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    5 3Rd Ave Duluth, MN 55802

    Sponsored
    For Lease
    $18 SF/Yr ($3,444 /Mo)

    Downtown Duluth Office Space: 5 Suites Available

    Lot size:
    2,296 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    The Beal Building, located at 5 N 3rd Ave W in Duluth, Minnesota, 55802, offers 2,296 square feet of executive office space currently available for lease. This multi-tenant building boasts recently completed exterior renovations, restoring its prominent position in Duluth's central business district. The building provides convenient and climate-controlled access via skywalk connections to nearby services and parking. Five individual suites are available, ranging in size from a minimum of 148 square feet to a maximum contiguous space of 1,069 square feet. The entire building is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease individual suites. Full-service leases and build-to-suit options are available to accommodate diverse business needs. The property is situated in St. Louis County and offers a prime location within the heart of Duluth's commercial activity. This is an exceptional opportunity to establish a presence in a revitalized, well-connected building. Inquire today to learn more about leasing options and explore the possibilities of making the Beal Building your new business address.

    Property Features for 5 3Rd Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,296 SF
    Total Rate
    3444

    Unit(s) available at that property

    Space
    Suite 405
    Size
    148 SF
    Space
    Suite 410
    Size
    1,069 SF
    Space
    Suite 150
    Size
    893 SF
    Rate per SF
    $18
    Space
    Suite 407
    Size
    153 SF
    Space
    Suite 402
    Size
    926 SF

    HighLights

    • 2,296 SF of executive office space available for lease in Duluth, MN's central business district.
    • Recently renovated building with convenient skywalk access to parking and amenities.
    • Five suites available, ranging from 148 SF to 1,069 SF contiguous.
    • Full‑service leases and build‑to‑suit options available.
    • Prime location with numerous nearby retail services and restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stockman Law Office Personal Injury Attorney Genesis Recovery Mental Health Clinic Katie Giblin - Ameriprise ... Financial Planner Terch & Associates Human Resource Consulting Tidal Wealth Advisors Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.1023545
    Latitude
    46.7841319

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    FAQs

    What type of property is this?
    Office Property / Space - Downtown Duluth Office Space: 5 Suites Available
    Where is this office property / space located?
    The property is located at 5 3Rd Ave Duluth, MN.
    What is the lease rate?
    The lease rate is $0.00-$18 SF/Yr.
    What are key features of this property?
    This property features: 2,296 SF of executive office space available for lease in Duluth, MN's central business district.; Recently renovated building with convenient skywalk access to parking and amenities.; Five suites available, ranging from 148 SF to 1,069 SF contiguous.
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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
    5 3Rd Ave Duluth, MN 55802
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