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400 Main St Biwabik, MN 55708

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For Sale
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Prime MN Investment: Live, Work, Play

Property Features for 400 Main St

General Information

Property type
Individual retail properties

Building Details

Year Built
1920

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Listing Contact
Tammy Schotzko

Listing Agency: Better Homes and Gardens Real Estate First Choice Listing Agent: Tammy Schotzko

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional mixed-use property in Biwabik, Minnesota, presents a unique investment opportunity. Located on Main Street, just miles from Giants Ridge Golf and Ski Resort, this updated building offers a blend of residential and commercial spaces. The property boasts three revenue-generating apartments, each featuring refinished hardwood floors, new kitchens with quartz countertops and stainless steel appliances, elegantly tiled bathrooms, and unique decorative elements. All furnishings are included. Two commercial spaces are also available, including a nearly completed 750 sq ft coffee shop with new commercial appliances (installation pending). Recent extensive upgrades include new plumbing and electrical service, a new heat distribution system, windows, whole-building ventilation, spray foam insulation, solar panels, and drywall. The 6,969.6 sq ft lot also includes a private outdoor hardscape patio. Built in 1920, this versatile building is ideal for short-term or long-term rentals, retail, or office use. A laundry center is also on-site. This sustainable and profitable investment opportunity combines prime location with significant recent improvements, offering a compelling return. The asking price is $950,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Green Bean Coffeehaus Cafe & Coffee Shop Honk the Moose Playground Family Recreation Center Green Gate Gasthaus Hotel & Motel 4th & Main Barber ... Barber Shop

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel Department Store Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Biwabik
County
St. Louis
State
Minnesota
Longitude
-92.3436999
Latitude
47.5327527

FAQs

What type of property is this?
Individual retail property - Prime MN Investment: Live, Work, Play
Where is this individual retail property located?
The property is located at 400 Main St Biwabik, MN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Mixed-use property in Biwabik, MN, on Main Street, near Giants Ridge.; Three updated apartments with refinished hardwood floors, new kitchens & baths, and included furnishings.; Two commercial spaces available, including a nearly completed 750 sq ft coffee shop.
(218) 751-2511 Call to check price and availability
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