400 Main StBiwabik, MN 55708

This exceptional mixed-use property in Biwabik, MN, presents a prime investment opportunity. Located on Main Street, just miles from Giants Ridge Golf and Ski Resort, this updated building offers three revenue-generating apartments, each featuring refinished hardwood floors, new kitchens with quartz countertops and stainless steel appliances, elegantly tiled bathrooms, and unique decorative elements. All furnishings are included. Two commercial spaces are also available. A 750 sq ft. space is ideal for a coffee shop, boasting a walk-up window and brand-new commercial appliances (full list available). The second, 1000 sq ft. space, is fully upgraded with a new roof (2022), solar panels, radiant floor heating, polished concrete floors, and efficient HVAC. Both commercial spaces benefit from recent upgrades including new plumbing, electrical, and a whole-building ventilation system, spray foam insulation, and new windows. A convenient on-site laundry center with three washers and three dryers, plus a private hardscaped patio and four-car parking pad complete this offering. The property has seen extensive recent upgrades including new plumbing, electrical service, heat distribution, windows, and a whole-building ventilation system. The building also features spray foam insulation and solar panels. The seller is willing to consider separating the property into two parcels. This location offers high visibility with an average of 4400 cars passing daily, and is conveniently located near a grocery store, gas station, and city park. This is a truly unique and profitable investment opportunity.