Storefront Retail with Salon
222 N Central Ave Duluth, MN 55807
For Sale
$525,000
COMMERCIAL - Duluth, MN
Property Size2,172 SF
Lot Size0.21 Acres
Price / SF$241.71
Days on Market41
Property Features for 222 N Central Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Security features
- Security System
- Interior features
- Security System
- Basement
- Block
- Standard status
- Active
- Size
- 2,172 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8162
Utilities
- Heating system
- Baseboard
- Cooling system
- Central Air
Building Details
- Year built
- 1990
- Number of units
- 2
- Roof type
- Rubber
Listing Agency:
RE/MAX Results
(952) 829-2900
Listed By:
Trish Kroening
(952) 829-2900
Added: Jun 16
Last Checked: Jul 26 at 3:06AM
MLS# 6123029
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.
Investment Insights
Based on property information with market context.
This for-sale storefront retail space is currently configured as a 9-chair hair salon with five shampoo stations, plus a storage room that includes an office. It also includes a dedicated nail room, described as a suitable fit for a technician setup, and a mechanical mop sink area with storage. An updated half bath serves customers and staff. The entry features a spacious area that can support product or service displays, and the interior layout accommodates multiple service zones.
Located at 222 N Central Ave in Duluth, this property benefits from ample parking with 15 spots. The listing notes the site is positioned next to Super One, providing convenient nearby shopping access.
Because the space is already built out with distinct service areas, it may appeal to owner-operators or tenants seeking a turnkey retail and personal services environment. The presence of a second business operation described as a shake shop adds additional operational flexibility for a buyer or occupant looking to run complementary concepts from the same location. At 2,172 square feet on a 0.21-acre lot, it offers a workable footprint for retail and service uses that benefit from a customer-facing entry and on-site parking.
Located at 222 N Central Ave in Duluth, this property benefits from ample parking with 15 spots. The listing notes the site is positioned next to Super One, providing convenient nearby shopping access.
Because the space is already built out with distinct service areas, it may appeal to owner-operators or tenants seeking a turnkey retail and personal services environment. The presence of a second business operation described as a shake shop adds additional operational flexibility for a buyer or occupant looking to run complementary concepts from the same location. At 2,172 square feet on a 0.21-acre lot, it offers a workable footprint for retail and service uses that benefit from a customer-facing entry and on-site parking.
Key Highlights
- Currently operating as a 9‑chair hair salon with 5 shampoo stations and a storage room with an office
- Includes a separate nail room for one tech, plus a mechanical mop sink area with storage and an updated 1/2 bath
- Second business location as a shake shop with room to expand the menu
Financial Insights For Retail
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 | $32.6k | $15.00 |
| − Vacancy | −$3.3k | −$1.50 |
| EGI | $29.3k | $13.50 |
| − OpEx | −$8.8k | −$4.05 |
| NOI | $20.5k | $9.45 |
2,172 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$842.6K
$737.2K – $983.0K
NOI $58,979 @ 7.0% cap · market cap 11.23%
Second Best
Retail
$293.2K
$256.6K – $342.1K
NOI $20,525 @ 7.0% cap · market cap 3.91%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cold Fusion-West Duluth
Specialty Food Shop
Minnesota Affordable Containers
Shipping Company
Gabnails
Nail Salon
Wanda's Hair Works
Nail Salon
Similar Off Market Nearby
- Garden Center — Duluth, MN 55807
FAQs
What type of property is this?
Storefront property - Turnkey space supports salon services and a separate shake shop concept with convenient parking near Super One.
Where is this storefront property located?
The property is located at 222 N Central Ave Duluth, MN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Currently operating as a 9‑chair hair salon with 5 shampoo stations and a storage room with an office; Includes a separate nail room for one tech, plus a mechanical mop sink area with storage and an updated 1/2 bath; Second business location as a shake shop with room to expand the menu
