1403 Avenue C Active

Cloquet,MN 55720

$ 1800000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Northwest Paper Co Add

MLS Listing ID 6637918

Year Built 1951

Annual Tax Amount $24,202

Tax Year 2024

Contingent None

Lot Size 9,147 Sqft

Acres 0.21

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.

Location

State MN

County Carlton

Zoning Business/Commercial

Interior

Heating Heat Pump

Inclusions Building,Business,Fixture/Equipment,Land,Leases

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate,Heating Separate,Hot Water Separate

Present Use Bed & Breakfast,Commercial,Office,Professional Service,Vacant

Building

Foundation 5724

Sewer City Sewer - In Street

Water City Water - In Street

Structure Type Brick/Stone

Schools

School District Cloquet

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