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Property profile & analytics

5906 Old Miller Trunk Hwy Duluth, MN 55811

  • Commercial real estate
  • 6,808 SF
  • 3.30 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US46-3022709
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.

Current Use by Public Records

  • Cast Iron / Bar & Pub / Restaurant

Property Details for 5906 Old Miller Trunk Hwy

Year built
1979
Lot size
3.30 lot acres
Property size
6,808 SF
Property type
Commercial real estate
APN
380-0010-08115
APU
380001008115

Description

This exceptional mixed-use property in Duluth, Minnesota, presents a compelling investment opportunity. Located at 5906 Old Miller Trunk Hwy, this 13,548 square foot building currently houses the Cast Iron Bar & Grill restaurant and sits on a generous 4.04-acre lot. The asking price is $795,000, translating to $58.68 per square foot. The property boasts a recently installed roof with a 20-year warranty, a resurfaced blacktop parking area, and significant recent upgrades to the restaurant itself. Other features include steel siding, a substantial outdoor patio ideal for dining or events, and a garage currently used for storage and outdoor functions. The property is zoned MU-4 & RES-9, offering flexibility for a variety of uses, including continued operation as a restaurant, redevelopment, or other commercial ventures. The existing building is in excellent condition, making it an attractive turnkey opportunity for a new owner. Parcel numbers are 380-0010-07610 and 380-0010-08115. This prime location in Duluth, with its ample space and versatile zoning, presents significant potential for future growth and profitability. The property's size and existing infrastructure make it an ideal candidate for expansion or adaptation to suit a wide range of business needs. This is a rare chance to acquire a well-maintained, established property with significant upside potential in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,158,000
    Market price range: $642k - $2.31M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $1,325,000
    Current use
    INDUSTRIAL (GENERAL)
    $1,405,000
    Change: +6% Conversion: Moderate

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


Location Insight

  • Map
  • Local Demand
City
Duluth
County
St. Louis
State
Minnesota
Longitude
-92.3031
Latitude
46.8578
CBSA code
20260
CBSA name
DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,066
$48,900
$555,500
$604,400
-
$48,900
$555,500
$604,400
More about this property
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