2 W 1st St - Storefront FOR SALE


Duluth, MN 55802- Downtown Duluth
$1,825,000 USD
218-310-0013
2 W 1st St, Duluth, MN for Sale
$1,825,000 USD
Storefront - FOR SALE
1/66
null | Request Cap Rate

2 W 1st St
Duluth, MN 55802
Downtown Duluth


HIGHLIGHTS

  • Secure, Tenant-Focused Access
  • Modern Building Systems

OVERVIEW

Located at 2 West 1st St in Duluth, MN, this fully redeveloped 14,275 SF Class-A office building offers a rare blend of historic character and modern infrastructure. Originally built in 1912, the property has been completely gutted and rebuilt with all-new finishes, systems, and fittings, including a new elevator, third floor addition, and a striking main entry lobby. Recent upgrades include new energy-efficient windows and doors, EPDM roof, masonry repairs, restored historic cornice, all-new HVAC, plumbing, electrical, fiber connectivity, life-safety systems, and a full fire sprinkler system. Tenants benefit from dedicated or centrally metered HVAC, separate power meters, secure building access, and ample parking via the adjacent Tech Village Ramp. Situated on a 100×60 lot, the property is offered at $1,825,000 with 2026 taxes of $34,190, presenting a turnkey opportunity in Downtown Duluth.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$152 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

-

APN/PARCEL ID

010094000610

ASK ABOUT THIS PROPERTY

Greg FollmerGreg Follmer Commercial Real EstateMore Info
218-310-0013

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Greg FollmerGreg Follmer Commercial Real EstateMore Info
218-310-0013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.