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Retail/Shopping Center For Sale in Duluth-Superior, Minnesota
Property # 1178753 |
Available |
$395,000.00 |
Link To This Page:
http://www.land.net/view.php?v_id=1178753
Property Information
| Property Sub-Type | Neighborhood Center Other Retail Space | Other Retail | n.a.
| Property Name | Retail Art Gallery
| Property Address 1 | n.a.
| Property Address 2 | n.a.
| Property Town/City | Duluth-Superior
| Property County | n.a.
| Property State | Minnesota
| Property ZIP/Postal Code | 00000
| MLS # | n.a.
| Section/Block/Lot | n.a.
| Zoning | n.a.
| Current Use | Net-Leased
| Building Sq. Ft. | n.a.
| Gross Leasable Sq. Ft. | 1,700
| No. Floors | n.a.
| Lot Size Sq. Ft. | n.a.
| Lot Frontage Ft. | n.a.
| Lot Depth Ft. | n.a.
| No. Parking Spaces | n.a.
| Year Built | 1995
| Year Last Renovated | n.a.
| Construction Type | Block and Steel
| Property Description | Attractive Duluth/Superior retail art gallery at high traffic, busy leased tourism location with1700 square foot showroom. The environment is fun, making life long relationships and participating in a creative process that is also lucrative.
| Area Description | Duluth-Superior are of Norther Minnesota/Wisconsin. On the shores of Lake Superior
| Financial Information
| Sales Price $ | $395,000.00
| Gross Revenue $ | $503,133.00
| Total Expenses $ | n.a.
| Taxes $ | n.a.
| Net Operating Income $ | $126,306.00
| Cap Rate | 0.00%
| Occupancy Rate | 0.00%
| Price Per Leasable Sq. Ft. $ | n.a.
| Year Ending | 2019
| 1031 Exchange? | n.a.
| Financing/Terms | cash sale
| Major Tenants
| Tenant #1 | Art Gallery
| Sq. Ft. #1 | n.a.
| Lease Ends #1 | n.a.
| Tenant #2 | n.a.
| Sq. Ft. #2 | n.a.
| Lease Ends #2 | n.a.
| Tenant #3 | n.a.
| Sq. Ft. #3 | n.a.
| Lease Ends #3 | n.a.
| Tenant #4 | n.a.
| Sq. Ft. #4 | n.a.
| Lease Ends #4 | n.a.
| Tenant #5 | n.a.
| Sq. Ft. #5 | n.a.
| Lease Ends #5 | n.a.
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This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. | |
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