Two-Level Office Building

Small multi-tenant office building available as an investment.  Fully leased.  Highly visible with ample off-street parking.  Offered at a 9% capitalization rate. Two-level office building for sale, currently the spaces are fully leased.  Located on Central Entrance, this building is located on the public transit line and is highly visible with approx. 22,500 vehicles per day.

Two level office building
o 2,541 sq. ft. per floor
o Fully leased
o Ample private parking

High visibility location on Central Entrance (Highway 194)
o PID 010-2710-06129
o Near Retail Corridor, Miller Hill Mall, Hotels, Restaurants
o On Public Transit Line
o 22,500 VPD (2019 MNDOT data)

  • Broker First Name: Dave 
  • Broker Last Name: Holapppa 
  • Broker Company: Holappa Commercial Real Estate 
  • Broker Address 1: 2009 London Road 
  • Broker Address 2: Suite 101 
  • Broker City: Duluth 
  • Broker State: MN 
  • Broker Zip Code: 55811 
  • Broker Cellphone: 218-393-1490 
  • Broker Email Address: dave.holappa@holappa.com 
  • Broker Website URL: www.holappa.com 
  • ED First Name: Karl 
  • ED Last Name: Schuettler 
  • ED Company: Northspan 
  • ED Address 1: 202 W Superior Street 
  • ED Address 2: Suite 700 
  • ED City: Duluth 
  • ED State: MN 
  • ED Zip Code: 55802 
  • ED Telephone: 218-481-7737 
  • ED Email Address: kschuettler@northspan.org 
  • Status: Available 
  • Available Acres: 0.80 
  • Available Sq Ft: 5,082 
  • Building Land Type: Office, Retail, Commercial 
  • Current Previous Use: medical/clinical offices 
  • Has Cranes: No 
  • Has Dock High: No 
  • Has Drive In Doors: No 
  • Is Call Center: No 
  • Is Contiguous: No 
  • Is Data Center: No 
  • Is Divisible: Yes 
  • Is Enterprise Zone: No 
  • Is Multitenant: Yes 
  • Number of Stories:
  • Office Area Sq Ft: 5,082 
  • Is For Sale: Yes 
  • Sale Price: $850,000 
  • Sale Price Units: Available as an investment, offered at a 9% capitalization rate 
  • Interstate Name 1: I-35 
  • Interstate Distance 1:
  • Highway Name 1: Hwy 53 
  • Highway Distance 1:
  • Airport Name 1: Duluth International Airport 
  • Airport Distance 1:
  • Has Parking: Yes 
  • Is Parking Paved: Yes 
  • Is Airconditioned: Yes 
  • Is Electric On Site: Yes 
  • Is Gas On Site: Yes 
  • Is Heated: Yes 
  • Is Septic On Site: Yes 
  • Is Water On Site: Yes 
  • Water Provider: City of Duluth - Comfort Systems 
  • Parcel ID: 010-2710-06129 
  • Streetview: Yes 
  • Address1: 1001 E. Central Entrance 
  • Address City: Duluth 
  • Address County: St. Louis 
  • Address State: Minnesota 
  • Zip Code: 55811 
  • Building Size (Sq Ft): 5,082 
  • Site Size (Acres): 0.80 
  • Latitude (Geo-coded): 46.80 
  • Longitude (Geo-coded): -92.11 
  • Address for Geo-coding: Duluth, Minnesota 

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