Mixed-Use Building with Retail
For Sale
$249,000
109 Waterfront Drive, Two Harbors, MN 55616
Single-level apartment space sits behind an operating gift shop in downtown Two Harbors.
Property Size3,000 SF
Price / SF$83
Days on Market273
Property Features for 109 Waterfront Drive
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Commercial Sale / Mixed Use
Taxes and HOA fees
Annual Taxes
$1,808
Amenities
Forced Air, Natural Gas
Partial
8-10 Feet
Wood
Flat, Rubber
1
Stone
Partially Wheelchair
Aluminum
Building Details
Buildings
1
Listing Agency:
Odyssey Real Estate Group
(952) 715-7707
Listed By:
Jon Chapek · License #MN 40788874
(952) 715-7707
Source:
Compass
Added: Dec 2, 2025
Changed: Aug 29
Last Checked: Aug 29 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Odyssey Real Estate Group
Investment Insights
Based on property information with market context.
This 3,000-square-foot mixed-use building combines a retail storefront with an attached single-level apartment. The commercial area is currently used as a small gift shop, while the residential portion includes a living area, kitchen, and bedroom spaces. Large windows bring natural light into the interior, and the building includes forced-air heating fueled by natural gas.
Located at 109 Waterfront Drive in downtown Two Harbors, the property is near local shops, restaurants, and the scenic waterfront. The configuration brings business and residential space together within one building, creating a practical live-work arrangement for an owner-occupant.
Located at 109 Waterfront Drive in downtown Two Harbors, the property is near local shops, restaurants, and the scenic waterfront. The configuration brings business and residential space together within one building, creating a practical live-work arrangement for an owner-occupant.
Key Highlights
- 3,000‑square‑foot mixed‑use building with retail and residential space
- Retail area currently operates as a small gift shop
- Attached single‑level apartment with living area, kitchen, and bedroom spaces
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
Explore this area
Business Placement
Demographics for 55616, MN
7,024
Population
4,103
Households
1.7
Avg Household Size
47
Median Age
24%
College-Educated
92%
High-School Grad
479.7 sq mi
ZIP Area
15
Density / Sq Mi
$77,242
Median Household Income
$46,979
Median Earnings
$1,045
Median Rent
$237,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Single-level apartment space sits behind an operating gift shop in downtown Two Harbors.
Where is this mixed-use property located?
The property is located at 109 Waterfront Drive Two Harbors, MN.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 3,000‑square‑foot mixed‑use building with retail and residential space; Retail area currently operates as a small gift shop; Attached single‑level apartment with living area, kitchen, and bedroom spaces
