4615 Grand Ave Duluth, MN 55807
Property Features for 4615 Grand Ave
General Information
- Size
- 15,631 SF
Building Details
- Year built
- 1998
Source:
Midamericagrp
Listing Agent: Amy Senn
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Two-Tenant Retail in Duluth, MN
This two-tenant retail property is located in Duluth, MN. A new 10-year lease was signed with a tenant in October 2024. The property is situated at a busy intersection with a traffic volume of 20,803 vehicles per day. It is located in the west Duluth neighborhood, which is considered a 'hidden gem' and has a population of over 30,000 within a 3-mile radius. Duluth is a college town with over 25,000 students and the second-largest economy in the state, serving a trade area of over 548,000 people. The retail vacancy rate in Duluth is low, at 2%, with high barriers to entry. One of the tenants, Goodwill True North, has a history of over 100 years and operates 11 stores across northern Minnesota and Wisconsin. The property features a new silicone roof coating with a 15-year total system warranty. The property size is 15,631 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Parsons Electric
Electrician
NUWAY - Duluth Counseling ...
Addiction Treatment Center
ArchKey/Parsons Electric Duluth ...
Contractor
Similar Places Nearby
Garden Center
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- St. Louis
- State
- Minnesota
- Longitude
- -92.1603527
- Latitude
- 46.7455861
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FAQs
What type of property is this?
Storefront property - Two-tenant retail property with new 10-year lease in Duluth.
Where is this storefront property located?
The property is located at 4615 Grand Ave Duluth, MN.
What is the asking price?
The asking price for this property is $2,357,000.
What are key features of this property?
This property features: - New 10-year lease with Goodwill signed October 2024, providing stable income.; - Located in a desirable west Duluth neighborhood with over 30,000 residents within a 3-mile radius.; - High traffic location with 20,803 vehicles per day (VPD).