1131 4th St E 3,416 SF 100% Leased Retail Building Duluth, MN 55805 $280,000 ($81.97/SF)
INVESTMENT HIGHLIGHTS
- Easy access to transit.
- Great location near Portland Square.
EXECUTIVE SUMMARY
Are you ready to own you own office building? This could be your perfect opportunity! Office in one and lease out the other two. Perfect for retail or office with the option of leasing first and then buying or take the plunge and invest in your own future with real estate. One suite currently fitted out for a hair salon, one for food service and one in an office configuration. Six parking spaces at the front door plus four behind the building. Bus line and close to Downtown and the University area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,416 SF
Building Class
C
Year Built
1948
Price
$280,000
Price Per SF
$81.97
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.18 AC
Zoning
C - Commercial
Parking
10 Spaces (3.68 Spaces per 1,000 SF Leased)
Frontage
57’ on 4th St E
AMENITIES
- Bus Line
- Pylon Sign
- Signage
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 010383015380 | Improvements Assessment | $141,900 |
| Land Assessment | $72,600 | Total Assessment | $214,500 |
