426 1st Ave
Two Harbors, MN 55616
- 27 beds
- 6 baths
- 10,694 sqft
- ~1/2 acre lot
- $59 per sqft
- 1896 build
- – on site
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Premier Lake Superior View Location!! Now is your opportunity to own a historic commercial building in the heart of downtown Two Harbors! This 27 room, 6 bath property has over 13,000 sq ft and sits on 3 city lots just steps from Lake Superior! With sweeping views from all 3 floors, one can watch the Great Ladies pull in/out of the ore docks...a sight to behold for sure! Or catch the North Shore Scenic Rail Train right out the back steps! Its just a short walk down to the local Castle Danger Brewery, Lighthouse Point and the Break-wall! The walk-out basement is equipped with a full commercial kitchen and dining space. Above grade you will find over 9300 sq ft of common area, 27 individual and shared rooms, office space and room to expand on the 3rd floor in an unfinished apartment area that is already plumbed for a bath. There are 2 industrial grade fire escapes that reach all the way up to the 3rd floor and a fully sprinkler system that is inspected yearly. The many updates include a newer roof (2 yrs), 3 furnaces (12 yrs) 4 water heaters (6 yrs) , many newer windows and a fresh coat of exterior paint. The 140x50 private corner yard space is a special added bonus along with plenty of off street parking and some small storage buildings. Continue operating as a boarding house or reimagine the business (or businesses) of your dreams! This property has endless possibilities and you cant beat the location!
Last checked:
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Last updated Feb 3, 2025
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MLS# 6111097 —
The Building
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Construction Status:Previously Owned
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Construction Type:Frame/Wood
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Roof:Asphalt Shingles
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Stories:3
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Exterior:Composition
Interior
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Laundry:Basement, Shared
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Basement Style:Full
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Basement Features:Egress Windows, Partially Finished, Walkout, Shared Access, Storage, Bath, Kitchen, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
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Basement Material:Stone
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# of Overhead Doors:6
Financial & Terms
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Potential Short Sale:no
Location
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Latitude:47.019512
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Longitude:-91.668612
The Property
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Property Style:Other
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Subtype:11+ Units
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Lot Description:Corner Lot
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View:Lake Superior
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0.48Acres:
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Road Frontage:City
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Classification:Commercial
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Zoning (WI):Business/Commercial
Listing Agent
- Contact info:
- Agent phone:
- (218) 393-9864
Beds
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Total Bedrooms:27
The Listing
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Terms:Cash, Conventional, Other
Heating & Cooling
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Heat:Boiler, Hot Water
Utilities
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Sewer:City
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Water:City
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Mechanicals:Water Heater - Gas, Sump Pump, Fire Sprinkler System
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Internet Options:Fiber Optic
Schools
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School District:Lake Superior #381
The Community
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Amenities:Ceiling Fans, Hardwood Floors, Natural Woodwork, Walk-up Attic, Washer/Dryer Hookups, Drywalls
Parking
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Garage Type:None
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Parking/Driveway:Driveway - Asphalt, Off Street
Extra Units
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# of Units:1
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Unit 1 SqFt:13,408 Sqft
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/20/24
Sep 20, 2024
|
Sold | DAAR | $635,000 | -2.3% |
5/28/24
May 28, 2024
|
Pending | DAAR | $650,000 | |
10/17/23
Oct 17, 2023
|
Listed / Active | DAAR | $650,000 |