NOT LISTED FOR SALE
5 Beds
7 Baths
6,000 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: March 2, 2026

Last sale price $723,500 $121 Per Sq Ft

58 Days on Market

Highlights

  • Public Water Access
  • Wood Siding
  • 2-minute walk to Two Harbors Bandshell Park

About This Home

As of March 2026

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

Last Agent to Sell the Property

Jennifer Julsrud

Heirloom Realty, LLC Brokerage Phone: Listed on: 10/21/2025

Last Buyer's Agent

Nick Christensen

Great Water Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,142

Year Built

  • Built in 1897

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 50 x 70

Parking

  • No Garage

Home Design

  • Poured Concrete
  • Wood Siding

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Public Water Access

Community Details

  • 7 Units

Listing and Financial Details

  • The owner pays for internet, cable TV, electricity, repairs, trash collection, water, sewer
  • Assessor Parcel Number 23-7660-05160, 23-7660-05161

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,142

Year Built

Built in 1897

Lot Details

3,485 Sq Ft Lot

Listing Details

  • 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
  • Tax Year: 2025
  • Year Built: 1897
  • Property Sub Type: Multi-Family 5+
  • Property Type: Residential Income
  • LotSizeAcres: 0.08
  • Lot Size: 50 x 70
  • Co List Office Mls Id: LSA30983
  • Above Grade Finished Sq Ft: 6000
  • Living Area: 6000
  • LSA_Foreclosure: No
  • LSA_Auction: No
  • LSA_ManagementCompany: ***
  • LSA_LeasedLand: Owned
  • LSA_CondoType: Other
  • Special Features: None

Interior Features

  • Owner Pays: Internet, Cable TV, Electricity, Repairs, Trash Collection, Water, Sewer
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Construction Type: Wood
  • Foundation Details: Poured Concrete

Garage/Parking

  • LSA_GarageType: None

Utilities

  • Sewer: Public Sewer
  • Water Source: City

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Parcel Number: 23-7660-05160, 23-7660-05161

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 7142

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2025
Closed on
Mar 2, 2026
Sold by
Bought by
Seller's Agent
Jennifer Julsrud
Heirloom Realty, LLC
Buyer's Agent
Nick Christensen
Great Water Real Estate
List Price
$799,000
Sold Price
$723,500
Premium/Discount to List
-$75,500
-9.45%
Views
34

Purchase Details

Closed on
Nov 14, 2016
Sold by
Bought by

Purchase Details

Closed on
May 26, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
0.0586%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$723,500 --
-- Stewart Title
$153,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $66,000
Previous Owner $78,588
Previous Owner $130,050
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/02/2026 03/02/26 Sold $723,500 -9.4% $121 / Sq Ft
12/18/2025 12/18/25 Pending -- -- --
12/18/2025 12/18/25 For Sale $799,000 0.0% $133 / Sq Ft
12/14/2025 12/14/25 For Sale $799,000 0.0% $133 / Sq Ft
11/11/2025 11/11/25 Pending -- -- --
10/21/2025 10/21/25 For Sale $799,000 -- $133 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,142 $341,000 $42,000 $299,000
2024 $1,342 $314,800 $14,100 $300,700
2023 $1,559 $303,300 $14,100 $289,200
2022 $7,082 $307,300 $14,100 $293,200
2021 $6,312 $242,300 $14,100 $228,200
2020 $3,638 $161,500 $16,600 $144,900
2019 $3,631 $140,700 $16,600 $124,100
2018 $3,498 $182,600 $14,100 $168,500
2017 $3,920 $160,400 $15,500 $144,900
2016 $4,040 $160,400 $15,500 $144,900
2015 $4,075 $160,400 $15,500 $144,900
2014 $4,075 $0 $0 $0
2013 $3,918 $0 $0 $0
2012 $3,898 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6122580

Your Personal Tour Guide

Ask me questions while you tour the home.