232 N Central AvenueDuluth, MN 55807

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.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Style

(MF) Other

Year built

1991

Living area

9,610 Sq Ft

Lot size

0.40 acres

Lot dimensions

50x300

Garage spaces

1

Zoning

Other

Days on market

229

MLS^® Listing#

7034538

Property Features

Interior

Elevator

Heating

Forced Air

Basement

Partially Finished

Pool

Heated · Indoor · In Ground

Parking

Parking Lot · Heated Garage

Lot features

Corner Lot · Near Public Transit

Roof

Flat · Rubber

Sewer

Public Sewer

Water source

Public

Financial Details

Annual taxes

$10,298Tax year 2025

Parcel number

TBD

Directions

232 N Central Av Duluth MN 55807