Canal Park Restaurant
For Lease
Contact for pricing
355 S Lake Ave, Duluth, MN 55802
Turnkey restaurant space in Duluth's premier dining and tourism district.
Space Size5,800 SF
Days on Market145
Property Features for 355 S Lake Ave
General Information
Standard status
Active
Size
5,800 SF
Property subtype
Restaurant
Lease Type
NNN
Building Details
Tenancy
Single
Spaces For Lease
at 355 S Lake Ave Contact us- Size
- 5,800 SF
- Type
- Restaurant
- Lease Type
- NNN
- Availability
- Active
Available Space
Listing Agency:
Oneida Commercial Real Estate Services
Listed By:
Patricia McGaffey · License #MN
Source:
Crexi
Added: Mar 20
Changed: Aug 8
Last Checked: Aug 10 at 7:55AM
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 Oneida Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This is a rare opportunity to lease a ±5,800 SF second-generation restaurant space in the heart of Canal Park, Duluth’s premier dining and tourism district. The high-visibility location features a fully equipped commercial kitchen with hood/ventilation, walk-in cooler/freezer, and grease trap, allowing operators to significantly reduce buildout time and costs. The flexible layout is ideal for a full-service restaurant, bar, or fast-casual concept. The space is surrounded by retail and hotels and is located steps from waterfront attractions. This is perfect for operators looking to launch or expand in a prime Canal Park location.
Key Highlights
- Prime Canal Park location in Duluth's premier dining and tourism district
- Turnkey, second‑generation restaurant space reduces buildout time and costs
- Fully equipped commercial kitchen with hood/ventilation, walk‑in cooler/freezer, and grease trap
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,518
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 50%
Hotels & Casinos 46%
Dining 4%
Duluth Trading Company
Apparel
9,628 visits/mo
0.5 miles
Sheraton Duluth Hotel
Hotels & Casinos
8,880 visits/mo
0.5 miles
Domino's Pizza
Dining
702 visits/mo
0.5 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
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Similar Off Market Nearby
- Northland Larder — 323 Harbor Dr, Duluth, MN 55802
Frequently Asked Questions
What type of property is this?
Restaurant - Turnkey restaurant space in Duluth's premier dining and tourism district.
Where is this restaurant located?
The property is located at 355 S Lake Ave Duluth, MN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime Canal Park location in Duluth's premier dining and tourism district; Turnkey, second‑generation restaurant space reduces buildout time and costs; Fully equipped commercial kitchen with hood/ventilation, walk‑in cooler/freezer, and grease trap
