Super prime Highway 53 corner with 1,300 feet of frontage. Qualifies for 25 year TIF district. Superfund site now approved for development after all remediation completed. Owner may consider dividing. 19,100 daily traffic count
- Zoned C-1
- Airport Zones A & C
- Superfund Site—filled and all remediation work completed
- Excellent Traffic Counts
- No Wetlands
MPCA—Former Gopher Oil Superfund site, all remediation work complete. One monitoring well remains and land is preferred to be developed in front area with parking surface capping back acreage
Soil Condition—Superfund site filled and is static meeting parking requirements. Pilings are advised for building. No soil can be removed from site.
TIF—Qualifies for 25 year TIF district applying as much as legally allowable to this stie. TIF is supported by Hermantown.
TIF Benefits—up to $3,000,0000
2018 Real Estate Taxes: $19,034.00
- Broker First Name: Greg
- Broker Last Name: Follmer
- Broker Company: Follmer Commercial Real Estate
- Broker Address 1: 230 East Superior Street
- Broker City: Duluth
- Broker State: MN
- Broker Zip Code: 55802
- Broker Telephone: 218-310-0013
- Broker Email Address: gregfollmer@gmail.com
- Broker Website URL: http://www.gregfollmer.com
- ED First Name: John
- ED Last Name: Mulder
- ED Company: City of Hermantown
- ED City: Hermantown
- ED State: MN
- ED Zip Code: 55811
- ED Telephone: 218-729-3601
- ED Email Address: jmulder@hermantownmn.com
- ED Website URL: www.hermantownmn.com
- Status: Unavailable
- Available Acres: 45.86
- Available Sq Ft: 45.86
- Building Land Type: Commercial
- Is For Sale: Yes
- Sale Price: $3,300,000
- Is For Lease: No
- Rental Rate Annual:
- Interstate Name 1: I-35
- Interstate Distance 1: 9.80
- Highway Name 1: US Hwy 53
- Highway Name 2: US Hwy 2
- Highway Distance 2: 7
- Port Name 1: Duluth Seaway Port Authority
- Port Distance 1: 10.60
- Airport Name 1: Duluth International Airport
- Airport Distance 1: 4.50
- Electric Provider: Minnesota Power
- Gas Provider: Comfort Systems
- Sewer Provider: Comfort Systems
- Water Provider: Comfort Systems
- City Limits: Yes
- Has Rail Access: No
- Is TIF: Yes
- Is Wetland: No
- Address1: NW of LaVaque Bypass Rd and Miller Trunk Hwy
- Address City: Hermantown
- Address County: St. Louis
- Address State: MN
- Zip Code: 55811
- Site Size (Acres): 45.86
- Latitude (Geo-coded): 46.84
- Longitude (Geo-coded): -92.24