5019 Ramsey StDuluth, MN 55807
- Commercial real estate
- 1,350 SF
Property Details for 5019 Ramsey St
- Year built
- 1922
- Property size (Sq ft)
- 1,350 SF
- Property type
- Commercial real estate
- APN
- 010-4530-03150
- APU
- 10453003150
Description
This exceptional 1,350 square foot creative office space, located at 5019 Ramsey St in Duluth, Minnesota, presents a unique investment opportunity. Built in 1922, this single-story building sits on a large lot offering ample parking and excellent signage potential. The property boasts prime highway visibility due to its proximity to I-35, ensuring high traffic exposure for any business. The interior has been renovated, providing a modern and functional workspace. The asking price is $275,000, translating to $203.70 per square foot. The property features one unit within a single building, identified by APN 010-4530-03150 / 03180. Its location in St. Louis County, with a zip code of 55807, offers easy access to Duluth's amenities and transportation networks. Ideal for a small business owner seeking a high-profile location or an investor looking for a strong rental property, this renovated building combines historic charm with modern functionality. The substantial lot size provides significant flexibility for future expansion or outdoor use. This is a rare opportunity to acquire a well-located, renovated commercial property in a desirable area of Duluth.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $284,099
- Hospitality
- $260,233
- Educational
- $216,511
- Medical
- $223,957
- Retail
- $336,794
Location Insight
- City
- Duluth
- County
- St. Louis
- State
- Minnesota
- Latitude
- 46.7392
- Longitude
- -92.1609
- CBSA code
- 20260
- CBSA name
- DULUTH, MN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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