207 S Broadway Avenue, Gilbert, MN 55741 - Photo 1

1/1

$77,500

Sold
Closed
Commercial
2,400 Sq. Ft.
0.063 Acres
Updated 1 day ago

1/1

Property Description

Excellent investment potential. Â Convenient commercial building located on main street in Gilbert has many updates and would make a great office building/small business location with off street parking. New gas direct vent furnace 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 with 1000 sq. ft. of usable space. Located near lakes and ATV trails, it offers many potentials for a great location for a small business. Â Own a business? Â Save on rent. Â Would also make a great commercial rental property.

Full Property Details

Full Property Details for 207 S Broadway Ave

General

Sold For: $77,500
Taxes: $562 (2024)
Status: Closed
Type: Commercial
Source: NorthStarMLS_RMLS
MLS ID: 6803069
Added to Site: 321 day(s) ago

Parking

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

School Information

School District: 2154 - 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

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 and Sold by BIC Realty

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— 207 S Broadway Ave —

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Price & Sales History for 207 S Broadway Ave

Date

Details

Price

Change

Source

7/15/2026

Sold

$77,500

-2.52%

MLS

5/06/2026

Price Reduced

$79,500

-4.79%

MLS

3/30/2026

Price Reduced

$83,500

-2.79%

MLS

10/11/2025

Listed

$85,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Price Reduced

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Active
Updated 3 days ago

3
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Price Reduced

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$193,500

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Commercial
Active
Updated 1 day ago

3,000
Sq. Ft.
8.17
Acres

Listed by Janisch Realty, Inc

207 S Broadway St, Gilbert, MN 55741 - Photo 1

Sold

$77,500

207 S Broadway St Gilbert, MN 55741

Office
Closed

1,200
Sq. Ft.
0.6
Acres

Listed and Sold by B.I.C. Realty

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Sold

$74,900

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Single Family
Closed

4
Beds
2
Total Baths
1,190
Sq. Ft.

Listed by Village Realty
Sold by Non Member File

Sold

$74,090

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Single Family
Closed

4
Beds
2
Total Baths
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Sq. Ft.

Listed by Village Realty
Sold by Nonmember Office

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Sold

$80,000

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Single Family
Closed
Updated 10 days ago

2
Beds
1
Total Bath
880
Sq. Ft.

Listed and Sold by eXp Realty, LLC- MN

207 S Broadway Avenue, Gilbert, MN 55741 (MLS# 6803069) is a Commercial property that was sold at $77,500 on July 15, 2026. 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.

207 S Broadway Ave Gilbert, MN 55741