Search
Mixed-Use Building With Ballroom
For Sale
$499,900

21 N Lake Ave, Duluth, MN 55802

COMMERCIAL, Duluth, MN

Property Size8,000 SF
Lot Size0.09 Acres
Price / SF$62.49
Days on Market94

Property Features for 21 N Lake Ave

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
Interior features Restrooms, Storage, Stage
Directions Lake Ave between Superior and 1st
Subdivision LSAR
Standard status Active
Size 8,000 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4928

Utilities

Heating system Steam

Amenities

hardwood floors
generous storage areas
three bathrooms
handicap lift chair
large ballroom with stage
commercial kitchen
meeting room
coat room
office
dressing room with private bath
upper-level storage

Building Details

Year built 1908
Number of units 3
Roof type Flat, Rubber
Additional Structures Storage
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Lynn Nephew · License #RA20389043
Added: Jun 11 Changed: Sep 5 Last Checked: Sep 12 at 2:06PM
MLS# 6125984

Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1908, this 8,000-square-foot mixed-use commercial building has a brick exterior, flat rubber roof, and steam heat. The main level contains two storefront areas with hardwood flooring, storage, and three bathrooms, including one fully accessible restroom. A double-door connection allows the storefronts to function together or independently.

The upper level is configured for event use, with a ballroom and stage supported by a commercial kitchen, meeting room, coat room, office, dressing room with private bath, and additional storage. A handicap lift chair provides access to the second floor. The property occupies 0.09 acres at 21 N Lake Ave in downtown Duluth, with parking available at the ramp across the street.

Key Highlights

  • 8,000‑square‑foot mixed‑use building on 0.09 acres
  • Two main‑level storefront spaces can operate separately or as one connected area
  • Upper level includes ballroom, stage, commercial kitchen, and meeting room

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Prøve Gallery Charitable Organization Norway Hall Event ... Hotel & Motel

Suggested Use

Top Pick Nail Salon Auto Parts Store Storage Facility Garden Center Barber Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,712
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 50% Hotels & Casinos 46% Dining 4%
Duluth Trading Company Apparel
9,628 visits/mo 0.3 miles
Sheraton Duluth Hotel Hotels & Casinos
8,880 visits/mo 0.3 miles
Domino's Pizza Dining
702 visits/mo 0.1 miles

Demographics for 55802, MN

2,544
Population
1,529
Households
1.7
Avg Household Size
54
Median Age
45%
College-Educated
90%
High-School Grad
2.6 sq mi
ZIP Area
978
Density / Sq Mi
$40,850
Median Household Income
$42,266
Median Earnings
$596
Median Rent
$479,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property combines flexible storefront space with an event-oriented upper level and accessible vertical access.
Where is this mixed-use property located?
The property is located at 21 N Lake Ave Duluth, MN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 8,000‑square‑foot mixed‑use building on 0.09 acres; Two main‑level storefront spaces can operate separately or as one connected area; Upper level includes ballroom, stage, commercial kitchen, and meeting room
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message