5480 Miller Trunk Highway Hermantown, MN ^$ 249,000

5480 Miller Trunk Highway

^$ 249,000

Back to search

5480 Miller Trunk Highway

Hermantown, MN, 55811

^$ 249,000

Studio Baths0.0 Sq 1,294

Monthly Estimate*

^$ 1,739

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 1

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 2

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 3

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 4

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 5

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 6

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 7

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 8

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 9

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 10

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 11

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 12

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 13

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 14

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 15

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 16

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 17

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 18

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 19

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 20

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 21

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 22

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 23

5480 Miller Trunk Highway, Hermantown, MN 55811 - Image 24

Studio

Commercial Property for sale in Hermantown, MN

for $249,000. This 1,294 square foot building was built in 1956 on a lot size of 0.94.

9 Million cars a year traffic count by your driveway! 18 acres total available! Business friendly Hermantown! Insurance agency, dispensary, financial services, or so many other possibilities! Solid home ready for a business life. All traffic going north from Duluth goes by this site! Additional acreage available. Quick possesion is possible.

Commercial Active

Price

^$ 249,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,462

Style

Lot Size

0.94

Year Built

1956

Town/City

Hermantown

County/Region

Saint Louis

MLS | Web ID

6459889

Features

General

Sewer Septic System Compliant - No

Heating Baseboard

Cooling Central Air

Utilities Electric Common

Appliances Cooktop Dryer

Garage Spaces 1

Construction Materials Vinyl Siding

Year Built 1956

Tax Year 2022

Current Use Residential

Accessibility Wheelchair Ramp(s)

County St. Louis

Property Type Commercial Sale

Association Amenities Porch

Contingency None

Subdivision Name Hermantown City Of

Possible Use Professional Service Rest/Lounge Retail Shop Investment

Directions Hwy 53 north to the property before the 194 intersection.

City Hermantown

Buyer Agent Compensation 2.00

High School District Hermantown

Zoning Description Business/Commercial

Total Units 1

Street Name Miller Trunk

Land Lease Y/N N

Tax Annual Amount 2462

Additional Parcels Y/N N

Days on Market 164

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Block

Basement (Y/N) Y

Street Suffix Highway

Foundation Dimensions 28x34 4x14 4x12

Fuel Natural Gas

Garage Dimensions 28x40

Garage Door Width 8

Garage Square Feet 1120

Exterior

Parking Features Detached Driveway - Other Surface

Water Source Dug Well

Inclusions Building Land

Lot Size Area 0.94

Building Area Total 1294

Lot Dimensions 300x150

Lot Size Units Acres

Foundation Area 1056

Road Frontage Type State Road Highway

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 5480

* Excluded Features

List By

Adolphson Real Estate, Inc

Broker

jcooper@wiktel.com

Affordability Calculator

$1,945

Per Month

Monthly Principal & Interest: $1,739
Monthly Property Taxes: $205
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Hermantown, MN

Average List Price ^$324,225

Percent of Sale Price 30%

About Hermantown, MN

9,858 Population

25% Since 2002

^$71,007 Median Income

41.39 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048338 Elementary School

3048506 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$249,000	-16.97%	Price Down
11/14/2023	$299,900		Listed Price

Map

More homes like this one

homes for you

See all

5480 Miller Trunk Highway, Hermantown, MN, 55811 is a Commercial Property for sale at $249,000 with 1,294 sqft and a lot size of 0.94. 5480 Miller Trunk Highway is a studio with 0.0 baths and was built in 1956. The property's zip code is 55811 which is in Hermantown, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

5480 Miller Trunk Highway

Commercial Property for sale in Hermantown, MN

Affordability Calculator

Map

More homes like this one

Get more info about this home