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Marketplace and Grill Storefront
For Sale
Contact for pricing
Pending

5362 W Highway 61, Duluth, MN 55612

Includes an on-site two-bedroom apartment and additional undeveloped property.

Property SizeContact for details
Days on Market144

Property Features for 5362 W Highway 61

General Information

Standard status Pending
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes

Amenities

Two bedroom apartment on site
Listing Agency: Coldwell Banker Northwoods Realty
Listed By: Deb Niemisto · License #MN
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 2:06AM

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 Coldwell Banker Northwoods Realty

Investment Insights

Based on property information with market context.

This storefront property includes the operating concept identified as Lutsen's Lockport Marketplace & Grill, a business with a history dating to 1928. The site also contains a two-bedroom apartment that can serve an owner, employees, or a rental purpose.

The property is located at 5362 W Highway 61 in Duluth, Minnesota, within the North Shore region and near the Superior National Forest. A portion of the property remains undeveloped, providing physical room for future expansion as supported by the existing site conditions.

Key Highlights

  • Storefront property associated with Lutsen's Lockport Marketplace & Grill
  • Business history dating to 1928
  • On‑site two‑bedroom apartment

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Hair Salon Travel Agency

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

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55612, MN

604
Population
1,050
Households
0.6
Avg Household Size
57
Median Age
61%
College-Educated
100%
High-School Grad
165.1 sq mi
ZIP Area
4
Density / Sq Mi
$83,893
Median Household Income
$39,423
Median Earnings
$1,013
Median Rent
$423,300
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?
Storefront property - Includes an on-site two-bedroom apartment and additional undeveloped property.
Where is this storefront property located?
The property is located at 5362 W Highway 61 Duluth, MN.
What are key features of this property?
This property features: Storefront property associated with Lutsen's Lockport Marketplace & Grill; Business history dating to 1928; On‑site two‑bedroom apartment
More about this property
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