This property presents a fantastic investment opportunity with both commercial and residential components. The ground floor features a fully equipped and operational bar space, commercial kitchen, and seating area. The second floor offers a spacious 3-bedroom, 1 bathroom living area with its own private entrance. The upstairs unit is also currently being rented, providing additional monthly income. This is an excellent opportunity for an investor or owner-operator looking to capitalize on a proven income-generating business with an added residential component. Call for a tour!
Great Business opportunity! Located on Hwy 53, this 6+ acres of land features multiple big buildings with city sewer, a private well, & has great potential for your next business endeavor or growing your business to new heights! The 125x240ft newer building has ceilings heights up to 25ft, multiple overhead doors for convenient distributing of products & taking in inventory/supplies, hot water heat, & tons of working space! The other building has ceiling heights up to 16ft. This building features a nicely finished office space with a break room & conference room; space in between for organizing/maintaining inventory or what you dream the space to be; & there is a cold storage area measuring to approx 60x220ft. The buildings were used for manufacturing wood products but you can have an industrial warehouse or convert it to fit your needs, dreams, and desires. Don't miss out!! For a personal tour, call today!
The median home value in Eveleth, MN is $243,399. This is higher than the county median home value of $197,400. The national median home value is $338,100. The average price of homes sold in Eveleth, MN is $243,399. Approximately 52.65% of Eveleth homes are owned, compared to 30.15% rented, while 17.2% are vacant. Eveleth real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Eveleth real estate agent to arrange a tour today!
Eveleth, Minnesota has a population of 3,513. Eveleth is more family-centric than the surrounding county with 32.7% of the households containing married families with children. The county average for households married with children is 26.31%.
The median household income in Eveleth, Minnesota is $54,551. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Eveleth is 38.7 years.
The average high temperature in July is 76.7 degrees, with an average low temperature in January of -5.2 degrees. The average rainfall is approximately 27.5 inches per year, with 61.7 inches of snow per year.