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701-731 E 4th St 6,000 SF Vacant Industrial Building Duluth, MN 55805 $980,000 ($163.33/SF)
INVESTMENT HIGHLIGHTS
- Corner location.
- Easy access to transit.
EXECUTIVE SUMMARY
East 4th Street is a main thoroughfare in the Duluth community, as well as a strong business corridor. Three blocks to the east and three blocks to the west are the sites of the two major hospitals and their clinics that serve Duluth and its surrounding areas. Zoning is F6 which allows for a multitude of uses. Tenant in place with lease.
PROPERTY FACTS
| Price | $980,000 | Lot Size | 1.38 AC |
| Price Per SF | $163.33 | Rentable Building Area | 6,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | High Vacancy Property | Year Built | 1981 |
| Property Type | Industrial | Parking Ratio | 9.33/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 18’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Zoning | F-6 - Commercial, Multi-family, and Residential uses | ||
| Price | $980,000 |
| Price Per SF | $163.33 |
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.38 AC |
| Rentable Building Area | 6,000 SF |
| No. Stories | 1 |
| Year Built | 1981 |
| Parking Ratio | 9.33/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | F-6 - Commercial, Multi-family, and Residential uses |
AMENITIES
- Bus Line
- Fluorescent Lighting
Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $72,000 | |
| Land Assessment | $461,200 | Total Assessment | $533,200 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$461,200
Improvements Assessment
$72,000
Total Assessment
$533,200
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701-731 E 4th St
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