1611 Maple Grove Rd Duluth, MN 55811
- Commercial real estate
- 4.40 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1611 Maple Grove Rd
- Lot size
- 4.40 lot acres
- Property type
- Commercial real estate
- APN
- 010-2240-00020 +00030+000380
Description
This exceptional 4.4-acre commercial land parcel, located at 1611-1633 Maple Grove Rd, Duluth, MN 55811 (APN: 010-2240-00020 +00030+000380), presents a unique investment opportunity in a rapidly developing area. Zoned MU-C, the property boasts excellent visibility and accessibility, situated on a recently reconstructed Maple Grove Rd designed to direct traffic flow from the highway. Surrounded by thriving businesses, including newly constructed apartments (District Flats), a La Quinta Inn, Affinity Credit Union, and a soon-to-open Fairfield Inn and Suites, this location benefits from significant momentum and increased traffic. Utilities are readily available, including City of Duluth water, gas, sewer, and electricity provided by MN Power. The ample lot size allows for substantial building development, ample parking, and convenient ingress/egress. With over 200 neighboring businesses, this property offers a strategic advantage for expansion or new business establishment in the Miller Hill area, where available land is becoming increasingly scarce. This is an exceptional opportunity to capitalize on the growth and development within this dynamic commercial corridor. The asking price is $1,000,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Duluth
- County
- St. Louis
- State
- Minnesota
- Longitude
- -92.1591474
- Latitude
- 46.8077807