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

$314,700 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!

51 days

214

3

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

$314,700

$296,000 - $337,000

$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

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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