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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
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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
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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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