1017 Central EntranceDuluth, MN 55811

For Sale
$2,650,000

High-Traffic Duluth Retail Center

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a fully leased, two-story retail building totaling 5,849 square feet (with potential expansion to 6,000 sq ft) situated on a 0.27-acre lot (11,160 sq ft) in Duluth, Minnesota. The property, constructed in 1994 and extensively renovated, enjoys a prime location on West Central Entrance, a high-traffic corridor boasting 21,548 vehicles per day (2023 data). The building features 14 dedicated parking spaces, supplemented by reciprocal access agreements with neighboring lots, ensuring ample parking for tenants and customers. The tenant roster includes a mix of established businesses, anchored by a long-term national tenant, Cold Stone Creamery, and further complemented by Lake Superior Dispensary and Edward Jones. All tenants operate under triple-net (NNN) leases, providing a passive income stream and minimizing landlord responsibilities. This presents a rare chance to acquire a stable, high-performing asset in a thriving commercial area, offering both immediate returns and significant long-term growth potential. The property's strong tenant mix, excellent visibility, and convenient location make it an ideal investment for those seeking a low-maintenance, high-yield commercial property in a dynamic Duluth market. The asking price is $2,650,000.

Property Details for 1017 Central Entrance

Property type
Retail properties, Other retail properties
Year Built
1994
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Duluth
County
St. Louis County
State
Minnesota
Latitude
46.80387
Longitude
-92.15093
1017 Central Entrance, Duluth, Minnesota

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1017 Central Entrance
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