to establish and grow a successful business, making it an exceptional investment opportunity. The combination of space, amenities, and location makes this property a truly compelling option for discerning businesses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Babbitt
County
St. Louis
State
Minnesota
Longitude
-91.9396
Latitude
47.7123
CBSA code
20260
CBSA name
DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,488
$10,900
$162,400
$173,300
-
$10,900
$162,400
$173,300
More about this property
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