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    Iron, MN Virginia, MN Eveleth, MN Buhl, MN Gilbert, MN Chisholm, MN Britt, MN Biwabik, MN
    Office Building with Leased Garage
    Updated: Aug 22
    Office Building with Leased Garage

    8878 Main St, Mountain Iron, MN 55768

    $325,000
    7,050 sqft
    7,050‑square‑foot office building constructed in 1915
    Upper level has 4 offices, 5 cubicle workspaces, a conference room, and 2 bathrooms
    Street level includes 3 offices, 4 additional cubicle positions, storage, lockers, and a bathroom
    Leased 5‑stall garage with 2,400 square feet
    Tenant covers rent, utilities, insurance, and taxes
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Mountain Iron, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Church Building with Classrooms
    Church Building with Classrooms

    32 Church St, Soudan, MN

    $150,000
    5,046 sqft

    Well-maintained church building with sanctuary, classrooms, office space, and a full lower level, plus two on-site storage buildings.

    View details
    Marina with Boat Storage
    Marina with Boat Storage

    2331 Old Highway 169, Ely, MN 55731

    $459,000
    720 sqft 11.50 AC lot

    Operating marina property with residential accommodations, enclosed boat storage, outdoor capacity, and service-oriented improvements.

    View details
    Boat Storage Marina Property
    Boat Storage Marina Property

    2331 Old Hwy 169, Ely, MN 55731

    $459,000

    Mixed-use property combines boat storage, service space, and year-round residential accommodations.

    View details
    Church Property with Full Lower Level
    Church Property with Full Lower Level

    32 Church Street, Soudan, MN 55782

    $150,000

    Maintained church building with sanctuary, classrooms, offices, kitchen, dining space, and two on-site storage structures.

    View details

    Off-Market Properties in Mountain Iron, MN

    Consider similar Off-Market properties in Mountain Iron, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8367 Enterprise N Dr
    CHARITABLE ORGANIZATION

    8367 Enterprise N Dr, Mountain Iron, MN 55768

    Estimated value:
    $250,000
    6,000 sqft
    View details
    5558 Enterprise NE Dr
    CHARITABLE ORGANIZATION

    5558 Enterprise NE Dr, Mountain Iron, MN 55768

    Estimated value:
    $305,000
    1,920 sqft 1.46 AC lot
    View details
    8790 Arbor Ln
    CHARITABLE ORGANIZATION

    8790 Arbor Ln, Mountain Iron, MN 55768-2035

    Estimated value:
    $305,000
    2,532 sqft
    View details

    Mountain Iron, MN Specialty Properties Market Trends and Statistics

    Explore 4 specialty properties for sale in Mountain Iron, MN on our real estate platform. These investment opportunities span a total of 7,050 square feet of properties for sale, with an estimated market value of $325,000.

    Sale prices for properties in Mountain Iron, MN average $325,000 — 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

    NNN properties 1

    Demographics Overview

    Population 2,791
    Population Growth (5Y) -3.8%
    Median Household Income $82,261
    College Educated 32.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55768 $375K

    Taxes & Financing

    Tax Rate (average for all types) 2.70%
    Property Tax per SF $14.64 per SF
    Tax Rate vs County Average 0.11 pp above 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)

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