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Sold for $635,000 on 09/20/24
  • $635,000

    426 1st Ave, Two Harbors, MN 55616

    27beds
    6baths
    10,694sqft
    Condominium
    Built in 1896
    -- sqft lot
    $645,600 Zestimate®
    $59/sqft
    $1,527 Estimated rent

    Home value

    $645,600

    Estimated sales range

    Not available

    $1,527/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: September 09, 2025 at 01:41pm

    Listed by:

    Dee Furo 218-393-9864,

    Messina & Associates Real Estate

    Bought with:

    Alyssa Strom, MN 40506416 | WI 86938

    Jason Mitchell Real Estate Minnesota LLC

    Source: Lake Superior Area Realtors,MLS#: 6111097MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 27
    • Bathrooms: 6
    Heating
    • Boiler, Hot Water
    Appliances
    • Included: Water Heater - Gas
    • Laundry: Common Area, In Basement
    Features
    • Basement: Full,Egress Windows,Partially Finished,Walkout,Shared Access,Storage,Bath,Kitchen,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
    Interior area
    • Total interior livable area: 10,694 sqft
    • Finished area above ground: 9,394
    • Finished area below ground: 1,300

    Property

    Parking
    • Parking features: Off Street, Asphalt, None
    • Has uncovered spaces: Yes
    Features
    • Has view: Yes
    • View description: Lake Superior
    • Has water view: Yes
    • Water view: Lake Superior
    Lot
    • Size: 0.48 Acres
    • Dimensions: 150 x 140
    • Features: Corner Lot
    Details
    • Parcel number: 23766001070
    • Zoning description: Business/Commercial

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Composition, Frame/Wood
    • Foundation: Stone
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 1896

    Utilities & green energy

    • Electric: City of Two Harbors
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Fiber Optic

    Community & neighborhood

    Location
    • Region: Two Harbors

    Other

    Other facts
    • Listing terms: Cash,Conventional,Other

    Price history

    DateEventPrice
    9/20/2024Sold$635,000-2.3%$59/sqft
    Source: Lake Superior Area Realtors #6111097
    5/28/2024Pending sale$650,000$61/sqft
    Source: Lake Superior Area Realtors #6111097
    5/9/2024Contingent$650,000$61/sqft
    Source: Lake Superior Area Realtors #6111097
    10/17/2023Listed for sale$650,000$61/sqft
    Source: Lake Superior Area Realtors #6111097

    Public tax history

    Tax history is unavailable.

    Neighborhood: 55616

    Nearby schools

    GreatSchools rating
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