Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1832 Superior St W Duluth, MN 55806

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1832 Superior St W Duluth, MN 55806

    View on Map
    • Retail space
    For Lease
    $30 SF/Yr
    View Listing →
    Enger Lofts Retail Space For Lease
    $30 SF/Yr
    1,200 SF

    Enger Lofts Retail Space

    Prime retail space in Lincoln Park Craft District for rent.

    1832 Superior St W, Duluth, MN
    View Listing
    Property ID
    US46-0437442
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Waypoint Collective / Vacation Rental / Real Estate Agency
    • Liila Boutique / Clothing & Fashion Store
    • Ren Market / Department Store / Grocery & Convenience Store
    • Goat Hill Marketplace / Food Market / Farmer's Market
    • Enger Lofts Hotel & Marketplace / Hotel & Motel

    Property Details for 1832 Superior St W

    Property type
    Retail space
    Property subtype
    Storefront properties

    Description

    This exceptional street retail space, located within the vibrant Enger Lofts in the Lincoln Park Craft District of St. Louis County, presents a unique opportunity for businesses seeking high visibility and a thriving customer base. Situated in a rapidly growing area known for its trendy atmosphere and strong community engagement, this multiple-tenancy property offers unparalleled access to a dense concentration of foot traffic. The location is ideal for businesses seeking to tap into the energy of a walkable neighborhood brimming with craft businesses and small enterprises. The property is part of the Enger Lofts development, a testament to the area's revitalization and ongoing success. This is a chance to establish a presence in a destination that attracts a significant number of visitors daily, providing excellent potential for brand awareness and customer interaction. The space is categorized as street retail, ensuring maximum exposure and accessibility for potential customers. This property is perfect for businesses looking to thrive in a dynamic and exciting environment. The location's popularity and the high volume of pedestrian traffic make it an exceptional investment opportunity for businesses seeking to capitalize on the area's growth and appeal. The Enger Lofts development itself contributes to the overall desirability of the location, offering a cohesive and attractive setting for businesses. This is a chance to become part of a thriving community and a rapidly developing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Duluth
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.1213261
    Latitude
    46.7688404

    Comparable in this City

    • Contact for pricing
      1,200 SF

      Enger Lofts Retail Space

      Prime retail space in Lincoln Park Craft District for rent.
      1832 Superior St W, Duluth, MN 55806
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Lincoln Park

      Retail space available in Duluth's Lincoln Park Arts & Crafts District.
      2022 W Superior St, Duluth, MN 55806
      View Details
    • Contact for pricing
      20,000 SF

      Downtown Duluth Redevelopment Opportunity

      Large street-level space in developing Lincoln Park craft district.
      1701 W Michigan St, Duluth, MN 55806
      View Details
    • Contact for pricing
      18,000 SF

      Duluth Warehouse Near Industrial Core

      Dock warehouse space available in Duluth's industrial area.
      2701-2815 Courtland St, Duluth, MN 55806
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      37,000 SF

      Massive Redevelopment Opportunity in Duluth

      37,000 SF property ready for redevelopment in vibrant neighborhood.
      2032 W Superior St, Duluth, MN 55806
      View Details
    • New
      $110,000
      0.35 Acres

      Duluth Land Development Opportunity

      Prime building site with spectacular views and urban convenience.
      W 10Th St, Duluth, MN 55806
      View Details
    • $30,000
      0.06 Acres

      Residential Lot in Duluth, MN

      2613 sqft lot near Canal Park, AMSOIL Arena.
      W 3Rd St, Duluth, MN 55806
      View Details
    • Contact for pricing
      4,130 SF

      East Duluth Two-Story Office Building

      Two-story office building with parking in a prime location.
      1522 E Superior St, Duluth, MN 55806
      View Details
    • $275,000
      2,920 SF

      Corner Lot Mixed-Use Opportunity

      Value-add property with potential for three income streams.
      2502 W 3Rd St, Duluth, MN 55806
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Enger Lofts Retail Space

      Prime retail space in Lincoln Park Craft District for rent.
      1832 Superior St W, Duluth, MN 55806
      View Details
    • Contact for pricing
      4,000 SF

      Retail Space in Lincoln Park

      Retail space available in Duluth's Lincoln Park Arts & Crafts District.
      2022 W Superior St, Duluth, MN 55806
      View Details
    • Contact for pricing
      20,000 SF

      Downtown Duluth Redevelopment Opportunity

      Large street-level space in developing Lincoln Park craft district.
      1701 W Michigan St, Duluth, MN 55806
      View Details
    • Contact for pricing
      18,000 SF

      Duluth Warehouse Near Industrial Core

      Dock warehouse space available in Duluth's industrial area.
      2701-2815 Courtland St, Duluth, MN 55806
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1832 Superior St W
    Duluth, MN 55806
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    1832 Superior St W, Duluth, MN, 55806

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!