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    Biwabik Mixed-Use Investment Opportunity
    Updated: Oct 13, 2024
    Biwabik Mixed-Use Investment Opportunity

    400 Main Street S, Biwabik, MN 55708

    Contact for pricing
    3,304 sqft
    Prime location on Main Street in Biwabik, MN, near Giants Ridge, offering high visibility and traffic (4400 cars/day).
    Versatile mixed‑use property with 3 updated apartments (including furnishings) and 2 commercial spaces, providing multiple income streams.
    Extensive recent upgrades including new plumbing, electrical, heat distribution, windows, ventilation, insulation, and solar panels, ensuring energy efficiency and reduced maintenance.
    Turnkey coffee shop space (750 sq. ft.) with new commercial appliances and high street visibility, ready for customization.
    Upgraded 1000 sq. ft. detached commercial space with new roof (2022), solar PV system, radiant floor heating, and Arctic Heat Pump system.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Biwabik, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1530-1532 E 1st St, Duluth, MN 55812

    $699,000
    4,566 sqft 0.10 AC lot

    Separate electrical service for each unit supports straightforward utility management.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1530-1532 E 1st Street, Duluth, MN 55812

    $699,000
    4,566 sqft

    Well-maintained six-unit property with separate electrical service per unit and a newer roof.

    View details
    Apartment Building with Storefront
    Apartment Building with Storefront

    410 Main St W, Ashland, WI 54806

    $450,000
    3,485 sqft 0.08 AC lot

    Mixed-use configuration combines a ground-floor commercial storefront with upper-level residential units.

    View details
    Downtown Mixed-Use Income Property
    Downtown Mixed-Use Income Property

    410 MAIN ST W, Ashland, WI 54806

    Contact for pricing
    3,485 sqft

    Six-unit mixed-use building with main-level storefront and five individually heated 1BR/1BA apartments.

    View details

    Biwabik, MN Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Biwabik, MN on our real estate platform. These investment opportunities span a total of 3,304 square feet of properties for sale.

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    Demographics Overview

    Population 4,098
    Population Growth (5Y) -1.6%
    Median Household Income $57,119
    College Educated 32.3%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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