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Listing Details
- $450,000
- MLS# 7025182
- Type Commercial - Business
- Status Active
Listed By
Agency Name: RE/MAX Results
Agency Phone: 218-722-2811
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
**BUILDING ONLY FOR SALE** Excellent mixed-use investment opportunity in the heart of Duluth's Chester Park neighborhood. This commercial building features a well-established lower-level commercial tenant and an upper residential unit, offering diversified income potential. The lower unit is currently leased at $2,500 per month and pays an additional CAM charge of $3 per square foot, providing increased return and shared expense coverage for ownership. The upper unit is a 2-bedroom, 1-bath apartment currently leased at $1,287 per month, creating strong supplemental income. Property includes rental license and is conveniently located near...read more
Features
- Cooling: Central Air
- Heating: Forced Air, Other
- Stories: 2.0
- Taxes: $5,148
- Water: City Water/Connected
- Year Built: 1916
Gallery
Listed By
Agency Name: RE/MAX Results
Agency Phone: 218-722-2811
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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