Eveleth - Highway 53 - 10.71 Acre Development Opportunity

701 Hat Trick Ave, Eveleth, MN 55734
$399,000
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Property Description

701 Hat Trick Ave (the" Property") is located in the city of Eveleth and fronts MN State Highway 53. This elevated land gets great exposure to 15,000+ cars a day and is prime for redevelopment. Excited to see the property developed, the City has removed the former building creating a ready to build on site. Flexible in its use, the cooperative city can see developments such as, but not limited to: hospitality, retail, restaurant/fast-food [including drive thru], office/medical office, and more. The property is two separate parcels totaling 10.71 acres. There is potential for more adjacent land being available for a residential development.

Highlights

  • 10.7 Total Acre Development Site - flexible in its use
  • Highway 53 (15,000+ VPD) Frontage with Incredible Visibility
  • City Utilities to Site
  • Site Cleared & Ready To Build On
  • Destination Neighboring Businesses - bringing out of town visitors to the site daily: US Hockey Hall of Fame Museum, Range Recreation Civic Center Curling Arena, Mesabi Range Community College
  • A core city of the Mesabi Iron Range bringing local traffic daily using its services

Map

Location Description

Eveleth, Minnesota is located in the Arrowhead region of northern MN and is part of the Mesabi Iron Range - land rich in iron ore. The city is known to be the "Gateway to the Iron Range" as it is the southern most and first range city when coming from the
south/Duluth along US State Highway 53. The cities of Eveleth and Virginia are considered the commerce center of the Mesabi Range and serve as the shopping, industrial, educational, and medical hub for the surrounding communities.
US Highway 53 runs through the city and is the major thoroughfare running North/South connecting Duluth [the harbor city of Lake Superior] and International Falls [at the US and Canadian boarder]. Eveleth is located approximately 60 miles from Duluth and 200 miles from Minneapolis.

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