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831 E 2nd St
Duluth, MN 55805
831 E 2nd St · Office Property For Sale
Investment Highlights
- Located in Duluth's established East End district.
- Flexible opportunity for investors or owner-occupants.
- Convenient access to downtown and surrounding business centers.
- Off-street parking available on site.
Executive Summary
831 E 2nd Street offers the opportunity to acquire a two-story office property in Duluth's East End neighborhood. The building contains 5,600 square feet and benefits from off-street parking, a valuable amenity in a location just outside downtown Duluth. Positioned with convenient access to the city's business districts, healthcare facilities, and major transportation routes, the property provides a practical setting for professional office users and investors alike.
The property currently includes an upper-floor tenant, creating the potential for in-place income while allowing an owner-user to occupy a portion of the building. Its East End location combines accessibility with proximity to downtown amenities, making it well suited for professional services, administrative offices, medical-related users, or organizations seeking a centrally located presence. The combination of existing tenancy, dedicated parking, and a well-established location presents flexibility for both investment and owner-occupant strategies.
The property currently includes an upper-floor tenant, creating the potential for in-place income while allowing an owner-user to occupy a portion of the building. Its East End location combines accessibility with proximity to downtown amenities, making it well suited for professional services, administrative offices, medical-related users, or organizations seeking a centrally located presence. The combination of existing tenancy, dedicated parking, and a well-established location presents flexibility for both investment and owner-occupant strategies.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,263 SF
Building Class
C
Year Built
1922
Price
$700,000
Price Per SF
$96.38
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
2,800 SF
Building FAR
1.05
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
R-2 - R-2 – Residential Urban
Property Taxes
| Parcel Numbers | Improvements Assessment | $576,100 | |
| Land Assessment | $56,600 | Total Assessment | $632,700 |
Property Taxes
Parcel Numbers
Land Assessment
$56,600
Improvements Assessment
$576,100
Total Assessment
$632,700
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