This premier commercial property is a rare opportunity to own a fully leased asset in the heart of Duluth's busiest retail and business corridor. Built in 1994 and with numerous renovations, the two-story, 5,849 sq. ft. building (possibility to make it 6,000 sq ft) sits on a 11,160 sq. ft. lot and features 14 dedicated parking spaces with REA agreements in place for shared access to surrounding parking lots. Anchored by a long-term national tenant â?? Cold Stone Creamery, the property boasts a diverse and stable tenant mix that includes Lake Superior Dispensary, Edward Jones, all operating under NNN leases for a truly hands-off investment experience. Situated on Central Entrance, the property enjoys outstanding visibility with 21,548 cars per day (2023). This high-traffic corridor places the property in a prime position to attract and retain top-tier tenants. With a stabilized income stream, modernized facilities, and proximity to key commercial activity, this property offers investors both stability and growth potential. Don't miss this opportunity to own a landmark asset in one of Duluth's most dynamic commercial hubs. Call today for more information or to schedule a private tour.
5722 Homestead Rd has 2400 square feet of business opportunity with an amazing location, midway between Duluth and Two Harbors! Sitting on 2.45 acres, this quality building was constructed in 1993 by Minde Log Constructions using old growth Pine Logs harvested from McGregor Mn. Impeccably maintained with newer roof and seamless gutters, geo-thermal/in-slab heating system, A/C throughout, wired for security and sprinklered. This multi-use, multi-tenant structure is currently divided into 4 units, two of which are leased. Pending Duluth Township approval, this property could potentially be short term rented. Conveniently situated between North Shore Scenic Drive and Hwy 61, call for a private showing today.
Great Business and investment Opportunity in Gary New Duluth! Full original wood bar, stand up beer coolers, walk in keg cooler, soda cooler, fenced in outdoor recreation area with firepits, horseshoe pits and an outdoor band stage. Two apartments above the bar for additional income and it is close to amenities like public transportation and local stores. Rental license, fixtures, and equipment are included with purchase. Newly remodeled bar bathrooms in 2023. The outdoor rec area allows you to host events without party permits! 14 off street parking spots, a two + car garage for extra storage of personal or business equipment. Now is your time to have that small business of your own and make it the way you prefer. Hurry and do not let this opportunity get by, make your personal showing appointment today!
Wouldn’t you love to live in the heart of Canal Park? Just steps to Lake Superior, the Lift Bridge, plenty of fun restaurants, shopping and more! Imagine opening up your balcony to view the finish line of Grandmas Marathon, or utilize the endless possibilities for a huge deck in the back! You’ll love the exposed brick and beams throughout this blank canvas just waiting for you to make it your own! This unit has the possibility to be turned into two separate units, or make one large home with over 3,000 square feet of space for you to decide! Currently being used as an office space you will find multiple uses for this incredible hidden gem. Enjoy owning a piece of Duluth history with this original Marshall Wells building.
East 4th Street is a main thoroughfare in the Duluth community, as well as a strong business corridor. Three blocks to the east and three blocks to the west are the sites of the two major hospitals and their clinics that serve Duluth and its surrounding areas. Zoning is F6 which allows for a multitude of uses.
The median home value in Duluth, MN is $298,000. This is higher than the county median home value of $197,400. The national median home value is $338,100. The average price of homes sold in Duluth, MN is $298,000. Approximately 56.64% of Duluth homes are owned, compared to 36.5% rented, while 6.86% are vacant. Duluth real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Duluth real estate agent to arrange a tour today!
Duluth, Minnesota has a population of 86,711. Duluth is more family-centric than the surrounding county with 27.83% of the households containing married families with children. The county average for households married with children is 26.31%.
The median household income in Duluth, Minnesota is $58,014. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Duluth is 33.9 years.
The average high temperature in July is 76.5 degrees, with an average low temperature in January of 2.3 degrees. The average rainfall is approximately 31.2 inches per year, with 69.5 inches of snow per year.