$430,000

4892 Hwy 61 N, Beaver Bay, MN 55601

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$430,000

(20,000) 06/19/2026

4892 Hwy 61 N Beaver Bay, MN 55601

For Sale MLS# 6122420

2,208 sq ft Commercial

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Data current as of 21/07/2026 11:20:15

Details for 4892 Hwy 61 N

MLS# 6122420

Description for 4892 Hwy 61 N, Beaver Bay, MN, 55601


Discover the possibilities with this unique commercially zoned property along Lake Superior's breathtaking North Shore in Beaver Bay. Located just inland from the shoreline, this versatile property features a solid 5 bed/3 bath home ready for your personal updates, a two-stall garage, a spacious pole barn ideal for storage, hobbies, or business use, and a second building site with a concrete slab, its own well, septic system, and electrical hookups already in place. Whether you envision a new home, guest cabin, RV site, or outbuilding, the infrastructure is ready to support your plans. Whether you're searching for a year-round residence, a relaxing weekend retreat, a vacation rental, or a commercial opportunity, this property offers the flexibility and infrastructure to bring your vision to life. With two wells and two septic systems already on the property, the possibilities for expansion and future development are exceptional. Located in one of Minnesota's most sought-after destinations, you'll enjoy easy access to Gooseberry Falls State Park, Split Rock Lighthouse, and the scenic Superior Hiking Trail. The shops, restaurants, and welcoming atmosphere of Beaver Bay are just a short walk away, offering the perfect blend of small-town charm and outdoor adventure. Whether you're looking for a place to call home, an investment property, or the ideal location for your next business venture, this exceptional North Shore property is full of opportunity.

Listing Information


Property Type: Commercial

Status: Active

Bathrooms: 2

Lot Size: 4.43 Acres

Square Feet: 2,208 sq ft

Year Built: 1948

Stories: 2 Story

Construction: Concrete Block,Frame/Wood

Number Of Units Total: 1

County: Lake

School Information


District: Lake Superior #381

Room Information


Bathrooms

3/4 Baths: 1

1/4 Baths: 1

Utilities


Water: Shared, Drilled, Private

Sewer: Mound

Heating: Propane

Exterior / Lot Features


Parking Description: Driveway - Gravel, Driveway - Other Surfaces

Exterior: Concrete Block, Wood

Roof: Asphalt Shingles

Lot Dimensions: 4.43 acres, irregular

Additional Exterior/Lot Features: Private Resident Building, Road Frontage - Highway

Driving Directions


Hwy. 61 to 4892 Hwy. 61 N., turn right down driveway to home on left.

Financial Considerations


Terms: Cash,Conventional

Tax/Property ID: 26-5507-07310, 26-5507-07350

Tax Amount: 1796

Tax Year: 2025

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 4892 Hwy 61 N

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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