For Sale
$850,000

1309 Avenue C Cloquet, MN 55720

18,812 SF Flex Space, $850,000

Overview

Added:
Dec 11, 2024
Days on market:
137
This versatile 18,812 square foot mixed-use building in Cloquet, Minnesota, presents a unique investment opportunity. Situated on a 31,822 square foot lot, this single-tenant property boasts a prime C-2 General Business zoning designation. Originally constructed in phases between 1935 and 1955, with significant renovations in 1995, the building features a blend of office and warehouse/production space. The layout includes ten offices and three bathrooms, offering flexibility for various business needs. Office space is easily reconfigurable to suit specific requirements. The expansive warehouse area comprises two large wings, each with impressive 14-15 foot ceilings, ideal for warehousing or light manufacturing. The property benefits from excellent loading capabilities, including a semi-loading dock, a parcel dock, and three additional overhead doors. The west wing received a complete roof and HVAC system upgrade in 2019, further enhancing its functionality. Additional features include air compressors and three-phase power. The asking price is $850,000, a significant savings compared to the estimated $6 million+ cost of new construction. This NNN lease property offers a compelling opportunity for owner-occupancy or investment. The property's history includes use as light manufacturing (K1 Sportswear) and retail, demonstrating its adaptability to diverse business models.

Highlights

  • $850,000 asking price for this 18,812 square foot multi-use building.
  • Located in Cloquet, MN, this property is zoned C-2 General Business and features a mix of flex, manufacturing, and retail space.
  • The building includes four loading docks (one semi-loading dock, one parcel dock, and two overhead doors).
  • The interior offers 10 offices, 3 bathrooms, and easily adaptable office space.
  • Two large warehouse/production areas feature 14-15 foot ceilings.
  • The west wing has a new roof and HVAC system (2019), air compressors, and 3-phase power.

Property Details for 1309 Avenue C

Property type
Retail properties, Mixed-use properties
Square Feet
18,812 SF
Year Renovated
1995
Buildings
1

Location Insight

City
Cloquet
County
Carlton
State
Minnesota
Latitude
46.722208277887
Longitude
-92.449615456597

FAQs

What type of property is this?
Retail property - 18,812 SF Flex Space, $850,000
Where is the retail property located?
The property is located at 1309 Avenue C Cloquet, MN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: $850,000 asking price for this 18,812 square foot multi-use building.; Located in Cloquet, MN, this property is zoned C-2 General Business and features a mix of flex, manufacturing, and retail space.; The building includes four loading docks (one semi-loading dock, one parcel dock, and two overhead doors).
How can I contact the broker?
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1309 Avenue C
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