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1403 Avenue C
Cloquet, MN 55720

$1,500,000
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Listing Details

  • $1,500,000
  • MLS# 7013167
  • Type Commercial - Office
  • Status Pending
  • 0.260 acres
    Lot Size
  • 1950
    Year Built
  • Cloquet
    Local Schools

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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Home Value Estimate


Description

Union Lofts is a mixed-use income property located in downtown Cloquet featuring a diversified unit mix. The property includes 7 operating short-term rental units, 3 leased commercial units, and 3 unfinished units, offering both immediate income and future expansion potential subject to zoning, permitting, and approvals. Current operations generate income from short-term rentals and commercial space. The unfinished units provide an opportunity for a buyer to add additional residential or commercial income following due diligence and required approvals. Union Lofts is well-suited for investors, owner-operators, or 1031 exchange buyers seeking...read more

Features

  • Heating: Forced Air
  • Stories: 2.0
  • Taxes: $23,164
  • Water: City Water/Connected
  • Year Built: 1950

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