5241 Miller Trunk HwyHermantown, MN 55811

For Sale
$1,200,000

Four Acres, Hwy 53 Frontage, High Traffic

Overview

Added:
Feb 3
Days on market:
39
This exceptional 4-acre commercial property presents a unique investment opportunity in the thriving Hermantown, MN market. Strategically located on a corner lot of the heavily trafficked Miller Trunk Highway (Hwy 53), this site boasts unparalleled visibility and accessibility. The high, usable land offers ample space for new construction, expansion, or redevelopment, catering to a wide range of commercial ventures. Existing buildings on the site offer potential for immediate cash flow, providing a solid foundation for your business plans. The property is zoned for general commercial use and benefits from readily available utilities. Its prime location ensures maximum exposure to thousands of vehicles daily, making it ideal for businesses seeking high foot traffic and brand recognition. This is a rare chance to acquire a substantial commercial parcel in a prime location with significant development potential and immediate income possibilities. The property's size and location make it suitable for a variety of commercial uses, from retail and restaurants to office spaces and light industrial businesses. Don't miss this opportunity to establish your business in a high-growth area with exceptional visibility and infrastructure. The existing structures provide a unique advantage, allowing for immediate revenue generation while long-term development plans are implemented.

Property Details for 5241 Miller Trunk Hwy

Property type
Other commercial real estate
Year Built
1970
Lot Size (sq. ft)
174,240 SF

Location Insight

City
Hermantown
County
St. Louis County
State
Minnesota
Latitude
46.8371
Longitude
-92.23296
5241 Miller Trunk Hwy, Hermantown, Minnesota

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5241 Miller Trunk Hwy
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