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    Aurora, MN Gilbert, MN Virginia, MN Embarrass, MN Eveleth, MN Hoyt Lakes, MN Mountain Iron, MN Tower, MN
    Biwabik Mixed-Use Investment Opportunity
    Updated: Oct 13, 2024
    Biwabik Mixed-Use Investment Opportunity

    400 Main Street S, Biwabik, MN 55708

    Contact for pricing
    3,304 sqft
    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.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Fully Rented Triplex
    Fully Rented Triplex

    116 2nd St. S, Virginia, MN 55792

    $64,500
    2,109 sqft

    Three-unit property with newer HVAC, plumbing, and electrical meters, zoned R.

    View details
    Fully Rented Duplex
    Fully Rented Duplex

    118 2nd St. S, Virginia, MN 55792

    $56,900
    742 sqft

    Wood-frame duplex with natural-gas heat, recent HVAC and plumbing improvements, and an established two-unit layout.

    View details
    RV Resort Cooperative Lot with Boat Slip
    RV Resort Cooperative Lot with Boat Slip

    TBD 24 Lake Ave S, Tower, MN 55790

    $49,900
    0.05 AC lot

    Cooperative RV lot with lake access, a boat slip, and on-site water, sewer, and 50-amp service.

    View details
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    601 Main St, Tower, MN 55790

    $339,900

    Two commercial suites and three upper-level apartments occupy a flexible building with storage, basement, garage, and shop space.

    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.

    Waterfront Land with Private Shoreline
    Waterfront Land with Private Shoreline

    Bass Lake Rd, Gilbert, MN 55741

    $209,900
    1.48 AC lot

    Heavily wooded Bass Lake lot with electricity at the street and paved-road access for a custom build.

    View details
    Lakefront Residential Development Land
    Lakefront Residential Development Land

    Bass Lake Road, Gilbert, MN 55741

    $224,900
    1.48 AC lot

    Heavily wooded 1.48-acre parcel on Bass Lake with about 200 ft private shoreline and paved-road access.

    View details
    Heavily Wooded 10-Acre Lot
    Heavily Wooded 10-Acre Lot

    N Moon Lake Drive, Eveleth, MN 55734

    $70,000
    10.00 AC lot

    10-acre lot on Moon Lake with southern exposure.

    View details
    Aurora, MN Hunting Land
    Aurora, MN Hunting Land

    Deer Forest Rd, Aurora, MN 55705

    $108,000
    40.00 AC lot

    40 acres of wooded hunting land near state land.

    View details

    Biwabik, MN Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Biwabik, MN on our real estate platform. These investment opportunities span a total of 3,304 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Multifamily properties 2

    Demographics Overview

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

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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