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Retail/Commercial Property on Highway
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1329 Highway 61, Two Harbors, MN 55616

High-visibility retail space on Highway 61 with strong daily traffic and Lake Superior views in Two Harbors’ Highway Business District.

Property Size4,800 SF
Price / SF$109.35
Days on Market63

Property Features for 1329 Highway 61

General Information

Standard status Active
Size 4,800 SF
Property subtype Retail, Hospitality, Mixed Use
Zoning Highway Business District
Investment Type Owner/User

Building Details

Stories 1
Listing Agency: Remax Real Estate
Listed By: Jordan DeCaro · License #WI 79981-94
Source: Crexi
Added: Jun 10 Changed: Aug 8 Last Checked: Aug 11 at 7:20AM

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 Remax Real Estate

Investment Insights

Based on property information with market context.

This 4,800 SF retail/commercial property is positioned for businesses that need visibility and flexibility. The layout is described as suitable for a variety of retail, hospitality, event, entertainment, or service-oriented uses, supporting both owner-operator and investor scenarios. In addition to its functional interior space, the property offers views of Lake Superior.

Located at 1329 MN-61 in Two Harbors, Minnesota, the site is set along one of the North Shore’s most recognizable commercial corridors. The property is marketed for its exposure along Highway 61 with 8,096 vehicles per day passing by, and it benefits from a Highway Business District location that supports a broad range of commercial possibilities.

For an owner-user, the combination of highway-facing presence and an adaptable interior plan can help accommodate different operating concepts. For investors or redevelopment-minded buyers, the asset’s mix of visibility, permitted use flexibility tied to its Highway Business District designation, and distinctive Lake Superior views provide a practical foundation for re-positioning a retail/commercial property for the North Shore market.

Key Highlights

  • 4,800 SF retail/commercial property at 1329 MN‑61 in Two Harbors, MN
  • Located on a recognizable Highway 61 corridor with 8,096 vehicles per day passing by
  • Flexible layout suitable for a variety of retail, hospitality, event, entertainment, or service uses

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Law Firm Real Estate Agency Restaurant Dental Office Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

382
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Apparel 25%
Holiday Station Store Shops & Services
8,048 visits/mo 0.2 miles
Goodwill Apparel
2,752 visits/mo 0.5 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - High-visibility retail space on Highway 61 with strong daily traffic and Lake Superior views in Two Harbors’ Highway Business District.
Where is this retail space located?
The property is located at 1329 Highway 61 Two Harbors, MN.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: 4,800 SF retail/commercial property at 1329 MN‑61 in Two Harbors, MN; Located on a recognizable Highway 61 corridor with 8,096 vehicles per day passing by; Flexible layout suitable for a variety of retail, hospitality, event, entertainment, or service uses
More about this property
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