Property profile

1329 Highway 61 Two Harbors, MN 55616

FOR SALE
Bar, Tavern
Property ID
US46-2295625
3,825 SF 1.74 ac lot Built 1965
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Property summary

AI-generated overview

This 4,800-square-foot retail/commercial building is located at 1329 MN-61 in Two Harbors, Minnesota, on a high-visibility segment of Highway 61. The property is situated within the Highway Business District, which supports a broad range of commercial uses. It is positioned on a 1.84-acre site with views of Lake Superior and features a flexible interior layout that can accommodate a variety of business types, including retail, hospitality, event and entertainment uses, and service-oriented operations.

Property profile

Verified
Property type Bar, Tavern
Year built 1965
Total area 3,825 SF
Lot 1.74 ac (75,794 SF)
APN 23-7652-00020
UPID US46-2295625

Cap rate & NOI

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

Location

1329 Highway 61 Two Harbors, MN 55616
Two Harbors metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$250,000
2 recorded transactions
2025
Price N/A
2025
$250,000
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