1510 Hughitt Ave, Superior, WI 54880
- Added:
- May 24, 2026
- Days on Market:
- 43
- Last Refresh:
- Jul 5 at 11:06 am
Property Features for 1510 Hughitt Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Basement
- Concrete
- Standard status
- Active
- Size
- 2,588 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Number of units
- 1
- Roof type
- Rubber
Listing agent Mike Raivala License #5812490 (952) 829-2900
Listing office RE/MAX Results Duluth, WI (952) 829-2900
Listing date May 24, 2026
Copyright © 2026 Lake Superior Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey custom cabinet and woodworking shop operating in a 2,588 sq. ft. building
- Included professional‑grade woodworking equipment such as CNC machinery, edge‑banding equipment, table saws, joiners, sanders, and dust‑collection systems
- Also included shop support gear including air compressors, door‑drying racks, pneumatic equipment, and finishing tools
- Estimated included inventory: over $5,000 in hardware and over $8,000 in materials (solid wood, sheet goods, veneer, laminate, millwork)
- Lease provides rent of $850 until end of 2026, then $900 for the following 2 years; utilities average about $250/month and insurance about $160/month
- Landlord covers water, sewer, trash, property taxes, snow removal, and lawn care
Overview
The shop operates from a 2,588-square-foot building and is structured to support continuity of operations, with a lease in place. The current rent is $850 until the end of 2026, then $900 for the next two years. Utilities average about $250 per month and insurance is about $160 per month. The landlord covers water, sewer, trash, property taxes, snow removal, and lawn care.
For a woodworker, contractor, or entrepreneur looking to step into an established workflow, the business is positioned as a ready-to-run cabinet and woodworking operation with equipment, inventory, and operational materials included in the sale, along with a large database of contractors and loyal clients with contact information.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.2k | $5.88 |
| − Vacancy | −$274 | −$0.11 |
| EGI | $14.9k | $5.77 |
| − OpEx | −$4.5k | −$1.73 |
| NOI | $10.5k | $4.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Superior
- County
- Douglas
- State
- Wisconsin
- Longitude
- -92.0992534
- Latitude
- 46.7202424