Shopping Center with Large-Format
215 North Central Avenue, Duluth, MN 55807
For Sale
New
Contact for pricing
The property combines a former department-store building with a multi-tenant retail center occupied by a mix of local and national businesses.
Property Size157,731 SF
Days on Market4
Property Features for 215 North Central Avenue
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Anchor Co-Tenants
Highway Access
Road Access
Additional Details
Tenant in Place
Building Details
Buildings
Tenancy
Listing Agency:
CBRE - Minnesota
Listed By:
Matt Friday
(612) 961-2675
Source:
Cbre
Added: Nov 8
Last Checked: Nov 10 at 6:35AM
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 CBRE - Minnesota
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Investment Insights
Based on property information with market context.
This 157,731-square-foot shopping center comprises an 86,479-square-foot former Kmart building and a 71,252-square-foot multi-tenant retail center. The former Kmart space offers a large-format footprint, while the retail center is approximately 70% occupied. Overall property occupancy is approximately 30%. Current tenants include Dollar Tree and the United States Postal Service.
At 215 N Central Ave in Duluth, the property sits along Central Avenue at the first Interstate 35 exit into the city. Nearby big-box retailers include Menards and Super One Foods.
At 215 N Central Ave in Duluth, the property sits along Central Avenue at the first Interstate 35 exit into the city. Nearby big-box retailers include Menards and Super One Foods.
Key Highlights
- 157,731 square feet across two retail components
- 86,479‑square‑foot former Kmart building
- 71,252‑square‑foot multi‑tenant retail center
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
30%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 55807, MN
9,674
Population
4,572
Households
2.1
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
5.8 sq mi
ZIP Area
1,668
Density / Sq Mi
$63,670
Median Household Income
$36,246
Median Earnings
$797
Median Rent
$164,000
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Spirit Valley Mall — 215 N Central Ave, Duluth, MN 55807
- Coinstar Kiosk | Bitcoin ATM — Super One Foods, 5300 Bristol St, Duluth, MN 55807
Frequently Asked Questions
What type of property is this?
Shopping center - The property combines a former department-store building with a multi-tenant retail center occupied by a mix of local and national businesses.
Where is this shopping center located?
The property is located at 215 North Central Avenue Duluth, MN.
What are key features of this property?
This property features: 157,731 square feet across two retail components; 86,479‑square‑foot former Kmart building; 71,252‑square‑foot multi‑tenant retail center
