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232 N Central Avenue , Duluth, MN 55807

New - 22 Hours Ago

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Agency Title: Counselor Realty
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Property Description

Exceptional Mixed-Use Investment Property. Rare opportunity to own a versatile commercial/residential building, located next to a high traffic regional grocery store in the thriving West Duluth Business District. Property is located next to bars/restaurants, movie theatre, grocery store, liquor store, gas stations, and more. This expansive residential unit offers generous living areas and includes a private racquetball court, full size indoor swimming pool, bar/pool table and steam room. The flexible layout provides excellent potential for owner-occupancy, long-term rental, or lucrative short-term rental income. The residential space comes complete with heated indoor parking garage, private residential elevator, two kitchens, 3 large sun decks, and a fireplace. The commercial unit is currently utilized as a laundromat, but the space lends itself to a variety of retail, franchise, or office options. Seller is open to leaving laundry machines or removing them based on buyers needs.Whether you're looking to expand your portfolio or create a live/work investment property, this distinctive offering delivers unmatched potential. You must see it to believe it.

232 N Central Avenue | MLS# 7034538

This multi-family property located at 232 N Central Avenue , Duluth, MN 55807 is currently listed for sale with an asking price of $999,999. N Central Avenue is located within the Duluth school district. Search Duluth real estate on www.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished
Garage: 1
Heating: Forced Air
Lot Size: 0.40 Acres
Roof Type: Flat, Rubber
Taxes: $10,298
Year Built: 1991

Feature Descriptions

Accessibility: Accessible Elevator Installed
Foundation Size: 6250
Lot: Public Transit (w/in 6 blks), Corner Lot
Lot Dimensions: 50x300
Parcel#: TBD
Parking: Attached Garage, Asphalt, Heated Garage, On-Street Parking Only, Parking Lot
Road Frontage: City Street
Sewer: City Sewer/Connected
Units: 3
Water: City Water/Connected

Local Schools

School District: Duluth

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Estimated Payment

$ 6,472.25 per month $5,322.42 Principal & Interest $858.17 Property Tax $291.67 Homeowner's Insurance

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