1929 5th Avenue E, Hibbing, MN 55746

New Listing
$450,000
Property Type: Commercial Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $450,000 List Date: 5/01/2026 Last Modified: 5/01/2026

Overview

Description

Incredible business opportunity! 72 years of successful profitable business. Turn key operation with owner training transition period. 9,373 s.f 12 lane bowling alley, snack bar and liquor license. Very well maintained and ready to go as a money maker. Seller is retiring.

Listing Details MLS# 7065810

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Waterfront Present
No
Year Built
1918
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
9373
For Sale or Lease
For Sale
Acres
0.21
Lot Dimensions
75x125
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Commercial; Event Space; Food Service; Other; Tavern/Lounge Exterior: Block Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Common Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
450000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1929
Street Name
5th
Street Suffix
Avenue
Street Direction Suffix
E
Postal City
Hibbing
County
St. Louis
State
MN
Zip Code
55746
Complex/Dev/Subdivision
Central Add To Hibbing

Assessments

Tax With Assessments
2276
Assessment Balance
0

Building Information

Building Finished SqFt
10048

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Business, Fixture/Equipment, Inventory, Liquor License

Unit Details

Total Units
Yes

Office/Member Info

Association
ICBR

Location, Tax and Other Information

Legal Description
S 1/2 OF LOT 15 AND ALL OF LOT 16
Listing City
Hibbing
Map Page
999
Municipality
Hibbing
School District
Hibbing
School District Phone
218-263-4850
Zip Plus 4
723
Property ID Number
140007000715
Tax Year
2025
Tax Amount
2276
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Incredible business opportunity! 72 years of successful profitable business. Turn key operation with owner training transition period. 9,373 s.f 12 lane bowling alley, snack bar and liquor license. Very well maintained and ready to go as a money maker. Seller is retiring.
Directions
from 169. West on Howard Street, North on 5th Ave E. On Left.

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes

Foundation

Concrete Block
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 Common
Yes

CMU Style

Business Opportunity
Yes

Current Use

Commercial
Yes
Event Space
Yes
Food Service
Yes
Other
Yes
Tavern/Lounge
Yes
Listing Office: PERRELLA & ASSOCIATES
IDX
Last Updated: May - 01 - 2026
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