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4501 E Superior St 1,400 SF Retail Building Duluth, MN 55804 $499,900 ($357.07/SF)
Investment Highlights
- Fully renovated commercial building in Duluth’s Lakeside neighborhood
- Currently leased at $4,200/month through 05/31/2027
- Building-only sale; ideal for investor or future owner-user
Executive Summary
Exceptional opportunity to own a fully renovated commercial building in Duluth’s Lakeside neighborhood at 4501 E Superior St. This retail property sits on a lot with strong visibility and proximity to the biking and hiking trail alongside Superior St, and traffic exposure, making it ideal for retail, office, or service-based use. With $190,000+ in improvements that include structural reinforcement, updated plumbing and sewer lines, new 200-amp electrical service with 3-phase power, commercial-grade flooring, updated bathroom, exterior paint, and major mechanical upgrades - providing long-term functionality and durability. Offered for sale as building only, this is a turnkey opportunity for an owner-user or investor seeking a prime Lakeside location. This property is leased for $4,200 monthly (Lease expiration 05/31/2027) plus tenant pays utilities and owner pays taxes and building coverage insurance.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,400 SF
Building Class
C
Year Built
1927
Price
$499,900
Price Per SF
$357.07
Tenancy
Single
Building Height
1 Story
Parking
5 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
44’ on E Superior St
Amenities
- Bus Line
- Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010301000890 | Improvements Assessment | $190,300 |
| Land Assessment | $24,000 | Total Assessment | $214,300 |
Property Taxes
Parcel Number
010301000890
Land Assessment
$24,000
Improvements Assessment
$190,300
Total Assessment
$214,300
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Contact the Sale Advisor
4501 E Superior St