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    Hermantown, MN
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    Hermantown, MN Retail Properties & Spaces for Sale

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    Duluth, MN Cloquet, MN Saginaw, MN
    Multi-Tenant Commercial Flex Building
    $895,000
    14,130 SF
    Multi-Tenant Commercial Flex Building

    5547 Highway 2, Hermantown, MN 55810

    Flexible commercial building with nine leased spaces covering car sales, repair, warehouse, sales, and office uses.
    • 6.92‑acre property with 9 commercial spaces, currently leased for car sales, car repair, warehouse space, sales, and office space
    • Built in 1990 with oil heating
    • New mound septic system installed
    • Shingle roof and mound septic sewer system
    Updated: Oct 31, 2025
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    Versatile Property in Prime Location
    $3,400,000
    31,746 SF
    Versatile Property in Prime Location

    4355 Stebner Rd, Hermantown, MN

    Expansive property suitable for retail, warehouse, or mixed-use businesses.
    • Prime location with high visibility.
    • Suited for retail, warehouse, or large‑scale operations.
    • Flexible layout accommodates various configurations.
    • Strategically located commercial property.
    • Ready to meet current needs.
    Updated: Mar 19, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Hermantown, 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.

    Mixed-Use Storefront and Apartment
    $210,000
    2,200 SF
    Mixed-Use Storefront and Apartment

    Two-level mixed-use building with a storefront level and residential apartment above, supported by newer boiler and roof.

    1717 Winter St, Superior, WI 54880

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    Duluth Retail Development For Sale
    $7,496,000
    14,000 SF
    Duluth Retail Development For Sale

    Retail development with national brands in Duluth's commercial corridor.

    2104 Maple Grove Rd, Duluth, MN 55811

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    Two-Tenant Retail in Duluth, MN
    $2,357,000
    15,631 SF
    Two-Tenant Retail in Duluth, MN

    Two-tenant retail property with new 10-year lease in Duluth.

    4615 Grand Ave, Duluth, MN 55807

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    Versatile Mixed-Use Commercial Building
    $399,900
    1,800 SF
    Versatile Mixed-Use Commercial Building

    Historic building with retail, office, and garage space.

    507 Tower Ave, Superior, WI 54880

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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.

    Zoned Commercial Development Lot
    $189,000
    0.69 Acres
    Zoned Commercial Development Lot

    Build-ready opportunity on a commercial-zoned lot for commercial development or housing possibilities with due diligence.

    Commonwealth Ave, Duluth, MN 55808

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    Commercial Land with Three-Side Access
    $87,500
    0.34 Acres
    Commercial Land with Three-Side Access

    Level commercial lot zoned C2, with access on three sides and strong traffic visibility for retail or service development.

    2802 E 2nd St, Superior, WI 54880

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    Commercial Land on Highway 61
    $344,000
    Commercial Land on Highway 61

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

    1050 HWY 61, Two Harbors, MN 55616

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    General Commercial Land Site
    $150,000
    0.74 Acres
    General Commercial Land Site

    Level 0.74-acre commercial lot in C-2 General Commercial & Highway zoning with city utilities for straightforward development.

    85 Arrowhead Ln, Moose Lake, MN 55767

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    Hermantown, MN Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 2 retail properties & spaces for sale in Hermantown, MN on our real estate platform. These investment opportunities span a total of 45,876 square feet of properties for sale, with an estimated market value of $4,295,000.

    Sale prices for stores in Hermantown, MN start at $895,000, averaging $2,147,500, and reaching up to $3,400,000 — 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

    Auto shops 1
    Automotive properties 1

    Demographics Overview

    Population 36K
    Population Growth (5Y) +0.4%
    Median Household Income $78,798
    College Educated 46.8%

    High-Yield Neighborhoods for Investment

    Identify Hermantown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Duluth - 55810 $895K

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

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