Hermantown Liquor Site

SOLD

Hermantown Liquor Building, Mixed Use Commercial Building, and the Hermantown RV Park.

8.23 Acres of land on the rapidly expanding Highway 53 corridor on a stoplight corner. This site could be redeveloped now or would be a great location for an owner-user with some income from the other property.

Hermantown Liquor Building

Built: 2003

  • 3,000 sq ft
  • 6,200 sq ft parking lot asphalt
  • Traffic counts of over 19,000 cars per day

Mixed Use Commercial Building

Built: 1945

  • 8,946 sq ft
  • 3 Commercial tenants
  • 2 Residential Apartments (1-3 BR / 1-2 BR)
  • $5,200 Monthly Income

RV Park and community building (laundry)

  • 30 mostly seasonal sites with full hookups
  • Approximately $28,000 per year income

Four Parcels Included in Sale:

#395-0010-00610 / 3.93 Acres

#395-0010-00620 / 1.63 Acres

#395-0010-00628 / 2 Acres

#395-0010-00623 / .67 Acres

2020 Taxes: Total all 4 parcels - $21,606

5115 Miller Trunk Hwy
Hermantown, MN

Listing ID:

Price

$825,000

Location

Hermantown

Sq. Footage

Lot Size

8.23 acres

Greg Follmer

Greg Follmer

Owner/Broker, Minnesota & Wisconsin

Contact Agent

  • Hidden