Gilbert, MN 55741
$77,500
Property Type:
Commercial
Square Footage:
2,400
Lot Size (sq. ft.):
2,614
Status:
Closed
Current Price:
$77,500
List Date:
10/11/2025
Last Modified:
7/16/2026
Overview
Description
Listing Details MLS# 6803069
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 2
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1950
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 1200
- Garage Stalls
- Yes
- For Sale or Lease
- For Sale
- Acres
- 0.06
- Lot Dimensions
- 110x25
- Assessment Pending
- No
Property Features
Accessible:
None
CMU Style:
Freestanding; Office
Construction Materials:
Frame
Construction Status:
Previously Owned
Current Use:
Commercial
Exterior:
Wood
Financing Terms:
Conventional
Foundation:
Stone
Fuel:
Natural Gas
Heating:
Forced Air
Loan Terms:
Cash; Conventional
Location Description:
Downtown; Free Standing
On Site Utilities:
Electric Separate
Sewer:
City Sewer/Connected
Stories:
One
Water:
City Water/Connected
Contract Information
- Off Market Date
- 2026-07-14
- Closed Date
- 2026-07-15
- Sales Close Price
- 77500
- Contingency
- None
- ListPrice
- 79500
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Gilbert
- County
- St. Louis
- State
- MN
- Zip Code
- 55741
- Complex/Dev/Subdivision
- Gilbert 1st Add To The Townsite
Assessments
- Tax With Assessments
- 562
- Assessment Balance
- 0
Basement
- Foundation Dimensions
- 24x50
More Information
Building Information
- Building Finished SqFt
- 1200
- Building SqFt
- 2400
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Sale Options
- Sale Includes
- Building
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- LOT: 0007 BLOCK:007
- Listing City
- Gilbert
- Map Page
- 999
- Municipality
- Gilbert
- School District
- Eveleth-Gilbert
- School District Phone
- 218-744-7701
- Zip Plus 4
- 564
- Property ID Number
- 060002001560
- Tax Year
- 2024
- Tax Amount
- 562
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Excellent investment potential. Convenient commercial building located on main street in Gilbert has many updates and would make a great office building/small business location with off street parking. New gas direct vent furnace installed in 2025, updated plumbing, new hot water heater and new electric service. The building also has room for an apartment and the lower level has heat, plug outlets, lights and overhead door access with 1000 sq. ft. of usable space. Located near lakes and ATV trails, it offers many potentials for a great location for a small business. Own a business? Save on rent. Would also make a great commercial rental property.
- Directions
- Within the City limits of Gilbert on main street
Accessible
- None
- Yes
Construction Materials
- Frame
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Wood
- Yes
Financing Terms
- Conventional
- Yes
Foundation
- Stone
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- One
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Separate
- Yes
CMU Style
- Freestanding
- Yes
- Office
- Yes
Current Use
- Commercial
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
Location Description
- Downtown
- Yes
- Free Standing
- Yes
Listing Office:
BIC Realty
Last Updated: July - 16 - 2026
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