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2374 Peat Plant rd
Eveleth, MN 55734
Industrial Property For Sale

Investment Highlights

  • Situated on approximately 11 acres, providing significant outdoor storage or expansion possibilities.
  • Features a 14-foot drive-in door for large equipment access and an insulated interior suitable for year-round use.
  • Rail adjacency for added logistical capabilities and connectivity.
  • 7,488-square-foot industrial building with updated 480V, three-phase power.

Executive Summary

2374 Peat Plant Road presents a unique industrial opportunity in a secluded yet accessible location near Eveleth, Minnesota. Positioned on approximately 11 acres and offered at $495,000, this 7,488-square-foot facility is equipped with updated 480-volt, three-phase power and a 14-foot drive-in door, making it suitable for heavy equipment or manufacturing use. Most of the building is insulated and includes electric heat in the office area, along with a mezzanine-level office space and restroom. Additional highlights include rail adjacency, ample land for storage or expansion, and a holding tank system. With its combination of infrastructure and size, this property offers flexibility for industrial operations or redevelopment potential.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Distribution
  • Flex Light Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 3.07 AC
Rentable Building Area 7,488 SF
No. Stories 1
Year Built 1900
No. Drive In / Grade-Level Doors 1
Zoning FAM - Forest-Agricultural Management

Utilities

  • Heating - Electric

Property Taxes

Property Taxes

Parcel Number
690002000540
Land Assessment
$47,140 CAD
Improvements Assessment
$53,084 CAD
Total Assessment
$100,224 CAD
  • Listing ID: 40601437

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 2374 Peat Plant rd, Eveleth, MN 55734

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