105 Central BlvdBabbitt, MN 55706

  • Commercial real estate
  • 2,592 SF
For Sale
$275,000 View listing

Property Details for 105 Central Blvd

Year built
1960
Construction
WOOD FRAME
Lot size
0.60 AC
Property size (Sq ft)
2,592 SF
Property type
Commercial real estate
APN
105-0080-00052
APU
105008000052

Description

This exceptional 5,184 square foot office building, situated on a 0.6-acre lot at 105 Central Boulevard in Babbitt, Minnesota, presents a unique opportunity for businesses seeking a well-appointed and conveniently located workspace. The property boasts nine individual offices, providing ample room for a diverse workforce or expanding operations. A large conference room, comfortably seating fifteen, is ideal for meetings, presentations, and collaborative efforts. The interior features attractive hardwood floors, contributing to a professional and sophisticated atmosphere. Beyond the functional workspace, the building offers a generous outdoor area, perfect for employee breaks, informal gatherings, or client entertainment. The central location ensures easy accessibility for employees and clients alike, while the low property taxes represent a significant financial advantage. Abundant parking is available on-site, eliminating the hassle of finding parking in a busy area. This turnkey office building provides everything needed to establish and grow a successful business, making it an exceptional investment opportunity. The combination of space, amenities, and location makes this property a truly compelling option for discerning businesses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $545,469
    Hospitality
    $499,647
    Educational
    $415,701
    Medical
    $429,997
    Retail
    $646,645
105 Central Blvd, Babbitt, Minnesota

Location Insight

City
Babbitt
County
St. Louis
State
Minnesota
Latitude
47.7123
Longitude
-91.9396
CBSA code
20260
CBSA name
DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,488
$10,900
$162,400
$173,300
-
$10,900
$162,400
$173,300

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