925 Superior StDuluth, MN 55802

Property Details for 925 Superior St

Year built

1978

Property size (Sq ft)

12,834 SF

Property type

Commercial real estate

APN

010-3830-01220

APU

10383001220

Description

This exceptional office opportunity is located at 925 East Superior Street, Duluth, Minnesota, in a Class B, two-story building totaling 18,724 square feet. Currently, there are two contiguous executive office suites available, each ranging from 2,333 to 2,468 square feet, totaling 4,801 square feet of vacant space. The building features a total of nine suites, offering flexibility for various business needs. The property boasts excellent visibility on Superior Street, providing significant exposure for your business. On-site parking is available for added convenience. The location is situated within a growing medical district, presenting a strategic advantage for healthcare-related businesses. While currently configured as office space, the suites offer adaptability to suit a range of business uses. The minimum divisible space is 2,468 square feet, and the maximum contiguous space available is also 2,468 square feet. The property is located in St. Louis County, Minnesota, with the zip code 55802. This is an excellent opportunity to establish or expand your business in a desirable Duluth location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,674,210

  6.5%

  $2,468,500

  7%

  $2,292,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $655,047

  Geo Method

  $655,047

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,874,700

  Retail / Commercial

  $2,496,830

  Mixed-Use / Specialty

  $2,485,640

  Hospitality / Lodging

  $1,820,670

  Office

  $2,468,500

  Institutional / Educational

  $2,583,250

  Residential Income

  $3,022,410

  Multifamily

  $3,637,560

  Automotive / Energy

  $2,214,220

  Parking / Income-Based Land

  $766,353

  Restaurant / Food Service

  $1,287,940

  Healthcare / Senior Housing

  $2,551,320

Location Insight

City

Duluth

County

St. Louis

State

Minnesota

Latitude

46.7964

Longitude

-92.0865

CBSA code

20260

CBSA name

DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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