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426 1st Ave, Two Harbors, MN 55616

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For Sale

$650,000

27 beds • 10,694 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $60.78
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Premier Lake Superior View Location!! Now is your opportunity to own a historic commercial building in the heart of downtown Two Harbors! This 27 room, 6 bath property has over 13,000 sq ft and sits on 3 city lots just steps from Lake Superior! With sweeping views from all 3 floors, one can watch the Great Ladies pull in/out of the ore docks...a sight to behold for sure! Or catch the North Shore Scenic Rail Train right out the back steps! Its just a short walk down to the local Castle Danger Brewery, Lighthouse Point and the Break-wall! The walk-out basement is equipped with a full commercial kitchen and dining space. Above grade you will find over 9300 sq ft of common area, 27 individual and shared rooms, office space and room to expand on the 3rd floor in an unfinished apartment area that is already plumbed for a bath. There are 2 industrial grade fire escapes that reach all the way up to the 3rd floor and a fully sprinkler system that is inspected yearly. The many updates include a newer roof (2 yrs), 3 furnaces (12 yrs) 4 water heaters (6 yrs) , many newer windows and a fresh coat of exterior paint. The 140x50 private corner yard space is a special added bonus along with plenty of off street parking and some small storage buildings. Continue operating as a boarding house or reimagine the business (or businesses) of your dreams! This property has endless possibilities and you cant beat the location!
MLS# 6111097

Courtesy Of Real Living Messina & Associates Inc.

(218) 728-4436

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement, Ceiling Fan, Attic
  • Architecture Style
    Other
  • Exterior Type
    Composition
  • Floor Covering
    Hardwood, Wood
  • Heating System
    Hot Water
  • Lot Size
    0.48 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Bedroom
  • View Type
    Lake

Map and Directions

Directions to 426 1st Ave, Two Harbors, MN 55616

Home seller CENTURY 21 Atwood

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Atwood

(218) 722-8221
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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