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Financial
Distress signals
Property profile

812 7Th Ave Two Harbors, MN 55616

FOR SALE
Turn key restaurants
Property ID
US46-2093987
2,230 SF Built 1995
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property in Two Harbors is configured for food service and includes a restaurant space of 2,670 square feet with an additional 805 square feet of patio and outdoor seating. Attached to or adjacent to the restaurant is a separate 1,404-square-foot retail building that has been leased. The site includes ample parking and is located along a main thoroughfare. The property comprises two parcels identified as 23-7661-33020 and 23-7661-33010, with a combined total property size of 3,475 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$318k
Assessed land$20k
Assessed improvement$297k
Effective rate2.63%

Value estimate

· Oct 2026
$225k
$203k – $248k
AI approach$225k

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm10.7
Parking Facility10.0
Auto Repair Shop9.1

Location

812 7Th Ave Two Harbors, MN 55616
County assessor Recorded deeds · 2 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1303 7th, Two Harbors, MN 55616-1152 $160,000 Jul 2023 2,604 SF
1081 Hwy 61, Two Harbors, MN 55616-4001 $165,000 Nov 2022 1,440 SF
2777 Hwy 61, Two Harbors, MN 55616-2002 $153,000 Oct 2022 2,880 SF
1315 7th, Two Harbors, MN 55616-1152 $3,000 Nov 2020 2,384 SF
109 Waterfront, Two Harbors, MN 55616-1525 $90,778 Apr 2020 1,869 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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Ask anything about this address in plain English.
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