NEED TO SELL your home to buy this one?
  • 4776 Hermantown Rd

  • Hermantown, MN 55811
  • $4,500,000
  • MLS® #: 6088473
  • Year Built: 1900
COMMERCIAL property for sale in Hermantown, MN at 4776 Hermantown Rd. This property is priced at $4,500,000/acre.

Description of 4776 Hermantown Rd, Hermantown, MN 55811 - $4,500,000

Owner Retiring after 20+ years of building a profitable, respected, well maintained, diverse 13 rental property portfolio with a unique tenant base in the Northland which has undergone numerous upgrades and remodels so that all major building components have been addressed. Only vacancies have been during upgrades/remodels. Offering at a 4.5% CAP Rate with over $200k NOI with a couple properties still having significant development opportunities based on unique zoning in Hermantown. OWNER/AGENT. More details provided upon request and signed NDA.

Essential Information

  • MLS® #6088473
  • Price$4,500,000
  • Bathrooms0.00
  • Acres1.00
  • Year Built1900
  • TypeCOMMERCIAL
  • Sub-TypeBusiness Opportunity
  • StatusACTIVE

Exterior

  • ExteriorVinyl
  • RoofAsphalt Shingles
  • ConstructionFrame/Wood

Community Information

  • Address4776 Hermantown Rd
  • AreaHermantown
  • CityHermantown
  • CountySt. Louis County
  • StateMN
  • Zip Code55811

Additional Information

  • Listing OfficeAdolphson Real Estate

Interior

  • HeatingElectric, City Gas, Boiler

Kris LindahlREALTOR®

Mortgage Calculator

Down Payment: Monthly Payment:

Property Location for 4776 Hermantown Rd, Hermantown

Get directions to this property:
Please provide a valid email address.

By searching, you agree to the End User License Agreement

Information is supplied by seller and other third parties and has not been verified.

Copyright 2020 Duluth Area Association of REALTORS® MLS All Rights Reserved.