223 Grant Ave Eveleth, MN 55734
For Sale
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This exceptional commercial property, located at 223 Grant Avenue in Eveleth, Minnesota, presents a unique investment opportunity. The building boasts a substantial 8,206 square feet of space, offering ample room for a variety of commercial ventures. Situated on a conveniently sized 0.15-acre lot, the property provides sufficient land for expansion or outdoor activities related to the business. The building's versatile nature makes it suitable for a wide range of uses, allowing for creative adaptation to meet specific business needs. Its prime location in Eveleth offers excellent visibility and accessibility, ensuring convenient access for customers and employees. The asking price of $324,500 represents a compelling value for a property of this size and potential in a thriving community. This is an ideal opportunity for entrepreneurs and investors seeking a strong foothold in the Eveleth market. The property is ready for immediate occupancy, allowing for a swift transition into operations. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's layout and specifications are available upon request. Don't miss this chance to acquire a significant commercial asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.