Historic Office
For Sale
Contact for pricing
325 W 1st St, Duluth, MN 55802
Renovated historic office building with major electrical and mechanical upgrades.
Property Size30,000 SF
Days on Market123
Property Features for 325 W 1st St
General Information
Standard status
Active
Size
30,000 SF
Property subtype
Office
Additional Details
Opportunity Zone
Yes
Building Details
Tenancy
Multi
Listing Agency:
Colliers - Minneapolis - St. Paul, Minnesota
(612) 701-4594
Listed By:
Kyle Delarosby · License #MN 40634131
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 5:48PM
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 Colliers - Minneapolis - St. Paul, Minnesota
Investment Insights
Based on property information with market context.
The historic Arvig Building is a 30,000 gross square foot office property in downtown Duluth that has undergone major renovation work. The building is described as being in great condition, with upgrades to the electrical and mechanical systems.
The property is located in a federally approved Opportunity Zone. It is also positioned as an owner-occupant option for a business seeking approximately 10,000 SF, or as a stand-alone investment with existing tenants in place.
For prospective tenants or buyers, the current configuration supports an office use and includes an in-place tenant base.
The property is located in a federally approved Opportunity Zone. It is also positioned as an owner-occupant option for a business seeking approximately 10,000 SF, or as a stand-alone investment with existing tenants in place.
For prospective tenants or buyers, the current configuration supports an office use and includes an in-place tenant base.
Key Highlights
- 30,000 gross square foot historic office building in downtown Duluth, MN
- Recognized by the Duluth Preservation Alliance for major renovation work completed
- Located in a federally approved Opportunity Zone
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,524
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Renovated historic office building with major electrical and mechanical upgrades.
Where is this office building located?
The property is located at 325 W 1st St Duluth, MN.
What are key features of this property?
This property features: 30,000 gross square foot historic office building in downtown Duluth, MN; Recognized by the Duluth Preservation Alliance for major renovation work completed; Located in a federally approved Opportunity Zone
