5906 Old Miller Trunk HwyDuluth, MN 55811

  • Commercial real estate
  • 6,808 SF
For Sale
$795,000 View listing

Property Details for 5906 Old Miller Trunk Hwy

Year built
1979
Lot size
3.30 AC
Property size (Sq ft)
6,808 SF
Property type
Commercial real estate
APN
380-0010-08115
APU
380001008115

Description

This exceptional mixed-use property in Duluth, Minnesota, presents a compelling investment opportunity. Located at 5906 Old Miller Trunk Hwy, this 13,548 square foot building currently houses the Cast Iron Bar & Grill restaurant and sits on a generous 4.04-acre lot. The asking price is $795,000, translating to $58.68 per square foot. The property boasts a recently installed roof with a 20-year warranty, a resurfaced blacktop parking area, and significant recent upgrades to the restaurant itself. Other features include steel siding, a substantial outdoor patio ideal for dining or events, and a garage currently used for storage and outdoor functions. The property is zoned MU-4 & RES-9, offering flexibility for a variety of uses, including continued operation as a restaurant, redevelopment, or other commercial ventures. The existing building is in excellent condition, making it an attractive turnkey opportunity for a new owner. Parcel numbers are 380-0010-07610 and 380-0010-08115. This prime location in Duluth, with its ample space and versatile zoning, presents significant potential for future growth and profitability. The property's size and existing infrastructure make it an ideal candidate for expansion or adaptation to suit a wide range of business needs. This is a rare chance to acquire a well-maintained, established property with significant upside potential in a desirable location.

5906 Old Miller Trunk Hwy, Duluth, Minnesota

Location Insight

City
Duluth
County
St. Louis
State
Minnesota
Latitude
46.8578
Longitude
-92.3031
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
$15,066
$48,900
$555,500
$604,400
-
$48,900
$555,500
$604,400

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