You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR SALE
Manufacturing properties

2301 Commonwealth Ave Duluth, MN 55808

20,000 SF 13.55 ac lot Built 1985
Entity Owned 4-yr Hold Free & Clear
Property ID
US46-3044534
Property summary
AI-generated overview

This exceptional industrial property in Duluth, Minnesota, presents a rare opportunity for investors and businesses alike. Located at 2301 Commonwealth Ave, this expansive site encompasses 23 acres and features three buildings totaling 33,656 square feet. Currently configured as a foundry, the property offers significant potential for a variety of manufacturing and warehousing uses. The asking price is $1,900,000, translating to $56.45 per square foot. The property is zoned MU-B, allowing for flexibility in future development plans. Convenient access to Interstate 35 ensures seamless transportation and logistics. The property includes three separate buildings, providing ample space for diverse operations or expansion. Parcel numbers are 010-2746-01215, 01230, and 01300. Situated in St. Louis County, this location offers a strategic advantage within the Duluth market. The property's size and zoning provide a strong foundation for long-term growth and profitability. This is a unique opportunity to acquire a substantial industrial property with significant upside potential in a desirable location. The property's current configuration as a foundry provides a solid base for continued operation or redevelopment to suit a variety of industrial needs. The expansive lot size offers ample room for expansion or future development. The convenient access to Interstate 35 is a key advantage for businesses requiring efficient transportation links.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1985
Total area 20,000 SF
Lot 13.55 ac (590,238 SF)
APN 010-2746-01230
UPID US46-3044534
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Duluth Brass Manufacturing Building Supply Metal Fabrication Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Store It Self Storage LLC · 4 yrs held
Store It Self Storage LLC
since 2021
Last sale
$85,000
4 recorded transactions
2021
$85,000
2019
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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