5211 Miller Trunk Highway Hermantown, MN $ 369,000
5211 Miller Trunk Highway
$ 369,000
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5211 Miller Trunk Highway

Hermantown, MN, 55811
$ 369,000
Baths0.0 Sq 2,445

Monthly Estimate*

$ 2,578

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Studio

Commercial Property for sale in Hermantown, MN

for $369,000. This 2,445 square foot building was built in 1955 on a lot size of 1.4.

Commercial building for sale! When you view the space, it's hard not to think of all the opportunities and potential this space has to offer. You can't beat the location, easy access, and ample parking spaces. The interior space has a reception, two large showrooms, and an upstairs storage space. The unfinished basement actually produces cash flow from long term tenant "The Snake Pit." There is room to grow on the 1.4 acre lot. Come have a look today!

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Commercial Active

Price

$ 369,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,278

Style

Retail

Lot Size

1.4

Year Built

1955

Town/City

Hermantown

County/Region

Saint Louis

MLS | Web ID

6364149

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common
Roof Asphalt
Garage Spaces 1
Construction Materials Vinyl Siding
Year Built 1955
Levels Two
Property SubType Retail
Tax Year 2022
Current Use Retail
Accessibility Partially Wheelchair Wheelchair Ramp(s)
County St. Louis
Property Type Commercial Sale
Contingency None
Subdivision Name Maple Hill
Directions Go out of town on Miller Trunk Hwy. Property is on your right!
City Hermantown
Buyer Agent Compensation 2.50
High School District Hermantown
Zoning Description Business/Commercial
Total Units 1
Street Name Miller Trunk
Land Lease Y/N N
Tax Annual Amount 7278
Additional Parcels Y/N N
Days on Market 331
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Block
Basement (Y/N) Y
Street Suffix Highway
Foundation Dimensions 30x36 & 26x35
Fuel Oil Propane
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected Drilled
Inclusions Building Fixture/Equipment Land
Lot Size Area 1.4
Building Area Total 2445
Lot Dimensions 115x531
Lot Size Units Acres
Foundation Area 1990
Road Frontage Type Highway
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Internal Only
Street Number 1 5211
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* Excluded Features
List By
Coldwell Banker Realty

Broker

Affordability Calculator

$3,184
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,578
Monthly Property Taxes
$607
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3048338 Elementary School
3048506 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/25/2023$369,000 -7.29% Price Down
8/26/2023$398,000 -14.41% Price Down
5/3/2023$465,000 Listed Price

Map


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5211 Miller Trunk Highway, Hermantown, MN, 55811 is a Commercial Property for sale at $369,000 with 2,445 sqft and a lot size of 1.4. 5211 Miller Trunk Highway is a studio with 0.0 baths and was built in 1955. The property's zip code is 55811 which is in Hermantown, MN