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Downtown Duluth Building with Lakeview
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118 E Superior St, Duluth, MN 55802

Three-level building in downtown Duluth with potential for various uses.

Property Size5,750 SF
Price / SF$130.26
Days on Market890

Property Features for 118 E Superior St

General Information

Standard status Active
Size 5,750 SF
Property subtype Office

Building Details

Buildings 1
Stories 3
Listing Agency: Follmer Commercial Real Estate
Listed By: Greg Follmer · License #MN 27078
Source: Crexi
Added: Mar 15, 2024 Changed: Aug 8 Last Checked: Aug 19 at 5:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Follmer Commercial Real Estate

Investment Insights

Based on property information with market context.

This three-level building offers finished square footage suitable for various purposes. It features office space with an ADA lift providing access to conference rooms on the main floor. The second floor offers views of Lake Superior and has potential for transformation into a high-end condo or Airbnb. The main floor could be converted for retail uses. The basement level has a walkout to Michigan Street. The property is located in a developing area of Downtown Duluth and includes on-site parking. The building has 5,750 square feet across two floors and a full basement. The lot size is 25x115. The property is owned by a non-profit organization.

Key Highlights

  • Prime downtown Duluth location in a developing area.
  • Lake Superior views from the second floor.
  • Potential for conversion to a high‑end condo/Airbnb.

Property Analytics

Current Use

Access North Home Health Care Service Lake Place Inc Accounting Firm

Suggested Use

Top Pick Building Supply Auto Parts Store Storage Facility Garden Center Nail Salon HVAC 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

4,647
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-level building in downtown Duluth with potential for various uses.
Where is this office building located?
The property is located at 118 E Superior St Duluth, MN.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Prime downtown Duluth location in a developing area.; Lake Superior views from the second floor.; Potential for conversion to a high‑end condo/Airbnb.
(218) 310-0013 Call to check price and availability
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