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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
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    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-Level Storage Warehouse
    Two-Level Storage Warehouse

    4781 S County Road F, Maple, WI 54854

    $182,500
    4,000 sqft 1.27 AC lot

    Two-level storage building with predominantly open space on over an acre, offering visibility from Hwy 2.

    View details
    Spacious Storage Building Near Highway
    Spacious Storage Building Near Highway

    4781 S County Road F, Maple, WI 54854

    $182,500
    4,000 sqft 1.27 AC lot

    4,000 SF storage building on 1.27 acres near Hwy 2.

    View details
    Single-Tenant Industrial Net Lease Portfolio
    Single-Tenant Industrial Net Lease Portfolio

    3301 James Day Ave, Superior, WI 54880

    Contact for pricing
    73,000 sqft

    Three-property industrial net lease portfolio occupied by PetroChoice, with leases expiring April 30, 2028 and one renewal option.

    View details
    Prime Corner Warehouse For Sale
    Prime Corner Warehouse For Sale

    431 Tower Ave, Superior, WI 54880

    Contact for pricing
    20,600 sqft

    Large warehouse with drive-in doors and loading dock.

    View details

    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.

    Flex Warehouse with Heated Shops
    Flex Warehouse with Heated Shops

    1270 4th Ave SW, Chisholm, MN 55719

    $435,000
    7,642 sqft 3.10 AC lot

    Multi-bay warehouse with heated and unheated shops, multiple overhead doors, and a large open laydown site.

    View details
    I-Z Zoned Industrial Land
    I-Z Zoned Industrial Land

    41921 Goodview Avenue, Harris, MN 55032

    $994,600
    57.23 AC lot

    I-Z Opportunity Zone land spanning two parcels with broad industrial and agricultural permitted uses.

    View details
    Milaca Land For Sale
    Milaca Land For Sale

    710 10th Street NE, Milaca, MN 56353

    $375,000

    Land available for sale in Milaca, Minnesota.

    View details
    Barron, WI Commercial Land
    Barron, WI Commercial Land

    Guy Avenue lot: 7, Barron, WI 54812

    $96,600
    4.80 AC lot

    Shovel-ready commercial land in Barron's Industrial Park.

    View details

    Hermantown, MN Warehouses Market Trends and Statistics

    Explore 3 warehouses 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 warehouse buildings 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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    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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