Date
Details
Price
Change
Source
10/21/2025
Listed
$799,000
—
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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1/99
$799,000 Sale Pending
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1/99
Property Description
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
Full Property Details
Full Property Details for 601 1st Ave
General
- Price: $799,000
- Taxes: $7,142 (2025)
- Status: Pending
- Type: Multi-Family
- Source: 1402
- MLS ID: 6122580
- Updated: 12/19/2025
- Added to Site: 87 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 5
Location
- Area: R
- County: Lake County
- Driving Directions: From Hwy 61 turn South towards Lake Superior on Waterfront Drive/6th St, go six blocks and it'll be on the corner of 1st Ave with the large wave mural on the side
School Information
- High School District: Lake Superior #381
Heating & Cooling
- Heating Type: Boiler, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Frame/Wood
- Exterior Const.: Wood
- Basement: Yes
- Basement Desc.: Partial
- Foundation: Poured Concrete
- Stories/Levels: 2
- Square Feet: 6,000
- Year Built: 1897
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 50 x 70
Financial Considerations
- Price Per Sq. Ft.: $133.17
- Tax Amount: $7,142
- Tax Year: 2025
- Owner Pays: Internet, Cable TV, Electricity, Repairs, Trash Collection, Water, Sewer
- Tenant Pays: None
Disclosures and Reports
- Condo: Yes
- Legal Description: S 70 ft of lot 16 blk 5 city of TH S 3.6 ft of N 70 ft of original plat of lot 16 blk 5 city of Two Harbors
- Property ID: 23-7660-05160, 23-7660-05161
Listed by Heirloom Realty, LLC
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Listing agent
— 601 1st Ave —
Heirloom Realty, LLC
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NMLS#: 1598647
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Schools
Schools serving 601 1st Ave
School District:Lake Superior Public School District
| Name | Grades | Distance |
|---|---|---|
Minnehaha Elementary School 421 7th Street, Two Harbors, MN 55616 | PK-5 | 0.3 mi |
Two Harbors Secondary 1640 Hwy 2 Ste 100, Two Harbors, MN 55616 | 6-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 601 1st Ave
Tax History
Tax History for 601 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,142
100%
$341,000
41%
2019
-100%
$242,300
50%
2019
$3,631
—
$161,500
15%
2019
$3,631
4%
$140,700
-23%
2018
$3,498
-11%
$182,600
14%
2017
$3,920
-3%
$160,400
—
2016
$4,040
—
$160,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 601 1st Ave
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 2,240Sq. Ft.
Listed by Messina & Associates Real Estate
Sold by Tommy Archer Team
Sold by Tommy Archer Team
601 1st Ave, Two Harbors, MN 55616 (MLS# 6122580) is a Multi-Family property with 7 units containing 5 bedrooms and 0 full bathrooms. 601 1st Ave is currently listed for $799,000 and was received on October 21, 2025. Want to learn more about 601 1st Ave? Do you have questions about finding other Multi-Family 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.