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107 Main St

3,216 SF 100% Leased Retail Building Biwabik, MN 55708 £62,518 (£19/SF)

Investment Highlights

  • Upstairs could be converted to apartments
  • The roof was redo approximately 10 years ago

Executive Summary

Great business opportunity in downtown Biwabik. This would be the PERFECT space to open a bar, restaurant, or even a brewery. The upper level could be used as 2 rental units or extra storage. Outside, there is a gazebo great for summer cocktails or entertainment. The possibilities are endless with this one, call for a personal tour!

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,216 SF
Building Class
B
Year Built
1920
Price
£62,518
Price Per SF
£19
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.52
Land Acres
0.14 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
015003000550
Land Assessment
£4,225
Improvements Assessment
£36,071
Total Assessment
£40,296
  • Listing ID: 31418318

  • Date on Market: 04/04/2024

  • Last Updated:

  • Address: 107 Main St, Biwabik, MN 55708

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