For Sale: Cloquet MLS# 6637918
Active
$1,710,000
Commercial: Apartments/Retail
Built 1951
0.21 acres
Cloquet schools
MLS# 6637918
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Property Description
Investment Opportunity 25 minutes South of Duluth. The Union Lofts is a historic, completely renovated 2 story building featuring 3 commercial suites and 10 apartments. Commercial suites are fully leased and 7 of the apartments are operating as a boutique hotel and being sold completely furnished. Includes an additional lot with the option to build on.
Commercial units provide private ADA bathroom, heating & air conditioning with unit controlled thermostat, private main level entrance, onsite parking.
Apartments/ Furnished Rentals include secure entrance, 13' ceiling heights, in-unit washer and dryer, 111\ail room, heating and central air, air exchanger, separate utilities per unit, fully furnished and operational boutique hotel. There are 6 studio apartments and 1-1 bedroom. Three additional apartments partially complete.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,710,000
Property Type:
Commercial
City:
Cloquet
Garage Spaces:
0
County:
Carlton
Year Built:
1951
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55720
Subdivision Name:
Northwest Paper Co Add
Exterior
Garage Spaces:
0
Other Parking Spaces:
17
Foundation Size:
5,724 ft2
Handicap Accessible:
Fully Wheelchair
Heating System:
Heat Pump
Parking Features:
Parking Lot
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.21
Geolocation:
46.722483, -92.44861
Inclusions:
Building, Business, Fixture/Equipment, Land, Leases
Lot Dimensions:
150 x 207 x 150 x 211
Addl Parcels:
063050080
Zoning:
Business/Commercial
Schools
School District:
94
District Phone:
218-879-6721
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$24,202
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$24,202
Units
Total Units:
13
Miscellaneous
Current Use:
- Bed & Breakfast
- Commercial
- Office
- Professional Service
- Vacant
Fuel System:
- Electric
- Natural Gas
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water - In Street
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Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.