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Mixed-Use Building with Ballroom
For Sale
$499,900

21 N Lake Ave, Duluth, MN 55802

Brick commercial property combines adaptable storefront space with an upper-level event venue and supporting facilities.

Property Size8,000 SF
Price / SF$62.49
Days on Market10

Property Features for 21 N Lake Ave

General Information

Standard status Active
Size 8,000 SF

Amenities

beautiful hardwood floors
generous storage areas
flexibility to operate as separate units or one large connected space via a double-door opening
three bathrooms
one fully accessible bathroom
handicap lift chair
large ballroom
stage
commercial kitchen
meeting room
coat room
office
dressing room with private bath
substantial upper-level storage

Building Details

Year Built 1908
Buildings 1
Stories 2
Construction brick
Tenancy Multi
Listing Agency: RE/MAX Results
Listed By: Lynn Nephew · License #RA20389043
Source: Biglifeteam
Added: Aug 20 Changed: Aug 29 Last Checked: Aug 29 at 10:55AM

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.

Built in 1908, this 8,000-square-foot brick mixed-use building combines two ground-floor storefronts with a substantial event-oriented upper level. The storefront areas feature hardwood floors, ample storage, three bathrooms, and a double-door connection that allows them to function independently or together. One bathroom is fully accessible.

The second floor includes a ballroom with stage, commercial kitchen, meeting room, coat room, office, dressing room with private bath, and additional storage. Access between levels is supported by a handicap lift chair. Parking is available at the ramp across the street, while the building’s downtown Duluth address places the property on N Lake Ave.

Key Highlights

  • 8,000‑square‑foot mixed‑use building constructed in 1908
  • Two storefront spaces can operate separately or as one connected area
  • Upper level includes ballroom, stage, commercial kitchen, and meeting room

Property Analytics

Current Use

Prøve Gallery Charitable Organization Norway Hall Event ... Hotel & Motel

Suggested Use

Top Pick Nail Salon Storage Facility Auto Parts Store Garden Center Barber Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,712
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 50% Hotels & Casinos 46% Dining 4%
Duluth Trading Company Apparel
9,628 visits/mo 0.3 miles
Sheraton Duluth Hotel Hotels & Casinos
8,880 visits/mo 0.3 miles
Domino's Pizza Dining
702 visits/mo 0.1 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial property combines adaptable storefront space with an upper-level event venue and supporting facilities.
Where is this mixed-use property located?
The property is located at 21 N Lake Ave Duluth, MN.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 8,000‑square‑foot mixed‑use building constructed in 1908; Two storefront spaces can operate separately or as one connected area; Upper level includes ballroom, stage, commercial kitchen, and meeting room
More about this property
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