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$85,900

  • For Sale
  • Active
  • Commercial
  • 2,400 Sq. Ft.
  • 0.063 Acres
  • Updated 8 days ago
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Convenient commercial building located on main street in Gilbert. Currently being finished off, this building has many updates and would make a great office building/small business location with off street parking. New gas direct vent furnance installed in 2025, updated plumbing, new hot water heater and new electric service. The building also has room for an apartment and the lower level has heat, plug outlets, lights and overhead door access wiht 1000 sq. ft. of usable space. Located near lakes and ATV trails, it offers many potentials to for a great location for a small business.

Full Property Details for 207 S Broadway Ave

General

  • Price: $85,900
  • Taxes: $562 (2024)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6803069
  • Updated: 2/27/2026
  • Added to Site: 148 day(s) ago

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached Garage

Location

  • County: St. Louis
  • Township: Gilbert
  • Subdivision: Gilbert 1st Add To The Townsite
  • Driving Directions: Within the City limits of Gilbert on main street

School Information

  • School District: 1052 - Eveleth-Gilbert
  • High School District: Eveleth-Gilbert

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Foundation Size: 1200
  • Disability Access: None
  • Square Feet: 2,400
  • Finished Down/Base.: 2,400 Sq. Ft.
  • Current Bldg. Use: Commercial
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.063
  • Lot Dimensions: 110 x 25
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $562
  • Tax Year: 2024
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT: 0007 BLOCK:007
  • Inclusions: Building
  • Property ID: 60002001560

Listed by BIC Realty

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— 207 S Broadway Ave —

  • BIC Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Price & Sales History for 207 S Broadway Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/11/2025
Listed
$85,900
206.79%
MLS
10/10/2020
Sold
$28,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 207 S Broadway Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$682
21%
$22,400
-28%
2024
$562
-39%
$31,100
—
2023
$924
3%
$31,100
—
2022
$898
-4%
$31,100
—
2020
$938
6%
$31,100
—
2019
$882
12%
$31,100
11%
2018
$788
-23%
$28,000
—
2016
$1,022
-4%
$28,000
—
2015
$1,060
-26%
$28,000
—
2014
$1,435
32%
$28,000
-3%
2013
$1,084
—
$28,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by BIC Realty

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207 S Broadway Avenue, Gilbert, MN 55741 (MLS# 6803069) is a Commercial property. 207 S Broadway Avenue is currently listed for $85,900 and was received on October 11, 2025. Want to learn more about 207 S Broadway Avenue? Do you have questions about finding other Commercial real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

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