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4222 Grand Ave 4,350 SF Industrial Building Duluth, MN 55807 $645,000 ($148.28/SF)

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Executive Summary

Prime location in the growing Spirit Valley neighborhood. Use the current building for your shop and use the house as additional rental income! Or redevelop with high traffic counts on Grand Avenue

4216-4218 Grand Ave Brochure

Property Facts Under Contract

Price	$645,000	Rentable Building Area	4,350 SF
Price Per SF	$148.28	No. Stories	1
Sale Type	Investment	Year Built	1927
Sale Condition	Building in Shell Condition	Tenancy	Single
Property Type	Industrial	Parking Ratio	2.3/1,000 SF
Property Subtype	Service General Retail Auto Repair Industrial Manufacturing Industrial Warehouse	No. Drive In / Grade-Level Doors	2
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.67 AC
Zoning	MU-N - Mixed-Use Neighborhood. accommodates a mix of neighborhood-scale, neighbor-hood serving non-residential uses and a range of residential uses

Price	$645,000
Price Per SF	$148.28
Sale Type	Investment
Sale Condition	Building in Shell Condition
Property Type	Industrial
Property Subtype	Service General Retail Auto Repair Industrial Manufacturing Industrial Warehouse
Building Class	C
Lot Size	0.67 AC
Rentable Building Area	4,350 SF
No. Stories	1
Year Built	1927
Tenancy	Single
Parking Ratio	2.3/1,000 SF
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	MU-N - Mixed-Use Neighborhood. accommodates a mix of neighborhood-scale, neighbor-hood serving non-residential uses and a range of residential uses

Bus Line

Signage

Water - City
Sewer - City

About 4222 GRAND AVE , DULUTH, MN 55807

Former Arrowhead Machinist building located next to Essentia Health West Duluth Clinic. Property has 3 parcels and includes a 3 bedroom, 1 bath house that is used as additional rental income.

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Fairly walkable

50/100

Exceptionally drivable

100/100

Limited public transit

30/100

Fairly bikeable

50/100

Source: Local Logic^®

Property Taxes

Parcel Number	010361008240	Improvements Assessment	$89,500
Land Assessment	$166,000	Total Assessment	$255,500

Property Taxes

Parcel Number

010361008240

Land Assessment

$166,000

Improvements Assessment

$89,500

Total Assessment

$255,500

(218) 722-5556

Contacts

Sandy Hoff
Macey Solomon
F.I. Salter Real Estate, Inc.

Listing ID: 11694843
Date on Market: 2/22/2018
Last Updated:
Address: 4222 Grand Ave, Duluth, MN 55807

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4222 Grand Ave, Duluth, MN for sale Primary Photo- Image 1 of 8 — Primary Photo

4222 Grand Ave, Duluth, MN for sale Building Photo- Image 2 of 8 — Side of Building

4222 Grand Ave, Duluth, MN for sale Building Photo- Image 3 of 8 — Front of House

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4222 Grand Ave, Duluth, MN for sale Building Photo- Image 5 of 8 — Backyard

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4222 Grand Ave, Duluth, MN for sale Building Photo- Image 7 of 8 — Building Photo

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