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Biwabik, MN

Biwabik, MN Commercial Real Estate for Sale

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Aurora, MN Gilbert, MN Virginia, MN

Biwabik Mixed-Use Investment Opportunity

Updated: Oct 13, 2024

Biwabik Mixed-Use Investment Opportunity

400 Main Street S, Biwabik, MN 55708

$950,000

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.

This listing looks promising.

Here's a quick look at some key insights for

400 Main Street S, Biwabik, MN 55708

View Property Analytics

Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$75K
Annual
Price @ 7% Cap

$1.07M
Above asking
Property Type

Apartments (Generic)
Built 1990

View Property Analytics

Live-Work Property with Art Gallery

Updated: Jun 19

Live-Work Property with Art Gallery

601 Main St, Biwabik, MN 55708

$350,000

Live‑work property on Biwabik’s Main Street with an established art gallery
Purchase includes the business associated with the art gallery for a ready‑to‑operate setup
Main living area features 2 bedrooms with updated finishes
Center garage connects spaces throughout the building
Rear suite, formerly a hair salon, is fully appointed as a studio rental or mother‑in‑law suite

Based on your search, we've compiled 67 Potential Opportunities for your consideration. Besides 2 Active listings in Biwabik, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Self-Service Car Wash with Automatic

Self-Service Car Wash with Automatic

101 Main St S, Aurora, MN 55705

$149,900

Operate self-serve bays for cars and trucks alongside an automatic wash, with power and updated bay heaters.

Aurora Commercial Building with Opportunities

Aurora Commercial Building with Opportunities

22 W 3rd Ave N, Aurora, MN 55705

$129,900

Spacious commercial building in Aurora, MN with endless opportunities.

Old Farmstead Acreage Off Highway

Old Farmstead Acreage Off Highway

Hwy 169, Virginia, MN 55792

$79,500

17.70 AC lot

Secluded 17.7-acre farmstead site with remaining structures suited for a future home, garden, and fields.

Old Farmstead Acreage for Sale

Old Farmstead Acreage for Sale

Highway 169, Virginia, MN 55792

$79,500

17.70 AC lot

Secluded 17.7-acre old farmstead site set back off Highway 169, with structures remaining for layout ideas.

Off-Market Properties in Biwabik, MN

Consider similar Off-Market properties in Biwabik, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Biwabik, MN 55708

COMMERCIAL (GENERAL)

Biwabik, MN 55708

Value Estimation by Request

911 sqft

Biwabik, MN 55708

MANUFACTURING (LIGHT)

Biwabik, MN 55708

Value Estimation by Request

4,000 sqft · 0.37 AC lot

Biwabik, MN 55708

COMMERCIAL (GENERAL)

Biwabik, MN 55708

Value Estimation by Request

COMMERCIAL (GENERAL)

126 Main St, Biwabik, MN 55708-5002

Value Estimation by Request

1,944 sqft

COMMERCIAL (GENERAL)

107 Main St, Biwabik, MN 55708

Value Estimation by Request

2,016 sqft

Biwabik, MN 55708

MANUFACTURING (LIGHT)

Biwabik, MN 55708

Value Estimation by Request

3,500 sqft · 0.18 AC lot

COMMERCIAL (GENERAL)

404 Main S St, Biwabik, MN 55708-3071

Value Estimation by Request

3,788 sqft

Biwabik, MN 55708

MANUFACTURING (LIGHT)

Biwabik, MN 55708

Value Estimation by Request

4,906 sqft

COMMERCIAL (GENERAL)

508 Main S St, Biwabik, MN 55708-3069

Value Estimation by Request

1,976 sqft · 1.08 AC lot

COMMERCIAL (GENERAL)

108 3rd N Ave, Biwabik, MN 55708-3032

Value Estimation by Request

572 sqft

COMMERCIAL (GENERAL)

105 Main St, Biwabik, MN 55708

Value Estimation by Request

2,860 sqft

COMMERCIAL (GENERAL)

113 Main St, Biwabik, MN 55708

Value Estimation by Request

1,152 sqft

MANUFACTURING (LIGHT)

101 8th N Ave, Biwabik, MN 55708-3018

Value Estimation by Request

3,000 sqft

100 Mesabi Location

COMMERCIAL (GENERAL)

100 Mesabi Location, Biwabik, MN 55708-3010

Value Estimation by Request

1,824 sqft · 0.63 AC lot

5713 Pike Riv Dr

MANUFACTURING (LIGHT)

5713 Pike Riv Dr, Biwabik, MN 55708-3122

Value Estimation by Request

7,920 sqft · 38.12 AC lot

Biwabik, MN 55708

INDUSTRIAL - VACANT LAND

Biwabik, MN 55708

Value Estimation by Request

20.00 AC lot

Biwabik, MN 55708

INDUSTRIAL - VACANT LAND

Biwabik, MN 55708

Value Estimation by Request

9.62 AC lot

5750 Pike Riv Dr

INDUSTRIAL - VACANT LAND

5750 Pike Riv Dr, Biwabik, MN 55708-3122

Value Estimation by Request

37.18 AC lot

Biwabik, MN 55708

INDUSTRIAL - VACANT LAND

Biwabik, MN 55708

Value Estimation by Request

40.00 AC lot

Biwabik, MN 55708

INDUSTRIAL - VACANT LAND

Biwabik, MN 55708

Value Estimation by Request

40.00 AC lot

Biwabik, MN 55708

INDUSTRIAL - VACANT LAND

Biwabik, MN 55708

Value Estimation by Request

30.00 AC lot

5750 Pike Riv Dr

INDUSTRIAL - VACANT LAND

5750 Pike Riv Dr, Biwabik, MN 55708-3122

Value Estimation by Request

61.42 AC lot

Biwabik, MN Commercial Real Estate Market Trends and Statistics

Explore 63 commercial real estate 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, with an estimated market value of $950,000.

Sale prices for business properties in Biwabik, MN start at $950,000, averaging $950,000, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 4,098

Population Growth (5Y) -1.6%

Median Household Income $57,119

College Educated 32.3%

High-Yield Neighborhoods for Investment

Identify Biwabik submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
55708	$650K

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

Retail

Office

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