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902 E 1st St 14,460 SF Office Building Duluth, MN 55805 $995,000 ($68.81/SF)
Investment Highlights
- Historic building originally constructed in 1912.
- East End location near downtown Duluth.
- MU-I zoning supports a variety of future use possibilities.
Executive Summary
902 E 1st Street presents a rare opportunity to acquire a historic property in Duluth's East End. Originally constructed in 1912 as the First Church of Christ, Scientist, the building has been carefully maintained and restored over the years, preserving much of its original architectural character and presence. The property offers approximately 7,400 square feet on a 150' x 140' lot and is zoned MU-I, providing flexibility for a variety of future uses subject to applicable approvals.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,460 SF
Building Class
C
Year Built
1912
Price
$995,000
Price Per SF
$68.81
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,230 SF
Building FAR
0.69
Lot Size
0.48 AC
Opportunity Zone
Yes
Zoning
MU-I - MU-I – Mixed Use Institutional
Parking
40 Spaces (2.77 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Karpeles Manuscript Library
- Arts, Entertainment, and Recreation
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Karpeles Manuscript Library | Arts, Entertainment, and Recreation | - | - | - |
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 010383002000 | Improvements Assessment | $438,700 |
| Land Assessment | $441,000 | Total Assessment | $879,700 |
Property Taxes
Parcel Number
010383002000
Land Assessment
$441,000
Improvements Assessment
$438,700
Total Assessment
$879,700
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Map
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Contact the Sale Advisor
902 E 1st St