5547-5555 Highway 2 - Multi-Building Sale

Industrial: Mixed Use

5547 - 5555 Highway 2, Hermantown, MN 55810

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Property Details

Location

Address: 5547 - 5555 Highway 2, Hermantown, MN 55810
County: St Louis
Submarket: MN - Duluth
Parcels: 395-0010-09450

Building Size

Building Size: 14,130 SF

Building Details

Type: Industrial: Mixed Use
Number of Buildings: 2
Occupancy Type: Multi-tenant
Percent Occupied: 100%
Building Class: —
Building Status: Existing
Floors: 2
Year Built: 1999
Sprinklers: —
Parking Ratio: —

Industrial Details

Dock High Doors: —
Grade Level Doors: —
Cross Dock Doors: —
Ceiling Height: —
Rail Doors: —
Yard: —
Electrical: —
Industrial Space: —

Land & Utilities

Land (Acres): 6.92 Acres
Land (SF): 301,435 SF
Zoning: —
Lot Depth: —
Lot Width: —

Contacts

Current Listings

Hermantown, MN Multi-Building Sale

Industrial For Sale

14,130 SF$995,000

Cap Rate: 10.25%

Two Buildings / 7 Acres!

Occupy one and rent the other, or use or rent all. Many combinations of use will work at this property. Residential units, shop and ware-house space, office and lots of out-door storage parking or laydown space. On Hwy 2 for all weather use and prime trucking route. Just out-side of Proctor city limits with quick access to all major roadways.

Two Buildings / 7 Acres!

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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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