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    394 Lake Ave Duluth, MN 55802

    Sponsored
    For Lease
    Contact for pricing

    Historic Duluth Office Space, Lake Views

    Lot size:
    1,481 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    The Dewitt-Seitz Building, a National Register of Historic Places landmark in Duluth, Minnesota's vibrant Canal Park district, offers exceptional executive office space. This iconic building boasts stunning Lake Superior and harbor views, blending historical charm with modern functionality. The property features a total of 1,481 square feet, currently entirely vacant and available for lease. Spaces are divisible to a minimum of 205 square feet, with a maximum contiguous space of 1,045 square feet. Ideal for businesses seeking a prestigious address in a dynamic location, the building offers convenient amenities. Its prime location provides easy access to the area's attractions and resources. The building's historical architecture creates a unique and memorable work environment, while modern features ensure efficient operations. This is a rare opportunity to lease space in a highly desirable and historically significant building. The address is 394 S Lake Ave, Duluth, MN 55802.

    Property Features for 394 Lake Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,481 SF

    Unit(s) available at that property

    Space
    DeWitt-Seitz 550
    Size
    1,045 SF

    HighLights

    • 1,481 SF of vacant office space available for lease in the historic Dewitt‑Seitz Building, a National Register of Historic Places landmark.
    • Ample parking is available for tenants and visitors.
    • Located in Duluth's vibrant Canal Park district, offering stunning Lake Superior and harbor views.
    • Full‑service leases available, including all necessary amenities.
    • Lake and harbor views from multiple vantage points within the building.
    • A mix of retail and office tenants in a historic building with modern updates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Otlak Felt Studio ... Art School The Blue Heron Trading ... Kitchen Supply Store F Squared Manufacturer Christian Eggert Violins Violin Shop Securitas Security Services ... Security Guard Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.094830543238
    Latitude
    46.782308341328

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Duluth Office Space, Lake Views
    Where is this office property / space located?
    The property is located at 394 Lake Ave Duluth, MN.
    What are key features of this property?
    This property features: 1,481 SF of vacant office space available for lease in the historic Dewitt-Seitz Building, a National Register of Historic Places landmark.; Ample parking is available for tenants and visitors.; Located in Duluth's vibrant Canal Park district, offering stunning Lake Superior and harbor views.
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    Duluth, MN 55802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    394 Lake Ave Duluth, MN 55802
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