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Financial
Distress signals
Property profile

1329 Hwy 61 Two Harbors, MN 55616

OFF-MARKET
Bars & Pubs
Property ID
US46-2295625
3,825 SF 1.74 ac lot Built 1965
Last sale Jun 2025 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$207k
Assessed land$136k
Assessed improvement$70k
Effective rate2.21%

Value estimate

· Oct 2026
$250k
$225k – $275k
AI approach$250k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop13.6
Law Firm13.1
Realty agency12.9

Location

1329 Hwy 61 Two Harbors, MN 55616-1492
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
623 1st, Two Harbors, MN 55616-1505 $295,200 Feb 2026 4,948 SF
616 2nd, Two Harbors, MN 55616-1512 $69,500 Jul 2024 4,856 SF
1303 7th, Two Harbors, MN 55616-1152 $160,000 Jul 2023 2,604 SF
2777 Hwy 61, Two Harbors, MN 55616-2002 $153,000 Oct 2022 2,880 SF
702 7th, Two Harbors, MN 55616-1456 $350,000 Aug 2022 5,676 SF
721 7th, Two Harbors, MN 55616-1303 $130,000 Mar 2020 3,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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