Tom Engel - Managing Broker

Tom Engel - Managing Broker

(763) 416-2423



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232 N Central Avenue N, Duluth, MN 55807

$999,999
MLS# 7025927
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Tom Engel - Managing Broker

Tom Engel - Managing Broker
Call: (763) 416-2423

STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: West Duluth 1st Div
SCHOOL: Duluth
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Property Description

Exceptional Mixed-Use Investment Property. Rare opportunity to own a versatile commercial/residential building, located next to a high traffic regionalgrocery store in the thriving West Duluth Business District. Property is located next to bars/restaurants, movie theatre, grocery store, liquor store, gasstations, and more. This expansive residential unit offers generous living areas and includes a private racquetball court, full size indoor swimming pool,bar/pool table and steam room. The flexible layout provides excellent potential for owner-occupancy, long-term rental, or lucrative short-term rentalincome. The residential space comes complete with heated indoor parking garage, private residential elevator, two kitchens, 3 large sun decks, and a fireplace. The commercial unit is currently utilized as a laundromat, but the space lends itself to a variety of retail, franchise, or office options.Seller is open to leaving laundry machines or removing them based on buyers needs. Whether you're looking to expand your portfolio or create a live/work investment

232 N Central Avenue N | MLS# 7025927

This commercial property located at 232 N Central Avenue N, Duluth, MN 55807 is currently listed for sale with an asking price of $999,999. N Central Avenue N is located within the Duluth school district. Search Duluth real estate on tengel.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Central Air, Ductless Mini-Split
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Lot Size: 0.30 Acres
Roof Type: Flat
Taxes: $10,298
Year Built: 1991

Feature Descriptions

Appliances: Dishwasher, Gas Water Heater, Microwave, Range, Stainless Steel Appliances
Basement: Full
Current Use: Laundromat, Residential
Days on Site: 1
Foundation Size: 6250
Handicap Accessible: Accessible Elevator Installed
Lot: Public Transit (w/in 6 blks), Corner Lot
Lot Dimensions: 50x130 + 50x166
Parcel#: 010447002880
Parking: Parking Lot, Tuckunder Garage
Road Frontage: City Street
Sale Includes: Building, Land
Sewer: City Sewer/Connected
Units: 1
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: City Water/Connected

Local Schools

School District: Duluth

Listed By / Shown By

Listed By

Shown By

Agent Name: Tom Engel - Managing Broker
Agent Phone: (763) 416-2423
Agency Title: Counselor Realty

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