Property profile

1621 Maple Grove Rd Duluth, MN 55811

OFF-MARKET
Mixed-use properties
Property ID
US46-0147698
0.87 ac lot Built 1946
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Property summary

AI-generated overview

This exceptional mixed-use property, situated at 1621 Maple Grove Road in Duluth, Minnesota, presents a compelling investment opportunity. The 0.87-acre lot offers significant potential for a variety of commercial ventures, given its strategic location within the vibrant Duluth market. The property's mixed-use designation allows for flexibility in development and tenant occupancy, catering to a diverse range of business needs. The asking price of $350,000 represents a competitive entry point into the Duluth commercial real estate market, offering strong potential for appreciation and rental income. The substantial lot size provides ample space for expansion or redevelopment, allowing for customization to suit specific business requirements. Further investigation into zoning regulations and permitted uses is encouraged to fully explore the development possibilities. This property is ideally suited for an investor seeking a versatile asset with significant upside potential in a growing Minnesota city. Its location offers convenient access to major transportation routes and a thriving local economy, making it an attractive proposition for both established businesses and new ventures. Serious inquiries are welcome. The property is being offered as-is.

Property profile

Verified
Property type Mixed-use properties
Year built 1946
Lot 0.87 ac (37,897 SF)
UPID US46-0147698

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1621 Maple Grove Rd Duluth, MN 55811
Duluth metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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