For sale

$350,000

601 Main St, Biwabik, MN 55708-0000

2beds

7,272sqft

$2,347/mo

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Single Family Residence

Built in 1960

3,920 Square Feet Lot

$313,200 Zestimate^®

$48/sqft

$-- HOA

What's special

Own a thriving piece of Biwabik's Main Street. This unique live-work property includes an established art gallery featuring local Iron Range artists — purchase the property and the business comes with it, ready for a seamless transition. The main living area offers 2 bedrooms with updated finishes, while a center garage connects the spaces throughout the building. The rear suite — formerly a hair salon — is fully appointed as a studio rental or mother-in-law suite, adding income potential or space for a creative collaborator. A coffee shop setup is already in place, rounding out a turn-key operation that's truly ready to go. Whether you're an artist, entrepreneur, or someone dreaming of small-town Main Street life, this property delivers lifestyle and livelihood in one address. Biwabik's walkable corridor and year-round tourism draw from nearby Giants Ridge make this an exceptional location for foot traffic and community connection.Call for a tour!

60 days

186

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
1/2 bathrooms: 1
Main level bedrooms: 1

Bedroom

Level: Main
Area: 160.6 Square Feet
Dimensions: 14.6 x 11

Bedroom

Level: Main
Area: 79.8 Square Feet
Dimensions: 9.5 x 8.4

Kitchen

Level: Main
Area: 147.46 Square Feet
Dimensions: 10.1 x 14.6

Living room

Level: Main
Area: 176.66 Square Feet
Dimensions: 12.1 x 14.6

Storage

Level: Main
Area: 67.45 Square Feet
Dimensions: 7.1 x 9.5

Heating

Fireplace(s), Forced Air, Ductless, Natural Gas, Pellet

Cooling

Central Air, Ductless

Appliances

Included: Range, Refrigerator

Features

Basement: N/A
Number of fireplaces: 3
Fireplace features: Multiple

Interior area

Total interior livable area: 7,272 sqft
Finished area above ground: 3,636
Finished area below ground: 3,636

Property

Parking

Total spaces: 1
Parking features: On Street, Attached
Attached garage spaces: 1
Has uncovered spaces: Yes

Lot

Size: 3,920 Square Feet
Dimensions: 125 x 30
Features: Corner Lot

Details

Foundation area: 4140
Parcel number: 015003000120

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Metal, Wood, Frame/Wood
Roof: Asphalt Shingle,Metal

Condition

Previously Owned
Year built: 1960

Utilities & green energy

Electric: Minnesota Power
Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Biwabik

Financial & listing details

Price per square foot: $48/sqft
Tax assessed value: $57,500
Annual tax amount: $736
Date on market: 6/19/2026
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

$313,200

$294,000 - $332,000

$1,747/mo

Price history

Date	Event	Price
6/19/2026	Listed for sale	$350,000+311.8%$48/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6126200 Report a problem
8/12/2004	Sold	$85,000+6.3%$12/sqft
Source: Public Record Report a problem
3/17/2003	Sold	$80,000$11/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,272 -18%	$57,500
2023	$1,552 -3.5%	$57,500 +0.9%
2022	$1,608 -0.7%	$57,000
2021	$1,620	$57,000
2020	$1,620	$57,000
2019	$1,620 -0.7%	$57,000 -0.9%
2018	$1,632 +5.8%	$57,500
2017	$1,542 -5.5%	$57,500
2016	$1,632 -18.8%	$57,500
2015	$2,010 +1.9%	--
2014	$1,972 +26.4%	$57,500 -17.3%
2008	$1,560 -7.7%	$69,500 +4.5%
2007	$1,690 +6.8%	$66,500 +9.9%
2006	$1,582	$60,500