5468 Miller Trunk Highway Hermantown, MN ^$ 499,000

5468 Miller Trunk Highway

^$ 499,000

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5468 Miller Trunk Highway

Hermantown, MN, 55811

^$ 499,000

Studio Baths0.0 Sq 1,560

Monthly Estimate*

^$ 3,486

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Studio

Commercial Property for sale in Hermantown, MN

for $499,000. This 1,560 square foot building was built in 1992 on a lot size of 6.49.

6.49 acres of high land on Hwy 53 with a 25,000 daily car count. Well water on site. Buyer must hookup to city sewer which is available at the road. Additional Acreage available, 18 acres total. 30x90 building increases the profit possibilities. Come make your business visible at the gateway to the north!

Commercial Active

Price

^$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,308

Style

Business

Lot Size

6.49

Year Built

1992

Town/City

Hermantown

County/Region

Saint Louis

MLS | Web ID

6492846

Features

General

Sewer City Sewer - In Street

Heating Forced Air

Utilities Electric Common

Garage Spaces 1

Construction Materials Wood Siding

Year Built 1992

Property SubType Business

Tax Year 2023

Current Use Other

Accessibility None

County St. Louis

Property Type Commercial Sale

Contingency None

Subdivision Name Hermantown City Of

Directions West side of Hwy 53 south of 194 junction

City Hermantown

Buyer Agent Compensation 2.00

High School District Hermantown

Zoning Description Business/Commercial

Total Units 1

Street Name Miller Trunk

Land Lease Y/N N

Tax Annual Amount 8308

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Parking Lot

Lot Features Additional Land Available

Water Source Well

Inclusions Building

Lot Size Area 6.49

Building Area Total 1560

Lot Dimensions irregular

Lot Size Units Acres

Foundation Area 1560

Interior

Basement (Y/N) N

Street Suffix Highway

Foundation Dimensions 30x90

Fuel Natural Gas

Internal Only

Street Number 1 5468

* Excluded Features

List By

Adolphson Real Estate, Inc

Broker

jcooper@wiktel.com

Affordability Calculator

$4,178

Per Month

Monthly Principal & Interest: $3,486
Monthly Property Taxes: $692
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Hermantown, MN

Average List Price ^$324,225

Percent of Sale Price 35%

About Hermantown, MN

9,858 Population

25% Since 2002

^$71,007 Median Income

41.39 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048338 Elementary School

3048506 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/22/2024	$499,000		Listed Price

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5468 Miller Trunk Highway, Hermantown, MN, 55811 is a Commercial Property for sale at $499,000 with 1,560 sqft and a lot size of 6.49. 5468 Miller Trunk Highway is a studio with 0.0 baths and was built in 1992. The property's zip code is 55811 which is in Hermantown, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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5468 Miller Trunk Highway

Commercial Property for sale in Hermantown, MN

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