1321 Commonwealth Ave Duluth, MN 55808
- Commercial real estate
- 3,216 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1321 Commonwealth Ave
- Year built
- 1916
- Property size
- 3,216 SF
- Property type
- Commercial real estate
Description
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.
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
- State
- Minnesota
- Longitude
- -92.226757
- Latitude
- 46.6711707
