Business/Commercial Property in Two Harbors’ Downtown Waterfront District This Two Harbors' Downtown Waterfront District property features approximately 3,000 sq/ft of street-level commercial space, with views of Lake Superior's North Shore. It is suitable for tenant build-out or owner customization. The second floor is home to six units of short-term rental each with updated finishes. Each unit has been renovated with modern updates while maintaining original features. Features include original Douglas fir trim, restored oak flooring, and vintage industrial skylights in each of the six bathrooms that bring natural light into each unit. Significant building upgrades include: - Insulated EPDM rubber roof - Natural gas boiler - New windows and commercial-grade entry doors - New back patio and exterior staircase - Upgraded plumbing, including zoned water supply lines, new drains, and a centralized manifold
Pending
$799,000
601 1st Ave, Two Harbors, MN 55616
5beds
7baths
6,000sqft
Est.:
Condominium
Built in 1897
-- sqft lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
Insulated epdm rubber roofVintage industrial skylights
- 50 days |
- 46 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 12, 2025 at 05:00pm
Listed by:
Jennifer V Julsrud 218-464-8527,
Heirloom Realty, LLC
Source: Lake Superior Area Realtors,MLS#: 6122580
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 7
Heating
- Boiler, Natural Gas
Features
- Basement: Partial
Interior area
- Total interior livable area: 6,000 sqft
- Finished area above ground: 6,000
- Finished area below ground: 0
Property
Parking
- Parking features: None
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 50 x 70
Details
- Foundation area: 3400
- Parcel number: 23766005160, 23766005161
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood, Frame/Wood
- Foundation: Concrete Perimeter
Condition
- Year built: 1897
Utilities & green energy
- Electric: City of Two Harbors
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Two Harbors
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $341,000
- Annual tax amount: $7,142
- Date on market: 10/22/2025
- Cumulative days on market: 49 days
- Tenant pays: None
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2025 | Pending sale | $799,000$133/sqft |
Source: | ||
| 10/22/2025 | Listed for sale | $799,000+422.2%$133/sqft |
Source: | ||
| 6/30/2005 | Sold | $153,000$26/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,142 +3.1% | $341,000 +8.3% |
| 2024 | $6,930 -8.5% | $314,800 +3.8% |
| 2023 | $7,574 +6.9% | $303,300 +29.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,668/mo
Principal & interest
$3889
Property taxes
$499
Home insurance
$280
Climate risks
Neighborhood: 55616
Nearby schools
GreatSchools rating
- 6/10Minnehaha Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Two Harbors SecondaryGrades: 6-12Distance: 2.1 mi
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