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    321-323 W 1St St Duluth, MN 55802

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    For Lease
    $12 SF/Yr ($1,999 /Mo)

    Turn-key restaurant opportunity in downtown Duluth, approximately 1,900 square feet.

    Property size:
    1,900 SF
    Lot size:
    0.16 Acres

    Property Features for 321-323 W 1St St

    General Information

    Size
    1,900 SF
    Lot size
    0.16 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

    Downtown Duluth Turn-Key Restaurant

    This is an excellent opportunity to lease a turn-key restaurant space in downtown Duluth. The property, formerly occupied by Jam Rock, offers approximately 1,900 square feet of space. The space is ready for customization with decorating touches to bring a specific vision to life. The property is suitable for restaurant use.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.1041365
    Latitude
    46.7842911

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    FAQs

    What type of property is this?
    Turn key restaurant - Turn-key restaurant opportunity in downtown Duluth, approximately 1,900 square feet.
    Where is this turn key restaurant located?
    The property is located at 321-323 W 1St St Duluth, MN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Turn-key restaurant opportunity awaits in the heart of Duluth.; - Located in Downtown Duluth.; - Space is almost 2,000 square feet.
    (218) 310-0013
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    321-323 W 1St St Duluth, MN 55802
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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
    321-323 W 1St St Duluth, MN 55802
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