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    Duluth, MN
    Conventional Restaurant

    Duluth, MN Conventional Restaurants for Sale

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    Hermantown, MN Cloquet, MN Saginaw, MN Superior, WI Esko, MN South Range, WI Carlton, MN Canyon, MN
    Storefront Retail with Salon Setup
    Updated: Jun 16
    Storefront Retail with Salon Setup

    222 N Central Ave, Duluth, MN 55807

    $525,000
    2,172 sqft 0.21 AC lot
    Currently operating as a 9‑chair hair salon with 5 shampoo stations and a storage room with an office
    Includes a separate nail room for one tech, plus a mechanical mop sink area with storage and an updated 1/2 bath
    Second business location as a shake shop with room to expand the menu
    Ample on‑site parking for 15 vehicles next to Super One
    Built in 1990 with central air, baseboard heating, rubber roof, and a security system
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    This listing looks promising.

    Here's a quick look at some key insights for

    222 N Central Ave, Duluth, MN 55807

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    • Est. Cap Rate

      3.9%
      NOI ÷ price

    • Est. NOI

      $21K
      Annual

    • Mortgage

      $47K
      Sep 2020

    • Property Type

      Commercial (General)
      Built 1990
    View Property Analytics
    Full-Service Restaurant with Liquor License
    Updated: Apr 12
    Full-Service Restaurant with Liquor License

    4602 Grand Ave, Duluth, MN 55807

    Contact for pricing
    Well‑established full‑service restaurant
    On‑sale liquor license included
    Separate dining room for gatherings or private parties
    Reported as in excellent condition with many updates
    Gross reported in the neighborhood of $700K (2021)
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Duluth, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Supper Club Restaurant with Apartment
    Supper Club Restaurant with Apartment

    4368 S County Rd E, South Range, WI 54874

    $835,000
    4,500 sqft 6.70 AC lot

    Established supper club includes a restaurant space and a small 2-bedroom apartment above the unit.

    View details
    Bar and Restaurant Building
    Bar and Restaurant Building

    1222 Tower Ave, Superior, WI 54880

    $470,000
    10,000 sqft 0.16 AC lot

    Two-level tavern with deli concept and updated amenities, plus a large basement with recreation space.

    View details
    Iconic Supper Club Opportunity
    Iconic Supper Club Opportunity

    4368 S County Rd E, South Range, WI 54874

    $835,000
    4,500 sqft 7.00 AC lot

    Established supper club with expansion potential and living quarters.

    View details
    Two-Story Tavern with Full Basement
    Two-Story Tavern with Full Basement

    1222 Tower Ave, Superior, WI 54880

    $470,000
    15,000 sqft

    Spacious bar and deli concept with updated improvements, built-in entertainment amenities, and significant interior gathering space.

    View details

    Duluth, MN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Duluth, MN on our real estate platform. These investment opportunities span a total of 2,172 square feet of properties for sale, with an estimated market value of $525,000.

    Sale prices for conventional restaurants in Duluth, MN start at $525,000, averaging $525,000, and reaching up to $525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 3
    Conventional restaurants 2
    Drive through restaurants 2
    Commercial kitchens 1
    Turn key restaurants 1

    Demographics Overview

    Population 119K
    Population Growth (5Y) +1.6%
    Median Household Income $76,777
    College Educated 36.3%

    High-Yield Neighborhoods for Investment

    Identify Duluth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55807 $525K

    Taxes & Financing

    Tax Rate (average for all types) 2.67%
    Property Tax per SF $14.83 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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