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    5906 Old Miller Trunk Hwy Duluth, MN 55811

    For Sale
    $795,000

    13,548 SF building suitable for various uses or redevelopment.

    Property size:
    13,548 SF
    Lot size:
    37.66 Acres

    Property Features for 5906 Old Miller Trunk Hwy

    General Information

    Size
    13,548 SF
    Lot size
    37.66 Acres

    Source: Greg Follmer Commercial Real Estate Agent Greg Follmer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant Opportunity

    This 13,548 SF building, currently home to the "Cast Iron" restaurant, presents an opportunity for various uses. The building is in excellent condition, reflecting significant investment by the current owners. It features a new roof with a 20-year guarantee, resurfaced blacktop, and numerous restaurant upgrades. The exterior includes steel siding and a large outdoor patio. A garage, currently utilized for storage and outdoor events, is also part of the property. This property could serve as a turn-key restaurant or a building with acreage suitable for many uses or redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cast Iron Bar & Grill

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Gym & Fitness Department Store HVAC Service Bar & Pub Discount Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.308524
    Latitude
    46.858891

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    FAQs

    What type of property is this?
    Turn key restaurant - 13,548 SF building suitable for various uses or redevelopment.
    Where is this turn key restaurant located?
    The property is located at 5906 Old Miller Trunk Hwy Duluth, MN.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: - Large 13,548 SF building suitable for various uses or redevelopment.; - Turn-key restaurant opportunity with existing upgrades.; - New roof with a 20-year guarantee.
    (218) 310-0013
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    5906 Old Miller Trunk Hwy Duluth, MN 55811
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5906 Old Miller Trunk Hwy Duluth, MN 55811
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