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

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    Multi-Tenant Flex and Warehouse Property
    Updated: Jun 26
    Multi-Tenant Flex and Warehouse Property

    5547 Highway 2, Hermantown, MN 55810

    $845,000
    14,130 sqft 6.92 AC lot
    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
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    This listing looks promising.

    Here's a quick look at some key insights for

    5547 Highway 2, Hermantown, MN 55810

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $68K
      Annual

    • Price @ 7% Cap

      $970K
      Above asking

    • Property Type

      Single Family Residence
      Built 1999
    View Property Analytics
    Multi-Tenant Automotive and Warehouse Property
    Updated: Aug 14, 2025
    Multi-Tenant Automotive and Warehouse Property

    5547 Highway 2, Hermantown, MN 55810

    $845,000
    14,130 sqft 6.92 AC lot
    9 commercial spaces currently leased for car sales, car repair, warehouse, sales, and office uses
    6.92‑acre property with room to house a business or lease out the existing commercial spaces
    New mound septic system
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    Versatile Property in Prime Location
    Versatile Property in Prime Location

    4355 Stebner Rd, Hermantown, MN

    Contact for pricing
    31,746 sqft 1.35 AC lot

    Expansive property suitable for retail, warehouse, or mixed-use businesses.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 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.

    Two-Tenant Retail in Duluth, MN
    Two-Tenant Retail in Duluth, MN

    4615 Grand Ave, Duluth, MN 55807

    $2,357,000
    15,631 sqft

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

    View details
    Mixed-Use Storefront and Apartment
    Mixed-Use Storefront and Apartment

    1717 Winter St, Superior, WI 54880

    $205,000
    2,200 sqft 0.02 AC lot

    Two-level mixed-use building with a street-level storefront and an upstairs apartment, plus newer boiler and roof.

    View details
    Versatile Mixed-Use Commercial Building
    Versatile Mixed-Use Commercial Building

    507 Tower Ave, Superior, WI 54880

    $399,900
    1,800 sqft

    Historic building with retail, office, and garage space.

    View details
    Leased Retail Building with Footbridge
    Leased Retail Building with Footbridge

    1017-1019 W Central Entrance, Duluth, MN 55811

    Contact for pricing
    6,046 sqft

    Fully leased 6,046 SF steel-frame retail building with stucco siding replaced in 2024 and a footbridge inspected in 2024.

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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 with Three-Side Access
    Commercial Land with Three-Side Access

    2802 E 2nd St, Superior, WI 54880

    $87,500
    0.34 AC lot

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

    View details
    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.

    View details
    General Commercial Land on Main Corridor
    General Commercial Land on Main Corridor

    85 Arrowhead Ln, Moose Lake, MN 55767

    $140,000
    0.74 AC lot

    Level, serviced commercial lot in C-2 zoning on a high-visibility Moose Lake corridor.

    View details
    Highway-Front Commercial Land
    Highway-Front Commercial Land

    85 Arrowhead Ln, Moose Lake, MN 55767

    $140,000
    0.74 AC lot

    Level C-2 zoned lot on Moose Lake’s main corridor, served by city utilities and surveyed.

    View details

    Hermantown, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 3 retail properties & spaces for sale in Hermantown, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 60,006 square feet of properties for sale, with an estimated market value of $1,690,000.

    Sale prices for stores in Hermantown, MN average $845,000 — 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 2
    Automotive properties 2
    Showrooms 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 $845K

    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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