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28 photos
Additional details
$1,710,000
Est. payment /mo
8,712 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,712 sqft
Price per Sqft $196
Subdivision Northwest Paper Co Add
MLS Listing ID 6637918
Year Built 1951
Annual Tax Amount $24,202
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 150x207x150x211
Property Description
Investment Opportunity 25 minutes South of Duluth. The Union Lofts is a historic, completely renovated 2 story building featuring 3 commercial suites and 10 apartments. Commercial suites are fully leased and 7 of the apartments are operating as a boutique hotel and being sold completely furnished. Includes an additional lot with the option to build on.
Commercial units provide private ADA bathroom, heating & air conditioning with unit controlled thermostat, private main level entrance, onsite parking.
Apartments/ Furnished Rentals include secure entrance, 13' ceiling heights, in-unit washer and dryer, 111\ail room, heating and central air, air exchanger, separate utilities per unit, fully furnished and operational boutique hotel. There are 6 studio apartments and 1-1 bedroom. Three additional apartments partially complete.
Commercial units provide private ADA bathroom, heating & air conditioning with unit controlled thermostat, private main level entrance, onsite parking.
Apartments/ Furnished Rentals include secure entrance, 13' ceiling heights, in-unit washer and dryer, 111\ail room, heating and central air, air exchanger, separate utilities per unit, fully furnished and operational boutique hotel. There are 6 studio apartments and 1-1 bedroom. Three additional apartments partially complete.
Location
State MN
County Carlton
Community Northwest Paper Co Add
Direction N on 694 to 35E toward Duluth, take exit 237 to Cloquet on highway 33, N on 14th St, Right on Avenue C
Interior
Heating Heat Pump
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Accessibility Fully Wheelchair
Building
Water City Water - In Street
Others
Senior Community No
Tax ID 063050020
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Listed by Edina Realty, Inc.
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