For Sale
$149,900

2016 1St AveHibbing, MN 55746

Live & Work in Hibbing's Heart!

Overview

Added:
Feb 3
Days on market:
65
This unique mixed-use property at 2016 1st Ave, Hibbing, MN, presents a compelling investment opportunity. Priced at $149,900, this building offers a seamless blend of commercial and residential space, ideal for owner-occupancy or rental income generation. The property boasts a fully furnished, spacious two-bedroom apartment situated above a well-appointed office/retail area. The apartment features a rooftop deck offering stunning city views and is equipped with a mini-split heating and cooling system for optimal comfort. The office space is equally well-equipped, featuring several individual rooms and a welcoming reception area complete with built-in shelving and storage. Parking is abundant, with a two-car attached heated garage providing ample space for vehicles or storage, supplemented by off-street parking and a large city-owned parking lot directly behind the building. The building's location in downtown Hibbing provides immediate access to numerous restaurants and businesses, ensuring high visibility and foot traffic for the commercial space. The 0.08-acre lot offers a manageable footprint, while the mini-split systems in both the apartment and office ensure efficient climate control. This property is a rare find, combining the convenience of living above your business with the potential for substantial rental income. Don't miss this chance to own a piece of downtown Hibbing.

Property Details for 2016 1St Ave

Property type
Mixed-use properties
Year Built
1953
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Hibbing
County
St. Louis County
State
Minnesota
Latitude
47.42672
Longitude
-92.94167
2016 1St Ave, Hibbing, Minnesota

FAQs

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2016 1St Ave
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