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$159,900
7120670 MLS
Unlock the potential of this unique mixed-use commercial property, which offers multiple income streams and exceptional flexibility. Formerly home to a neighborhood bar, the expansive main level provides approximately 2,685 finished square feet and is primed for various future uses - from a restaurant, brewery, taproom, event venue, or retail space to office. Upstairs, the second level is already configured with the layout for up to four residential apartments, creating an outstanding value-add opportunity for an investor looking to establish stable, long-term rental income while maximizing the property’s earning potential. Additional highlights include a large basement offering extensive storage and utility space, a newer rubber membrane roof, and nearly three city lots worth of off-street parking - a rare amenity for a downtown commercial property that easily accommodates up to twenty cars. Whether you’re an owner-occupant looking to operate your own business while building equity through residential rental income, or an investor seeking a redevelopment opportunity with significant upside, this property offers endless possibilities in a high-visibility location. This is a rare chance to revitalize a landmark property and create a strong-performing investment with multiple revenue streams.

1426 Commonwealth Avenue, Duluth

Listing courtesy of RE/MAX Results.

$400,000
1 Baths 7120537 MLS
Perfect for Investors, Entrepreneurs and Developers! Prime spot in Downtown Virginia you have four expansive floors of use for massive potential. The former Anderson Furniture Building is your answer. This solid brick building, located in a prime Virginia location, offers endless possibilities for real estate investors, entrepreneurs, retail businesses, and developers. Built to last, ensuring a reliable investment. Situated in a bustling area of Virginia, perfect for attracting foot traffic and business. Ideal for retail stores, office units, housing, or a combination of these. Separate Garage/Storage Building for additional space to meet all your storage needs. Great value with so much square footage across four floors. Whether you’re looking to develop retail space, office units, or housing, this property can accommodate your vision. Don’t miss out on this unique opportunity to transform a historic building into your next successful venture! Solid construction and prime location!

214 N Second Avenue, Virginia

Listing courtesy of Z'Up North Realty, Inc..

$230,000
1 Beds 2 Baths 7100496 MLS
Excellent commercial space opportunity conveniently located on Chapman Street in Ely! This versatile property offers endless possibilities for an owner-occupant or investor. The main level features an open, flexible floor plan that is ideal for retail, professional office space, a boutique, studio, or a variety of other business uses. Upstairs, you'll find a spacious one-bedroom apartment with its own private rear entrance, a large rooftop deck, and convenient off-street parking. Live where you work, generate rental income, or lease both levels for maximum investment potential. A unique property offering flexibility, income-producing possibilities, and a prime Chapman Street location.

133 E Chapman Street, Ely

Listing courtesy of Z'Up North Realty, Inc..

$195,000
7076713 MLS
Exceptional opportunity to own a versatile commercial property with outstanding visibility just off Hwy 169. This well-maintained building offers a warm and inviting atmosphere with multiple private office spaces and an open gathering area complete with kitchenette — ideal for staff, meetings, or client hospitality. The interior features attractive wood accents, abundant lighting, and a cozy fireplace that creates a welcoming environment for clients and employees alike. A convenient 1/2 bath adds functionality, while the flexible layout lends itself to a variety of business uses including office, retail, studio, or service-based operations. Outside, the property offers excellent curb appeal, ample off-street parking, and exceptional exposure near Hwy 169 for maximum business visibility. Move-in ready and designed for both comfort and functionality, this is a fantastic opportunity to establish or expand your business presence.

800 E 40th Street, Hibbing

Listing courtesy of RE/MAX Results.

$299,000
7028191 MLS
Historic corner commercial building offering character, space, and exceptional flexibility in Hibbing. This solid brick property features three apartment units plus a fourth space currently set up apartment-style that could serve as an office, studio, or additional residential unit (subject to city approval). The building showcases classic warehouse-style elements including high ceilings, large windows, and durable construction. A substantial warehouse/workshop area provides added versatility for storage, workspace, or future reconfiguration. Prominent corner location with strong visibility and access. Unique opportunity for a variety of potential uses with historic charm and long-term potential.

1911 7th Avenue E, Hibbing

Listing courtesy of GRAND PROPERTIES REAL ESTATE.

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