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$524,900 -$25,100 (-4.56%) Price Reduced

  • For Sale
  • Active
  • Commercial Service
  • 4,800 Sq. Ft.
  • 1.84 Acres
  • Updated 3 days ago
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Position your business on one of the North Shore's most recognizable commercial corridors at 1329 MN-61 in Two Harbors, Minnesota. This 4,800 SF retail/commercial property offers exceptional visibility along famous Highway 61, with 8,096 vehicles per day passing by, making it an outstanding opportunity for an owner-user, investor, or redevelopment-minded buyer. This property offers a flexible layout suitable for a variety of retail, hospitality, event, entertainment, or service-oriented uses. The site is located in the Highway Business District, supporting a broad range of commercial possibilities. A rare highlight for a commercial asset, the property also features views of Lake Superior, creating added appeal for businesses looking to offer customers a memorable North Shore experience. With strong traffic counts, high exposure, and a well-known location in Two Harbors, this property is well positioned for its next chapter.

Full Property Details for 1329 Hwy 61

General

  • Price: $524,900
  • Taxes: $4,480 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: 1402
  • MLS ID: 6123865
  • Updated: 4/7/2026
  • Added to Site: 38 day(s) ago

Location

  • Area: R
  • County: Lake County
  • Driving Directions: 1 block past last Hwy 61 North bound stop light on left

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: City

Structural Information

  • Construction: Frame/Wood
  • Exterior Const.: Metal
  • Basement: Yes
  • Basement Desc.: Partial
  • Foundation: Concrete
  • Roof: Metal
  • Ceiling Height: 8-10 Feet
  • Stories/Levels: 1
  • Square Feet: 4,800
  • Current Bldg. Use: Business, Restaurant, Bar/Lounge, Vacant
  • Year Built: 1965

Lot Features

  • Lot Size (Acres): 1.84
  • Lot Dimensions: Irr.
  • Zoning: Business/Commercial

Financial Considerations

  • Price Per Sq. Ft.: $109.35
  • Tax Amount: $4,480
  • Tax Year: 2025
  • Terms: Cash, Contract, Conventional, Small Business Admin.

Disclosures and Reports

  • Legal Description: BAY VIEW SUBDIVISION - PART OF SW1/4 OF SW1/4 LOTS 2 & 3
  • Inclusions: Building
  • Property ID: 23-7652-00020

Listed by RE/MAX Results

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— 1329 Hwy 61 —

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NMLS#: 1598647

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

Schools serving 1329 Hwy 61

School District:Lake Superior Public School District
NameGradesDistance
Minnehaha Elementary School
421 7th Street, Two Harbors, MN 55616
PK-50.5 mi
Two Harbors Secondary
1640 Hwy 2 Ste 100, Two Harbors, MN 55616
6-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1329 Hwy 61 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/07/2026
Price Reduced
$524,900
-4.56%
MLS
3/04/2026
Listed
$550,000
120%
MLS
5/30/2025
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
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 1329 Hwy 61

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,480
-29%
$327,900
66%
2019
$6,306
—
$197,300
-1%
2019
$6,306
—
$199,300
-3%
2019
$6,306
903%
$206,178
-2%
2018
$629
-91%
$210,600
—
2017
$6,664
-3%
$210,600
—
2016
$6,887
—
$210,800
—
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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Recent Sales near 1329 Hwy 61

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1412 Burlington Rd, Two Harbors, MN 55616 - Photo 1 Sold
$554,000

1412 Burlington Rd  #5-302A  Two Harbors, MN 55616

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,700
    Sq. Ft.
Listed by SVN Northco RE Services and Sperry Van Ness/Northco RE
Sold by Coldwell Banker North Shore
1412 Burlington Rd, Two Harbors, MN 55616 - Photo 1 Sold
$554,000

1412 Burlington Rd  #5-302A  Two Harbors, MN 55616

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,700
    Sq. Ft.
Listed by Northco Real Estate Services
Sold by Non-MLS
1412 Burlington Rd, Two Harbors, MN 55616 - Photo 1 Sold
$539,000

1412 Burlington Rd  #5-202A  Two Harbors, MN 55616

  • Condo
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,700
    Sq. Ft.
Listed by Northco Real Estate Services
Sold by Real Broker, LLC
1412 Burlington Rd, Two Harbors, MN 55616 - Photo 1 Sold
$539,000

1412 Burlington Rd  #5-202A  Two Harbors, MN 55616

  • Condo
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 1,700
    Sq. Ft.
Listed by SVN Northco RE Services and Sperry Van Ness/Northco RE
Sold by Nonmember Office

1329 Highway 61, Two Harbors, MN 55616 (MLS# 6123865) is a Commercial Service property. 1329 Highway 61 is currently listed for $524,900 and was received on March 04, 2026. Want to learn more about 1329 Highway 61? Do you have questions about finding other Commercial Service real estate for sale in Two Harbors? You can browse all Two Harbors real estate or contact a Coldwell Banker agent to request more information.

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