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$375,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 7,050 Sq. Ft.
  • 0.284 Acres
  • Updated 5 days ago
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Here's a 7,050 sq ft commercial building in Mtn Iron with nothing more for you to do but collect the rent check. Renter is already in place for 3 years and paying for all expenses, including rent, utilities, insurance and taxes! Building features a new flat roof 60 mill, summer 2025, and a steel roof on the garage too. Renters is open to adding an additional year to the lease, if wanted. 4 individual offices, 5 workspaces with cubicles along with a conference room and two bathrooms on the upper level. At the street level are 3 more private offices and workspace for 4 more cubicles. Copier room, storage room and another bathroom, storage lockers and storage spaces for equipment. Rounding out the property is a 5 stall garage at 2400 sq ft of space that is also leased out to the same company.

Full Property Details for 8878 Main St

General

  • Price: $375,000
  • Taxes: $1,486 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7128575
  • Updated: 8/17/2026
  • Added to Site: 5 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1

Parking

  • Garage: Yes
  • Garage Spaces: 5
  • Parking Features: Parking Lot

Location

  • County: St. Louis
  • Township: Mountain Iron
  • Subdivision: Grant Town Of
  • Driving Directions: 169 West to Mineral Ave S (North) to Main Street- left. Property on the left.

School Information

  • School District: 712 - Mountain Iron-Buhl
  • High School District: Mountain Iron-Buhl

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Propane

Utilities

  • Sewer: City Sewer in Street
  • Water: City Water (Connected)
  • Utility Description: Heating Common

Structural Information

  • Basement: Yes
  • Basement Desc.: Full
  • Foundation Size: 3525
  • Roof: Rolled/Hot Mop, Flat
  • Disability Access: None
  • Square Feet: 7,050
  • Finished Down/Base.: 7,050 Sq. Ft.
  • Current Bldg. Use: Office
  • Year Built: 1915

Lot Features

  • Lot Size (Acres): 0.284
  • Lot Dimensions: 223.00 x 55.00
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $1,486
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: W 55 FT OF LOTS 1 THRU 9
  • Inclusions: Building
  • Property ID: 175001002105

Listed by Z'Up North Realty, Inc.

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Listing agent

— 8878 Main St —

  • Z'Up North Realty, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 8878 Main St

School District:Mountain Iron-Buhl School District
NameGradesDistance
Merritt Elementary School
8659 Unity Drive, Mountain Iron, MN 55768
PK-61.7 mi
Mountain Iron-Buhl Secondary
8659 Unity Drive, Mountain Iron, MN 55768
7-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8878 Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/17/2026
Listed
$375,000
87.5%
MLS
12/29/2022
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8878 Main St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,486
—
$77,200
1%
2025
$1,480
2%
$76,400
—
2024
$1,444
-5%
$76,400
—
2023
$1,514
-10%
$76,400
—
2022
$1,676
-14%
$76,400
-15%
2020
$1,950
-2%
$89,400
—
2019
$1,988
6%
$89,400
—
2018
$1,874
-25%
$89,400
—
2017
$2,484
2%
$89,400
—
2016
$2,428
11%
$89,400
19%
2015
$2,188
—
$75,100
—
2014
$2,186
-8%
$75,100
—
2013
$2,364
—
$75,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Z'Up North Realty, Inc.

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8878 Main Street, Mountain Iron, MN 55768 (MLS# 7128575) is a Commercial property. 8878 Main Street is currently listed for $375,000 and was received on August 17, 2026. Want to learn more about 8878 Main Street? Do you have questions about finding other Commercial real estate for sale in Mountain Iron? You can browse all Mountain Iron real estate or contact a Coldwell Banker agent to request more information.

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