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4201 W 1st St 9,198 SF Industrial Building Duluth, MN 55807 $1,295,000 ($140.79/SF)
Investment Highlights
- Renovated warehouse and shop facility with professional office space.
- Suitable for a variety of owner-user and operational business needs.
- Positioned on a 1.43-acre industrial site.
- Convenient access to Interstate 35 via the 40th Avenue West interchange.
Executive Summary
4201 W 1st Street presents an opportunity to acquire a renovated warehouse property in West Duluth with convenient regional access. The property features a renovated shop and warehouse facility complemented by professional office space and a securely fenced yard suitable for outdoor storage, equipment parking, or operational support. Positioned just off Interstate 35 near the 40th Avenue West interchange, the property offers efficient connectivity throughout the Duluth-Superior market, including access to the Richard I. Bong Memorial Bridge and key transportation corridors serving northeastern Minnesota and northwestern Wisconsin.
The combination of warehouse functionality, office accommodations, and secured outdoor storage provides flexibility for a variety of owner-users, contractors, distribution operators, service businesses, and industrial users seeking a well-located facility. Situated on a 1.43-acre site, the property benefits from a location within an established industrial area with access to the workforce, commercial services, and transportation infrastructure that support day-to-day operations.
The combination of warehouse functionality, office accommodations, and secured outdoor storage provides flexibility for a variety of owner-users, contractors, distribution operators, service businesses, and industrial users seeking a well-located facility. Situated on a 1.43-acre site, the property benefits from a location within an established industrial area with access to the workforce, commercial services, and transportation infrastructure that support day-to-day operations.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$20,566
|
$2.24
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$20,566
|
$2.24
|
Financial Summary (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $20,566 |
| Annual Per SF | $2.24 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $20,566 |
| Annual Per SF | $2.24 |
Property Facts
| Price | $1,295,000 | Rentable Building Area | 9,198 SF |
| Price Per SF | $140.79 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1907 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.17/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 1.34 AC | Opportunity Zone |
Yes
|
| Zoning | MU-B - – Mixed Use Business Park | ||
| Price | $1,295,000 |
| Price Per SF | $140.79 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.34 AC |
| Rentable Building Area | 9,198 SF |
| No. Stories | 1 |
| Year Built | 1907 |
| Tenancy | Single |
| Parking Ratio | 2.17/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | MU-B - – Mixed Use Business Park |
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- JRK STEEL
- Manufacturing
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| JRK STEEL | Manufacturing | - | - | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Total Assessment | $715,600 (2024) | |
| Land Assessment | $346,400 (2024) | Annual Taxes | $20,566 ($2.24/SF) |
| Improvements Assessment | $369,200 (2024) | Tax Year | 2026 |
Property Taxes
Parcel Numbers
Land Assessment
$346,400 (2024)
Improvements Assessment
$369,200 (2024)
Total Assessment
$715,600 (2024)
Annual Taxes
$20,566 ($2.24/SF)
Tax Year
2026
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4201 W 1st St
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