515 10th Two Harbors, MN $ 299,900
515 10th
$ 299,900
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515 10th

Two Harbors, MN, 55616
$ 299,900
Bedrooms-- Baths0.0 Sq 1,000

Monthly Estimate*

$ 1,871

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Commercial Property for sale in Two Harbors, MN

for $299,900. This 1,000 square foot building was built in 1970 on a lot size of 2.57 Acre(s).

Ready for redevelopment, the John A Johnson Elementary school has been vacant since 2006. This is a unique opportunity to redevelop an entire city block within the city of Two Harbors, MN, located on the beautiful North Shore. Single family, twin homes, or higher density could be built with a conditional use permit. Grants and potentially municipal funding could be provided for tear down of existing school structure. Housing study available for review, which suggests a demand of up to 700+ units needed in Two Harbors, MN by 2036. Needed projects specifically are Association-maintained products or Age-restricted housing. The extremely low vacancy rate in the city (At under 2%) requires more development and this is your site!

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Commercial Active

Price

$ 299,900

Property Type

Commercial

Taxes

$ 3,794

Lot Size

2.57 Acre(s)

Year Built

1970

Town/City

Two Harbors

County/Region

Lake

MLS | Web ID

6312949

Features
Interior
Heating Source Hot Water
Heating System Common
Sewer City Sewer
Water Source City Water
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Exterior
Parking 1-20 Open Parking Spaces
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Miscellaneous
Commercial Sale Includes Building
Utilities Electric
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* Excluded Features
List By
Keller Williams Integrity Re

Broker

chadheer@kwcommercial.com

Email

Affordability Calculator

$2,187
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,871
Monthly Property Taxes
$316
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
Lake Superior School District

Map


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515 10th , Two Harbors, MN, 55616 is a Commercial Property for sale at $299,900 with 1,000 sqft and a lot size of 2.57 Acre(s). 515 10th has 0.0 baths and was built in 1970. The property's zip code is 55616 which is in Two Harbors, MN