Listed price in listed location currency (USD).
$159,900

000

MLS® 6127109

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 2975 sqft
Garage 
Taxes $2,846
Days Active 0
Lot Size 0.23 Acres
Approx. Age 1914
Avg. Price Per Sqft $53
MLS® Number 6127109

Property Address: 1426 Commonwealth Ave, Duluth, MN, 55808-3708

Average square foot calculated using Size range provided by listing agent.

Description

Unlock the potential of this unique mixed-use commercial property, which offers multiple income streams and exceptional flexibility. Formerly home to a neighborhood bar, the expansive main level provides approximately 2, 685 finished square feet and is primed for various future uses - from a restaurant, brewery, taproom, event venue, or retail space to office. Upstairs, the second level is already configured with the layout for up to four residential apartments, creating an outstanding value-add opportunity for an investor looking to establish stable, long-term rental income while maximizing the property’s earning potential. Additional highlights include a large basement offering extensive storage and utility space, a newer rubber membrane roof, and nearly three city lots worth of off-street parking - a rare amenity for a downtown commercial property that easily accommodates up to twenty cars. Whether you’re an owner-occupant looking to operate your own business while building equity through residential rental income, or an investor seeking a redevelopment opportunity with significant upside, this property offers endless possibilities in a high-visibility location. This is a rare chance to revitalize a landmark property and create a strong-performing investment with multiple revenue streams.
MLS® Number6127109
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1914
BasementFull
DrivewayOff Street
Garage Spaces
HeatForced Air
A/CNone

Extras

Building

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 1, 2026List Date
$159,900List Price
  • Commute

Commute

Starting Address
Destination Address
1426 Commonwealth Ave, Duluth, MN

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