For Sale
$1,500,000

4097 Highway 53 Eveleth, MN 55734

12.4 Acres, Multiple Buildings, Hwy 53 Frontage

Overview

Added:
Feb 3
Days on market:
82
This exceptional 12.4-acre commercial property in Eveleth, Minnesota, presents a remarkable business opportunity. Strategically located on Highway 53, the site boasts multiple substantial buildings, offering significant versatility for a wide range of industrial or commercial uses. The property includes city sewer and a private well, ensuring convenient and reliable utilities. A key feature is a newer, expansive building measuring 125 feet by 240 feet, featuring impressive ceiling heights of up to 25 feet. This building is equipped with multiple overhead doors, ideal for efficient loading and unloading of goods, along with hot water heat and ample workspace. A second building offers ceiling heights up to 16 feet and includes a well-appointed office area complete with a break room and conference room. Additional space within this building is suitable for inventory management or customized to suit specific business needs. A substantial cold storage area, approximately 60 feet by 220 feet, is also included. Previously used for wood product manufacturing, the buildings are adaptable to various industrial or warehouse applications, allowing for customization to meet the requirements of a new owner. This property's size, location, and existing infrastructure make it an exceptional investment opportunity with significant potential for growth and expansion. The asking price is $1,500,000.

Property Details for 4097 Highway 53

Property type
Investment properties
Year Built
1982
Lot Size (sq. ft)
540,144 SF

Location Insight

City
Eveleth
County
St. Louis County
State
Minnesota
Latitude
47.41566
Longitude
-92.5229

FAQs

What type of property is this?
Investment property - 12.4 Acres, Multiple Buildings, Hwy 53 Frontage
Where is the investment property located?
The property is located at 4097 Highway 53 Eveleth, MN.
What is the asking price?
The asking price for this property is $1,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4097 Highway 53
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