5315 Miller Trunk HwyHermantown, MN 55811

Property Details for 5315 Miller Trunk Hwy

Year built

1980

Lot size

1.88 AC

Property size (Sq ft)

10,000 SF

Property type

Other commercial real estate

APN

395-0010-00853

APU

395001000853

Description

This exceptional 46-acre industrial property, located at 5315 Miller Trunk Hwy in Hermantown, Minnesota (zip code 55811), presents a unique investment opportunity. Situated conveniently on Hwy 53 and identified by APN 395-0010-00853 in St. Louis County, this single-story, 1980-built warehouse complex offers significant potential for expansion and development. The property features a total of two suites within a single building, providing flexibility for various business needs. Loading capabilities are robust, with three dock-high doors and one drive-in door ensuring efficient goods movement. The property is classified as both industrial and commercial land, making it suitable for a wide range of uses. The substantial lot size allows for ample room for expansion, parking, or additional structures. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strategic presence in the thriving Hermantown market. The property's existing infrastructure provides a solid foundation for immediate occupancy or future development, presenting a compelling opportunity for growth and profitability. The address is easily accessible via Hwy 53 and is situated within St. Louis County, Minnesota. This is a rare opportunity to acquire a significant industrial property in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $2,104,435

  Hospitality

  $1,927,651

  Educational

  $1,603,783

  Medical

  $1,658,939

  Retail

  $2,494,773

Location Insight

City

Hermantown

County

St. Louis

State

Minnesota

Latitude

46.8374

Longitude

-92.2409

CBSA code

20260

CBSA name

DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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