1601 Maple Grove RdDuluth, MN 55811

For Sale
$595,000

Prime Duluth commercial land, high rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial land parcel, located at 1601 & 1517 Maple Grove Rd, Duluth, MN 55811, presents a unique investment opportunity. Encompassing approximately 0.91 to 1.24 acres (APN: 010-2240-00010, 010-2230-05680, 010-2230-05640), this property is zoned MU-C & MU-N, allowing for a variety of uses. The land's strategic location in the highly desirable Miller Hill area offers excellent visibility and accessibility. While the parcel slopes towards the rear, a significant portion provides ample usable space along Joshua Avenue and Maple Grove Road. The property's potential includes residential multi-family development and numerous retail and service businesses. Existing structures could generate rental income or be converted for office space, capitalizing on the area's strong rental market demand. This prime location offers significant potential for substantial returns. The asking price for this remarkable property is $595,000. Don't miss this chance to acquire a piece of Duluth's thriving commercial landscape.

Highlights

  • Flexible use: Ideal for rental income or conversion to office space.
  • High rental demand: Excellent location within the desirable Miller Hill area, commanding strong rental rates.

Property Details for 1601 Maple Grove Rd

Property type
Other land, Residential income homes
Lot Size (sq. ft)
39,640 SF

Location Insight

City
Duluth
County
St. Louis
State
Minnesota
Latitude
46.8078176
Longitude
-92.1580823
1601 Maple Grove Rd, Duluth, Minnesota

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1601 Maple Grove Rd
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