345 Canal Park DrDuluth, MN 55802

  • Commercial real estate
  • 4,839 SF
For Sale
$500,000 View listing

Property Details for 345 Canal Park Dr

Year built
1918
Property size (Sq ft)
4,839 SF
Property type
Commercial real estate
APN
010-0358-00010
APU
10035800010

Description

This exceptional 3,026 square foot mixed-use property, located at 345 Canal Park Drive Unit 200 in Duluth, Minnesota, presents a unique investment opportunity. Situated on a 0.07-acre lot in the heart of Canal Park, this property offers unparalleled access to Lake Superior, the Lift Bridge, vibrant restaurants, and shopping. The building, an original Marshall Wells structure, boasts exposed brick and beams, adding to its historical charm and character. Currently configured as office space, this versatile property offers immense potential for conversion into a large residential space (over 3,000 square feet) or even two separate units, allowing for diverse uses to suit individual needs. Imagine enjoying breathtaking views of the Grandmas Marathon finish line from a spacious balcony, or creating an expansive deck in the rear. The property's prime location and flexible layout make it an ideal choice for both business owners and residential buyers seeking a unique and desirable Duluth address. This is a chance to own a piece of Duluth history and capitalize on the thriving Canal Park area. The asking price is $500,000. Don't miss this rare opportunity to acquire a truly special property in a highly sought-after location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,018,336
    Hospitality
    $932,790
    Educational
    $776,071
    Medical
    $802,761
    Retail
    $1,207,221
345 Canal Park Dr, Duluth, Minnesota

Location Insight

City
Duluth
County
St. Louis
State
Minnesota
Latitude
46.783
Longitude
-92.0947
CBSA code
20260
CBSA name
DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$19,978
$80,300
$529,800
$610,100
-
$80,300
$529,800
$610,100

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].