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$8,997.00

1.27 acres | Commercial Zoning

A unique opportunity to own commercial property in Minnesota. This 1.27 Acre property is located just to the south of Highway 73, a short ways Southwest of Hibbing. The land is flat and open with only a few trees. It is zoned in a Highway Commercial district which is established for service and limited retail businesses, although almost all of this land is within a wetland so you will need to research your options here.

Land Specifics

Property Number 12407
Size 1.27 acres
Dimensions 312.44' x 229.52' x 298.85' x 135.76'
Road Access
Slope Description Mostly Flat
Zoning Commercial
Zoning Code C-3 Highway Service Commercial District
Zoning Definition

C-3 Highway Service Commercial District:
The purpose of the C-3, Highway Commercial District is to provide for the establishment of service and limited retail businesses primarily oriented toward motorists and requiring high volumes of traffic and visibility from major roads.

Industrial uses permitted, business uses, amusement parks, retail spaces, brewery/tap rooms, restaurants and other specialty stores allowed.

On Property Usage/Potential
  • Investment
  • Commercial
Nearby Usage
  • Homesite

Location

County St. Louis
State Minnesota
Property Video Tour
Other Maps

Additional Information

Assessor Parcel Number (APN) 139 0080 00830
Estimated Annual Taxes $0.00
Legal Description

Lots 5 through 18, Block 4, EXCEPT highway right of way; INCLUDING the W1/2 of vacated 2nd Ave. adjacent; AND INCLUDING the N1/2 of vacated B St.; AND INCLUDING that part of the vacated alley adjacent.

Buy this property today!

Select to finance or pay in full.

Finance Terms

Purchase Price $8,997.00
Interest Rate 9.7%
Loan Term 5 years 6 months
Total Monthly Payment $183.48

Due Today

Down Payment $149.00
Document Fee $149.00
Transfer Tax $29.69
Total Due Today: $327.69

Pay in Full Terms

Purchase Price $8,997.00
Your Pay in Full Discount -$1,799.40
Your Price Today = $7,197.60
Document Fee + $149.00
Transfer Tax + $29.69
Total Due Today $7,376.29
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