Building Details

Year Built 1989

Buildings 1

Stories 2

Units 1

Listing Agency: Follmer Commercial Real Estate Show Phone

Listed By: Greg Follmer · License #MN 27078

Source: Crexi

Added: Jun 4, 2024 Changed: Aug 14 Last Checked: Aug 20 at 6:14PM

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Investment Insights

Based on property information with market context.

Key Highlights

• Excellent visibility and convenient access on Highway 4.
• Multi‑use building suitable for retail, storage, or rental units.
• Spacious upper level with potential for conversion into rental units.

Property Analytics

Property Profile

Current Use

Artistic Anglers Taxidermist

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Building Supply (Bike/Boat/Book/etc) Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12

Businesses Nearby

Explore this area Business Placement

Demographics for 55803, MN

17,796

Population

8,690

Households

2

Avg Household Size

43

Median Age

49%

College-Educated

97%

High-School Grad

295.5 sq mi

ZIP Area

60

Density / Sq Mi

$104,250

Median Household Income

$58,758

Median Earnings

$1,391

Median Rent

$300,400

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

Questions? Ask Rey

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What type of property is this? Where is this retail properties & spaces located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

Where is this retail property located?

The property is located at 5289 Rice Lake Rd Duluth, MN.

What is the asking price?

The asking price for this property is $895,000.

What are key features of this property?

This property features: Excellent visibility and convenient access on Highway 4.; Multi‑use building suitable for retail, storage, or rental units.; Spacious upper level with potential for conversion into rental units.