1402 E Howard St

Hospitality: Hotel

1402 E Howard St, HibbingMN 55746

Property Details

Location

Address
1402 E Howard St, HibbingMN 55746
County
St. Louis
Submarket
MN - Out of Metro North
Cross Street
E Beltline

Building Size

Building Size
125,000 SF

Building Details

Type
 Hospitality: Hotel
Number of Buildings
1
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
2
Year Built
1964
Year Renovated
1998
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
4.40 Acres
Land (SF)
191,629 SF
Zoning
C-3
Lot Depth
Lot Width

Contacts

Current Listings

Hibbing Park Hotel & Suites

Situated on a highly visible 4.55-acre site at the east entrance into Hibbing, the hotel benefits from its excellent position along U.S. Highway 169, providing easy access to all of the Iron Range region and Northern Minnesota. The hotel is the only full-service property in Hibbing and averaged $1,061,750 room revenue and $2,853,406 gross revenue from 2017 to 2019. Offered at an extremely attractive basis, the property is an excellent conversion opportunity due to its concrete

and steel construction, ample room count, and variety of brand options available. Amenities include an indoor heated pool and hot tub, fitness room, restaurant, lounge, and 3,200 square feet of meeting and banquet space. Additionally, the property is also an excellent redevelopment opportunity or could easily be converted into market rate, affordable or student housing, senior living or assisted living, behavioral health, retail, or storage facilities.

Cushman & Wakefield

Situated on a highly visible 4.55-acre site at the east entrance into Hibbing, the hotel benefits from its excellent position along U.S. Highway 169, providing easy access to all of the Iron Range region and Northern Minnesota. The hotel is the only full-service property in Hibbing and averaged $1,061,750 room revenue and $2,853,406 gross revenue from 2017 to 2019. Offered at an extremely attractive basis, the property is an excellent conversion opportunity due to its concrete

and steel construction, ample room count, and variety of brand options available. Amenities include an indoor heated pool and hot tub, fitness room, restaurant, lounge, and 3,200 square feet of meeting and banquet space. Additionally, the property is also an excellent redevelopment opportunity or could easily be converted into market rate, affordable or student housing, senior living or assisted living, behavioral health, retail, or storage facilities.

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