701-731 4Th St Duluth, MN 55805
- Commercial real estate
- 1.29 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 701-731 4Th St
- Year built
- 1983
- Lot size
- 1.29 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.29-acre commercial property, located at 701-731 E 4th St in Duluth, Minnesota, presents a unique investment opportunity. Situated on a main thoroughfare, East 4th Street, this property benefits from high visibility and significant traffic volume. Its strategic location offers easy access to a substantial customer base, with the proximity to two major hospitals and their associated clinics just three blocks in either direction. This ensures a consistent flow of potential clients and employees. The property is zoned F6, providing flexibility for a wide range of commercial uses, allowing for diverse business ventures. The expansive 1.29-acre lot offers ample space for development or expansion, catering to various business needs and future growth. The asking price for this prime commercial real estate is $980,000. This presents a compelling opportunity to establish or expand a business in a thriving Duluth location, capitalizing on the high traffic and strategic proximity to major healthcare facilities. The F6 zoning allows for a multitude of uses, making this property suitable for a variety of commercial enterprises. Serious inquiries are encouraged to explore the potential of this exceptional property. The property's size and location make it an ideal investment for those seeking a strong foothold in the Duluth commercial market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- St. Louis County
- State
- Minnesota
- Longitude
- -92.094
- Latitude
- 46.7966