1623 London RdDuluth, MN 55812
- Commercial real estate
- 3,520 SF
Property Details for 1623 London Rd
- Year built
- 1981
- Property size (Sq ft)
- 3,520 SF
- Property type
- Commercial real estate
- APN
- 010-1460-03610
- APU
- 10146003610
Description
This exceptional restaurant opportunity in Duluth, Minnesota, is located at 1623 London Road. The property offers 3,520 square feet of above-grade space, complemented by a full, finished basement, providing significant operational flexibility. Built in 1981, the building sits on a substantial 19,600 square foot lot, offering ample parking for customers and staff. The asking price is $995,000, translating to $282.67 per square foot. Its prime location on London Road ensures high traffic and excellent visibility, making it an ideal site for a thriving restaurant business. The property's single unit and convenient parking are key advantages in a competitive market. The property's APN is 010-1460-03610 / 03600 / 03620. This presents a rare chance to establish or expand a successful culinary venture in a high-traffic area of Duluth. The property's size and location make it a strong investment opportunity with significant potential for return. Don't miss this chance to own a piece of Duluth's vibrant business scene.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $740,761
- Hospitality
- $678,533
- Educational
- $564,532
- Medical
- $583,947
- Retail
- $878,160
Location Insight
- City
- Duluth
- County
- St. Louis
- State
- Minnesota
- Latitude
- 46.8016
- Longitude
- -92.0757
- CBSA code
- 20260
- CBSA name
- DULUTH, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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