Hwy 53 Portfolio Sale - 95.91 Acres

Land

Hwy 53, EvelethMN 55734

Property Details

Location

Address
Hwy 53, EvelethMN 55734
County
Saint Louis
Submarket
MN - Out of Metro North
Cross Street
Eveleth

Building Size

Building Size

Building Details

Type
 Land
Number of Buildings
Occupancy Type
Percent Occupied
Building Class
Floors
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
61.98 Acres
Land (SF)
2,699,849 SF
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Eveleth MN - City Owned Hwy 53 Land Development Opportunities

City Owned Land Development Opportunities:

*** Site Available Individually ***

Site 1: 10.71 Acres - Formerly a Hotel - Site Cleared & Ready to Build On

Site 2: 11.27 Acres - Industrial Prick Drive

Site 3: 40 Acres - Access Via Hwy 37/53 Interchange - will subdivide

Site #4: 33.93 Acres - Hwy 53 on St Marys Lake

- City Utilities to All Sites

- Highway 53 (15,000+ VPD) Frontage with Incredible Visibility

These properties are owned by the City of Eveleth. To maintain their direction of economic development, the following will be required to accompany an offer and to purchase the property(ies):

- A detailed plan of the intended use of the building and land

- A financial plan to complete the proposed plan

- Evidence of the source of funding for the development and improvements

- The date of commencement of the improvements and date of completion

of the development and improvements

- A statement of the minimum tas value of the asset after completion of the

development and improvements

- A statement acknowledging that any offer is subject to city approval

City Owned Land Development Opportunities:

*** Site Available Individually ***

Site 1: 10.71 Acres - Formerly a Hotel - Site Cleared & Ready to Build On

Site 2: 11.27 Acres - Industrial Prick Drive

Site 3: 40 Acres - Access Via Hwy 37/53 Interchange - will subdivide

Site #4: 33.93 Acres - Hwy 53 on St Marys Lake

- City Utilities to All Sites

- Highway 53 (15,000+ VPD) Frontage with Incredible Visibility

These properties are owned by the City of Eveleth. To maintain their direction of economic development, the following will be required to accompany an offer and to purchase the property(ies):

- A detailed plan of the intended use of the building and land

- A financial plan to complete the proposed plan

- Evidence of the source of funding for the development and improvements

- The date of commencement of the improvements and date of completion

of the development and improvements

- A statement of the minimum tas value of the asset after completion of the

development and improvements

- A statement acknowledging that any offer is subject to city approval

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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