2301 Commonwealth AveDuluth, MN 55808

Property Details for 2301 Commonwealth Ave

Year built

1985

Lot size

13.55 AC

Property size (Sq ft)

20,000 SF

Property type

Manufacturing properties

APN

010-2746-01230

APU

10274601230

Description

This exceptional industrial property in Duluth, Minnesota, presents a rare opportunity for investors and businesses alike. Located at 2301 Commonwealth Ave, this expansive site encompasses 23 acres and features three buildings totaling 33,656 square feet. Currently configured as a foundry, the property offers significant potential for a variety of manufacturing and warehousing uses. The asking price is $1,900,000, translating to $56.45 per square foot. The property is zoned MU-B, allowing for flexibility in future development plans. Convenient access to Interstate 35 ensures seamless transportation and logistics. The property includes three separate buildings, providing ample space for diverse operations or expansion. Parcel numbers are 010-2746-01215, 01230, and 01300. Situated in St. Louis County, this location offers a strategic advantage within the Duluth market. The property's size and zoning provide a strong foundation for long-term growth and profitability. This is a unique opportunity to acquire a substantial industrial property with significant upside potential in a desirable location. The property's current configuration as a foundry provides a solid base for continued operation or redevelopment to suit a variety of industrial needs. The expansive lot size offers ample room for expansion or future development. The convenient access to Interstate 35 is a key advantage for businesses requiring efficient transportation links.

• Alternative Use

  Use

  Valuation

  Residential

  $4,208,870

  Hospitality

  $3,855,302

  Educational

  $3,207,566

  Medical

  $3,317,879

  Retail

  $4,989,546

Location Insight

City

Duluth

County

St. Louis

State

Minnesota

Latitude

46.6804

Longitude

-92.2297

CBSA code

20260

CBSA name

DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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