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Mixed Use Property

Contact:
jordan@decarorealestate.com

Mixed Use
MLS# 6123429
For Sale: $1500000
Status: ACTIVE

1403 Ave C
Cloquet, MN 55720
(map)
Waterfront: No
Union Lofts is a mixed-use income property located in downtown Cloquet featuring a diversified unit mix. The property includes 7 operating short-term rental units, 3 leased commercial units, and 3 unfinished units, offering both immediate income and future expansion potential subject to zoning, permitting, and approvals. Current operations generate income from short-term rentals and commercial space. The unfinished units provide an opportunity for a buyer to add additional residential or commercial income following due diligence and required approvals. Union Lofts is well-suited for investors, owner-operators, or 1031 exchange buyers seeking a stabilized mixed-use asset. Financial information is available upon request for qualified buyers. Buyer to verify zoning, licensing, permitted uses, and income details.
Additional Photos
Features
Map
Cumulative DOM:45
Price Per SQFT:130.43
School District:Cloquet #94
Year Built:1950
Approx Lot Dimension:150x207x150x211
Classification:Commercial
Leased Land:Owned
Parcel Number:06-305-0020
Tax Year:2025
Assessments:Yes
Foreclosure:No
Unit # 2:Commercial 2
Unit # 3:Commercial 3
Unit Sq Ft 1:1200
Unit Sq Ft 2:1600
Unit Sq Ft 3:500

4031 Grand Avenue
Duluth, MN 55807