Default Header Banner

Commercial Property

Contact:
garyo912@hotmail.com

Commercial
MLS# 6123734
For Sale: $1390000
Status: ACTIVE

232 N Central Ave
Duluth, MN 55807
(map)
Waterfront: No
Exceptional Mixed-Use Investment Property. Rare opportunity to own a versatile commercial/residential building, located next to a high traffic regional grocery store in the thriving West Duluth Business District. Property is located next to bars/restaurants, movie theatre, grocery store, liquor store, gas stations, and more. This expansive residential unit offers generous living areas and includes a private racquetball court, full size indoor swimming pool, bar/pool table and steam room. The flexible layout provides excellent potential for owner-occupancy, long-term rental, or lucrative short-term rental income. The residential space comes complete with heated indoor parking garage, private residential elevator, two kitchens, 3 large sun decks, and a fireplace. The commercial unit is currently utilized as a laundromat, but the space lends itself to a variety of retail, franchise, or office options. Seller is open to leaving laundry machines or removing them based on buyers needs. Whether you're looking to expand your portfolio or create a live/work investment property, this distinctive offering delivers unmatched potential. You must see it to believe it.
Additional Photos
Features
Map
Cumulative DOM:17
Price Per SQFT:99.88
School District:Duluth #709
Year Built:1991
Approx Lot Dimension:50x165 + 50x126
Classification:NonHomestead
Leased Land:Owned
Parcel Number:010-4470-02880 and 010-4470-02710
Tax Year:2025
Assessments:Unknown
Foreclosure:No
Rental License:Yes
Unit # 2:Commercial

4031 Grand Avenue
Duluth, MN 55807