Property summary
This exceptional commercial property, located at 8310 Joseph Street in Babbitt, Minnesota, presents a unique investment opportunity. The building boasts a substantial 4,448 square feet of space, offering ample room for a variety of business ventures. Situated on a generous 1.01-acre lot, the property provides ample parking and potential for expansion or outdoor operations. The address, 8310 Joseph Street, places the property in a convenient location within Babbitt, offering easy access to local amenities and transportation routes. The property's versatility makes it suitable for a wide range of commercial uses, from retail and office space to light industrial or storage. The asking price of $399,900 represents a compelling value for a property of this size and location in the Babbitt market. Serious inquiries are encouraged to explore the possibilities this property offers. The substantial square footage and expansive lot size provide significant potential for growth and adaptation to meet the needs of a diverse range of businesses. This is a rare opportunity to acquire a well-positioned commercial property in a desirable location. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Further details and viewing arrangements can be made upon request. Don't miss this chance to secure a prime commercial asset in Babbitt, Minnesota.
Property profile
VerifiedCap rate & NOI
Current use
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Bar & Pub Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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