Remarks

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 – 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.

Details

MLS#: 6117098
Price: $2,650,000

Style: Retail
Sq Ft: 5849
Year Built: 1994

County: St. Louis County
Lot Size: 75' x 155'
Tax Fee: 17838