Downtown Mixed-Use Income
For Sale
$1,500,000
1403 Ave C, Cloquet, MN 55720
Short-term rentals and leased commercial space support ongoing operations.
Property Size11,500 SF
Price / SF$130.43
Days on Market218
Property Features for 1403 Ave C
General Information
Standard status
Active
Size
11,500 SF
Property subtype
Commercial Sale / Mixed Use
Additional Details
Multifamily Units
7
Taxes and HOA fees
Annual Taxes
$23,164
Amenities
Central Air
Forced Air, Natural Gas
16-20 Feet
Rubber
2
Partially Wheelchair
Brick
Building Details
Year Built
1950
Listing Agency:
RE/MAX Results
(218) 428-0861
Listed By:
Jordan DeCaro · License #MN 40286367|WI 79981-94
(218) 428-0861
Source:
Compass
Added: Jan 26
Changed: Aug 30
Last Checked: Aug 31 at 9:47PM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
Union Lofts is a 11,500-square-foot mixed-use property at 1403 Ave C in downtown Cloquet. The building contains 7 operating short-term rental units alongside 3 leased commercial units, creating multiple active income components within one property. Three additional units remain unfinished and could support future residential or commercial use, subject to zoning, permitting, and required approvals.
Constructed in 1950, the property includes central air, forced-air heating with natural gas, and brick exterior construction. Current operations include both short-term rental activity and commercial occupancy. Zoning, licensing, permitted uses, and income details require buyer verification and due diligence.
Constructed in 1950, the property includes central air, forced-air heating with natural gas, and brick exterior construction. Current operations include both short-term rental activity and commercial occupancy. Zoning, licensing, permitted uses, and income details require buyer verification and due diligence.
Key Highlights
- 11,500 square feet in downtown Cloquet
- 7 operating short‑term rental units
- 3 leased commercial units
Property Analytics
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 55720, MN
17,236
Population
7,687
Households
2.2
Avg Household Size
39
Median Age
25%
College-Educated
92%
High-School Grad
156.4 sq mi
ZIP Area
110
Density / Sq Mi
$66,399
Median Household Income
$42,718
Median Earnings
$976
Median Rent
$213,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Short-term rentals and leased commercial space support ongoing operations.
Where is this mixed-use property located?
The property is located at 1403 Ave C Cloquet, MN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 11,500 square feet in downtown Cloquet; 7 operating short‑term rental units; 3 leased commercial units
