Biwabik, MN
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    Biwabik, MN Multifamily Properties for Sale

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    Virginia, MN Hoyt Lakes, MN Embarrass, MN
    Updated Mixed-Use Investment Opportunity
    $950,000
    3,304 SF

    Updated Mixed-Use Investment Opportunity

    400 Main S Street, Biwabik, MN 55708

    Updated mixed-use property with apartments and commercial spaces in Biwabik,MN.

    • Prime location on Main Street in Biwabik, MN, near Giants Ridge, offering high visibility and traffic.
    • Updated mixed‑use property with 3 revenue‑generating apartments and 2 commercial spaces.
    • Extensive recent upgrades including new plumbing, electrical, heat distribution, windows, insulation, and solar panels.
    • Turnkey apartments feature refinished hardwood floors, new kitchens with quartz countertops and stainless steel appliances, tiled bathrooms, and included furnishings.
    • Equipped commercial spaces, including a potential coffee shop with new appliances and a detached space with solar PV, radiant floor heating, and modern amenities, ready for build‑out.
    Updated: Mar 12
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    Biwabik Mixed-Use Investment Opportunity
    $950,000
    3,304 SF

    Biwabik Mixed-Use Investment Opportunity

    400 Main Street S, Biwabik, MN 55708

    Updated mixed-use property with apartments and commercial spaces in Biwabik, MN.

    • 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.
    Updated: Oct 13, 2024
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Biwabik, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Ely Mixed-Use Income Property
    $275,000
    3,768 SF

    Ely Mixed-Use Income Property

    Commercial building with income-generating apartments in high-traffic location.

    120 E Sheridan Street, Ely, MN 55731
    View details
    Hibbing Duplex with Long-Term Tenants
    $95,000
    1,968 SF

    Hibbing Duplex with Long-Term Tenants

    Well-maintained, fully leased duplex in Hibbing, Minnesota.

    130 E 16th Street, Hibbing, MN 55746
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    Hibbing Duplex with Long-Term Tenants
    $95,000
    1,346 SF

    Hibbing Duplex with Long-Term Tenants

    Fully rented duplex in Hibbing with off-street parking.

    124 E 17th St, Hibbing, MN 55746
    View details
    Mixed-Use Building in Downtown Ely
    $390,000
    8,078 SF

    Mixed-Use Building in Downtown Ely

    Two-story building with restaurant and four apartments in Ely.

    216 E Sheridan St, Ely, MN
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Freeway
    $799,000
    9.20 Acres

    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037
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    Pine River Twp Waterfront Land
    $499,900
    30.20 Acres

    Pine River Twp Waterfront Land

    30.2 acres with 720 feet of shoreline.

    Backus, MN 56435
    View details
    Residential Land Near Henes Park
    Contact for pricing
    0.21 Acres

    Residential Land Near Henes Park

    Vacant city lot ready for building near Henes Park.

    605 46th, Menominee, MI 49858
    View details
    Minnesota Lakeshore Acreage with Development Potential
    $124,900
    9.30 Acres

    Minnesota Lakeshore Acreage with Development Potential

    9.3 acres with 244 feet of lakeshore near Worthington.

    Fulda, MN 56131
    View details

    Biwabik, MN Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Biwabik, MN on our real estate platform. These investment opportunities span a total of 6,608 square feet of properties for sale, with an estimated market value of $1,900,000.

    Sale prices for multifamily 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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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Biwabik.

    Top Commercial Asset Segments

    Apartment buildings 2

    Demographics Overview

    Population 4,098
    Population Growth (5Y) -1.6%
    Median Household Income $57,119
    College Educated 32.3%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    55708 $950K

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