1321 Commonwealth Ave Duluth, MN 55808

This exceptional investment opportunity presents a thriving business and rental income potential in the vibrant Gary New Duluth neighborhood of Duluth, Minnesota. The property boasts a 3,216 square foot building situated on a 0.23-acre lot, featuring a fully equipped bar with original wood accents, stand-up beer coolers, a walk-in keg cooler, and a soda cooler. The outdoor area is a significant asset, encompassing a fenced-in recreation space complete with fire pits, horseshoe pits, and a stage perfect for hosting events. The elimination of party permit needs for outdoor events adds considerable value. Adding to the income stream are two apartments located above the bar, providing additional rental revenue. The property includes 14 off-street parking spaces and a two-car garage, offering ample storage for both personal and business equipment. Recent improvements include a complete remodel of the bar's bathrooms in 2023. The sale includes all necessary fixtures, equipment, and the existing rental license, ensuring a smooth transition for the new owner. Conveniently located near public transportation and local stores, this property offers a unique blend of established business and rental income, making it an ideal investment for a savvy entrepreneur. Don't miss this chance to own a well-established business with significant upside potential.