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October 24, 2020

Retail/Shopping Center For Sale in Duluth-Superior, Minnesota


Property # 1178753 Available $395,000.00


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http://www.land.net/view.php?v_id=1178753


   Property Information

Property Sub-TypeNeighborhood Center
Other Retail Space
Other Retailn.a.
Property NameRetail Art Gallery
Property Address 1n.a.
Property Address 2n.a.
Property Town/CityDuluth-Superior
Property Countyn.a.
Property StateMinnesota
Property ZIP/Postal Code 00000
MLS #n.a.
Section/Block/Lotn.a.
Zoningn.a.
Current UseNet-Leased
Building Sq. Ft.n.a.
Gross Leasable Sq. Ft.1,700
No. Floorsn.a.
Lot Size Sq. Ft.n.a.
Lot Frontage Ft.n.a.
Lot Depth Ft.n.a.
No. Parking Spacesn.a.
Year Built1995
Year Last Renovatedn.a.
Construction TypeBlock 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 DescriptionDuluth-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 Rate0.00%
Occupancy Rate0.00%
Price Per Leasable Sq. Ft. $n.a.
Year Ending2019
1031 Exchange?n.a.
Financing/Termscash sale


   Major Tenants

Tenant #1Art Gallery
Sq. Ft. #1n.a.
Lease Ends #1n.a.
Tenant #2n.a.
Sq. Ft. #2n.a.
Lease Ends #2n.a.
Tenant #3n.a.
Sq. Ft. #3n.a.
Lease Ends #3n.a.
Tenant #4n.a.
Sq. Ft. #4n.a.
Lease Ends #4n.a.
Tenant #5n.a.
Sq. Ft. #5n.a.
Lease Ends #5n.a.

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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