4501 E Superior St - Freestanding FOR SALE


Duluth, MN 55804- Lakeside/Lester Park
$499,900 USD
218-428-0861
4501 E Superior St, Duluth, MN for Sale
$499,900 USD
Freestanding - FOR SALE
1/22
null | Request Cap Rate

May '27


4501 E Superior St
Duluth, MN 55804
Lakeside/Lester Park


HIGHLIGHTS

  • Fully renovated commercial building in Duluth’s Lakeside neighborhood
  • Building-only sale; ideal for investor or future owner-user
  • Currently leased at $4,200/month through 05/31/2027

OVERVIEW

Exceptional opportunity to own a fully renovated commercial building in Duluth’s Lakeside neighborhood at 4501 E Superior St. This retail property sits on a lot with strong visibility and proximity to the biking and hiking trail alongside Superior St, and traffic exposure, making it ideal for retail, office, or service-based use. With $190,000+ in improvements that include structural reinforcement, updated plumbing and sewer lines, new 200-amp electrical service with 3-phase power, commercial-grade flooring, updated bathroom, exterior paint, and major mechanical upgrades - providing long-term functionality and durability. Offered for sale as building only, this is a turnkey opportunity for an owner-user or investor seeking a prime Lakeside location. This property is leased for $4,200 monthly (Lease expiration 05/31/2027) plus tenant pays utilities and owner pays taxes and building coverage insurance.

FOR SALE DETAILS

PRICE

$499,900 USD

PRICE/SF

$545 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

CROSS STREETS

N.45th Ave.E.

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

010301000890

ASK ABOUT THIS PROPERTY

Jordan DeCaroRE/MAX Results Eden PrairieMore Info
218-428-0861

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

Jordan DeCaroRE/MAX Results Eden PrairieMore Info
218-428-0861

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