$9,828.22
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 Foreclosed
| 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 |
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| Nearby Usage |
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Location
| County | St. Louis |
|---|---|
| State | Minnesota |
| Other Maps |
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Additional Information
| Assessor Parcel Number (APN) | 139 0080 00830 |
|---|---|
| Estimated Annual Taxes | $18.00 |
| 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. |
| Monthly HOA Dues | $0 |
| HOA | |
| HOA Dues | $0 |
| HOA Info |
Buy this property today!
Select to finance or pay in full.
Finance Terms
| Foreclosed | |
|---|---|
| Original Price | $11,997.00 |
| Purchase Price | $9,828.22 |
| Interest Rate | 11.7% |
| Loan Term | 5 years 6 months |
| Total Monthly Payment | 0 |
Due Today
| Cost to Bring Current | $165.00 |
|---|---|
| Down Payment | $0.00 |
| Document Fee | $0.00 |
| Transfer Tax | $32.43 |
| Total Due Today: | $197.43 |
Pay in Full Terms
| Foreclosed | |
|---|---|
| Original Price | $12,000.00 |
| Purchase Price | $9,828.22 |
| Your Price Today | = $9,828.22 |
| Document Fee | + $149.00 |
| Cost to Bring Current | + $165.00 |
| Transfer Tax | + $32.43 |
| Total Due Today | $10,174.65 |
Finance Property
