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    Babbitt, MN Retail Properties & Spaces for Sale

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    Embarrass, MN Isabella, MN Ely, MN Soudan, MN Tower, MN Hoyt Lakes, MN Aurora, MN Biwabik, MN
    Retail Storefront Property
    Updated: May 28
    Retail Storefront Property

    2667 Highway 70, Babbitt, MN 55706

    $199,000
    2,840 sqft
    For‑sale retail storefront at 2667 Highway 70 in Babbitt, MN
    Retail property totals 2,840 SF
    Built in 1958
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Babbitt, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Home Goods Storefront
    Retail Home Goods Storefront

    303 Main Street, Tower, MN 55790

    $250,000
    2,400 sqft

    Nordic-inspired home goods boutique offered for sale along a busy state corridor near BWCAW access.

    View details
    Turnkey Restaurant and Apartments
    Turnkey Restaurant and Apartments

    216 E Sheridan St, Ely, MN 55731

    $390,000
    6,800 sqft

    Purchase a fully equipped restaurant space with four apartments above, totaling about 6,800 square feet.

    View details
    Retail Storefront With Inventory Option
    Retail Storefront With Inventory Option

    303 Main Street, Tower, MN 55790

    $250,000

    For sale retail storefront located on Main Street in Tower, Minnesota, featuring a Nordic-inspired home goods business.

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    Mixed-Use Building in Downtown Ely
    Mixed-Use Building in Downtown Ely

    216 E Sheridan St, Ely, MN

    $390,000
    8,078 sqft 0.14 AC lot

    Two-story building with restaurant and four apartments in Ely.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land on Highway 61
    Commercial Land on Highway 61

    1050 HWY 61, Two Harbors, MN 55616

    $344,000

    B-1 land available on Highway 61 in Two Harbors.

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    Hibbing Commercial Land Opportunity
    Hibbing Commercial Land Opportunity

    Old Highway 169, Hibbing, MN 55746

    $195,000
    17.00 AC lot

    Prime commercial land with utilities and road frontage.

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    Commercial Land Near Westside Commons
    Commercial Land Near Westside Commons

    Hwy 73, Hibbing, MN 55746

    $149,000

    Commercial land with frontage near Walmart and Westside Commons.

    View details
    Commercial Land with Highway Frontage
    Commercial Land with Highway Frontage

    3857 HWY 73, Hibbing, MN 55746

    $79,000

    Commercially zoned land with highway frontage, city services available, and proximity to major retail.

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    Babbitt, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 1 retail properties & spaces for sale in Babbitt, MN on our real estate platform. These investment opportunities span a total of 2,840 square feet of properties for sale, with an estimated market value of $199,000.

    Sale prices for stores in Babbitt, MN average $199,000 — 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

    Storefront properties 1

    Demographics Overview

    Population 1,827
    Population Growth (5Y) +13.3%
    Median Household Income $60,096
    College Educated 30.1%

    Taxes & Financing

    Tax Rate (average for all types) 2.18%
    Property Tax per SF $44.35 per SF
    Tax Rate vs County Average 0.41 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

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