1321 Commonwealth AveDuluth, MN 55808

For Sale
$349,500

Prime Duluth location, bar & apartments. High rental income potential.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional mixed-use property at 1321 Commonwealth Ave in Duluth, Minnesota, presents a compelling business and investment opportunity. The 3,216 square foot building, constructed in 1916, boasts a fully operational bar featuring original wood finishes, stand-up beer coolers, a walk-in keg cooler, and a soda cooler. Adding to its appeal is a fenced outdoor recreation area complete with fire pits, horseshoe pits, and a band stage, perfect for hosting events without needing party permits. The property also includes two apartments, providing additional rental income streams. Conveniently located near public transportation and local stores, this property offers significant advantages. The sale includes the existing rental license, fixtures, and equipment. Recent improvements include a 2023 remodel of the bar's bathrooms. Ample parking is available with 14 off-street spots and a two-car garage providing extra storage. The property is zoned for business/commercial use. This is a rare chance to own a thriving business and generate substantial rental income. Don't miss this opportunity to establish your own business in a desirable Duluth location.

Property Details for 1321 Commonwealth Ave

Property type
Other mixed-use properties, Mixed-use properties
Square Feet
3,216 SF
Year Built
1916

Location Insight

City
Duluth
County
St Louis
State
Minnesota
Latitude
46.6711707
Longitude
-92.226757
1321 Commonwealth Ave, Duluth, Minnesota
Leaflet | © OpenStreetMap contributors

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1321 Commonwealth Ave
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