5722 Homestead RdDuluth, MN 55804

For Sale
$689,900
Prime Duluth location, multi-use building, 2400 sq ft.

Overview

Added:
Feb 3
Days on market:
71
This exceptional commercial property, located at 5722 Homestead Rd in Duluth, MN, presents a unique investment opportunity. Situated on a spacious 2.45-acre lot, this well-maintained building offers 2400 square feet of versatile space. Constructed in 1993 by Minde Log Constructions using old-growth pine logs harvested from McGregor, MN, the building boasts impressive craftsmanship and enduring quality. The property features a newer roof and seamless gutters, ensuring long-term durability. A highly efficient geo-thermal/in-slab heating system, combined with air conditioning throughout, provides year-round climate control. Security wiring and a sprinkler system enhance safety and protection. Currently configured as a multi-tenant structure with four units, two of which are currently leased, this property offers immediate income potential. Pending approval from Duluth Township, the property may also be suitable for short-term rentals, expanding its revenue possibilities. Its strategic location, midway between Duluth and Two Harbors, and convenient access to North Shore Scenic Drive and Highway 61, provide exceptional visibility and accessibility. This property is ideal for a variety of commercial uses and represents a compelling investment in a thriving area.

Property Details for 5722 Homestead Rd

Property type
Commercial real estate
Year Built
1993
Lot Size (sq. ft)
106,722 SF

Location Insight

City
Duluth
County
St. Louis County
State
Minnesota
Latitude
46.92664
Longitude
-91.84654
5722 Homestead Rd, Duluth, Minnesota

FAQs

What type of property is this?
Commercial real estate - Prime Duluth location, multi-use building, 2400 sq ft.
Where is the commercial real estate located?
The property is located at 5722 Homestead Rd Duluth, MN.
What is the asking price?
The asking price for this property is $689,900.
How can I contact the broker?
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5722 Homestead Rd
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