Two Harbors, MN Commercial Real Estate for Sale

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Duluth, MN Port Wing, WI Brimson, MN Poplar, WI Herbster, WI Hermantown, MN Beaver Bay, MN South Range, WI
6 properties
Storefront Building with Salon
Updated: Aug 30
Storefront Building with Salon

610 4th St, Two Harbors, MN 55616

$475,000
864 sqft 0.63 AC lot
864‑square‑foot storefront building constructed in 2018
Current salon configuration with full handicap accessibility
0.63‑acre lot with large parking area and room for future expansion
In‑floor heat, double‑insulated construction, and double‑glazed windows
Walking distance to Lake Superior and Burlington Bay Campground
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Burlington Bay Lake Superior Condos
Updated: Nov 21, 2025
Burlington Bay Lake Superior Condos

1412 Burlington Road, Two Harbors, MN 55616

Contact for pricing
1,250 sqft
Spectacular views of Lake Superior on a picturesque private bay.
2, 3, and 5 bedroom condo units available from $59,000.
Enjoy access to on‑property amenities: indoor pool, indoor/outdoor hot tub, fitness area, sauna, and beachfront bonfire.
Fully furnished and professionally designed units.
Both full and fractional ownership opportunities available.
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Vacant Land
Vacant Land

513 7th Ave, Two Harbors, MN 55616

$55,000

Commercial land

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Two Harbors Turn-Key Restaurant Opportunity
Two Harbors Turn-Key Restaurant Opportunity

812 7th Ave, Two Harbors, MN 55616

Contact for pricing
3,718 sqft

Turn-key restaurant with retail building and outdoor seating available forpurchase.

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Turn-Key Restaurant with Patio
Turn-Key Restaurant with Patio

812 7th Ave, Two Harbors, MN 55616

Contact for pricing
3,475 sqft

Turn-key restaurant includes indoor dining and an outdoor seating patio, with an adjacent leased retail building.

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Commercial Land Near Two Harbors
Commercial Land Near Two Harbors

1050 Hwy 61, Two Harbors, MN 55616

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8.00 AC lot

Commercial land parcel near the SW entrance of Two Harbors on Hwy 61, within city limits.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 6 Active listings in Two Harbors, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

Log-Construction Mixed-Use Property
Log-Construction Mixed-Use Property

5722 Homestead Rd, Duluth, MN 55804

$689,900
4,172 sqft 2.45 AC lot

Four-unit commercial building with geothermal in-slab heating, air conditioning, security wiring, and fire sprinklers.

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Remodeled Live-Work Building
Remodeled Live-Work Building

15 W Redwing St, Duluth, MN 55803

$395,000
2,080 sqft

Completely remodeled building with office space and a rented one-bedroom apartment, plus off-street parking.

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Lakeview Restaurant with Living Quarters
Lakeview Restaurant with Living Quarters

86985 Lenawee Rd, Herbster, WI 54844

$699,900

Restaurant property on a corner lot with wrap-around deck, attached living quarters, and a full basement with walk-out finished space.

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Arrowhead Road Commercial Land Available
Arrowhead Road Commercial Land Available

W Arrowhead Rd, Duluth, MN 55811

Contact for pricing
3.00 AC lot

Three-acre site on a developing corridor, ideal for business.

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Off-Market Properties in Two Harbors, MN

Consider similar Off-Market properties in Two Harbors, 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.

623 1st Ave
RETAIL STORES (PERSONAL SERVICES)

623 1st Ave, Two Harbors, MN 55616-1505

Estimated value:
$250,000
4,948 sqft
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418 7th St
OFFICE BUILDING

418 7th St, Two Harbors, MN 55616-1442

Estimated value:
$150,000
684 sqft
View details
1211 7th Ave
RESTAURANT

1211 7th Ave, Two Harbors, MN 55616-1153

Estimated value:
$350,000
2,108 sqft 0.08 AC lot
View details
Two Harbors, MN 55616
COMMERCIAL (GENERAL)

Two Harbors, MN 55616

Estimated value:
$380,000
0.11 AC lot
View details
Two Harbors, MN 55616
VACANT COMMERCIAL LAND

Two Harbors, MN 55616

Estimated value:
$380,000
0.11 AC lot
View details
818 6th Ave
VACANT COMMERCIAL LAND

818 6th Ave, Two Harbors, MN 55616-1441

Estimated value:
$220,000
View details
502 7th Ave
RESTAURANT

502 7th Ave, Two Harbors, MN 55616-1452

Estimated value:
$220,000
260 sqft
View details
122 Waterfront Dr
RETAIL STORES (PERSONAL SERVICES)

122 Waterfront Dr, Two Harbors, MN 55616-1526

Estimated value:
$215,000
5,448 sqft
View details
Two Harbors, MN 55616
VACANT COMMERCIAL LAND

Two Harbors, MN 55616

Estimated value:
$50,000
View details
Two Harbors, MN 55616
VACANT COMMERCIAL LAND

Two Harbors, MN 55616

Estimated value:
$50,000
View details
967 Boomers Rd
INDUSTRIAL - VACANT LAND

967 Boomers Rd, Two Harbors, MN 55616

Estimated value:
$550,000
40.00 AC lot
View details
721 24th Ave
COMMERCIAL (GENERAL)

721 24th Ave, Two Harbors, MN 55616-3500

Estimated value:
$550,000
6.99 AC lot
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Two Harbors, MN 55616
INDUSTRIAL - VACANT LAND

Two Harbors, MN 55616

Estimated value:
$550,000
40.00 AC lot
View details

Two Harbors, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Two Harbors, MN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 9,307 square feet of properties for sale, with an estimated market value of $530,000.

Sale prices for business properties in Two Harbors, MN start at $55,000, averaging $265,000, and reaching up to $475,000 — 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 7,277
Population Growth (5Y) +5.7%
Median Household Income $77,242
College Educated 33.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55616 $265K

Taxes & Financing

Tax Rate (average for all types) 2.07%
Property Tax per SF $29.64 per SF
Tax Rate vs County Average 0.13 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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