Property profile

0 Lighthouse Pt Rd Two Harbors, MN 55616

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 5.4-acre property, situated on Lighthouse Point in Two Harbors, Minnesota, presents a rare opportunity for mixed-use development. Located on Agate Bay, adjacent to Lake Superior, this outstanding parcel boasts breathtaking waterfront views of the ships entering and leaving the bay. The property directly abuts the historic Two Harbors Lighthouse, offering unparalleled views and a unique connection to the area's rich maritime history. Extensive walking paths traverse the property and the surrounding area, providing ample opportunities for recreation and exploration. Convenience is key, with the DNR boat landing conveniently located just across the street. Enjoy easy access to local amenities, including the Castle Danger Brewery and the historic downtown area of Two Harbors, both within walking distance. Further enhancing its appeal, the property is a short drive from popular attractions such as the Two Harbors Golf Course and the iconic Split Rock Lighthouse. This truly one-of-a-kind property represents an exceptional investment opportunity on Minnesota's scenic North Shore, offering a blend of residential, commercial, and recreational potential. The asking price for this remarkable 5.4-acre parcel is $852,000. This is a rare chance to own a piece of Minnesota's captivating North Shore.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Lighthouse Pt Rd Two Harbors, MN 55616
Two Harbors metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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