1403 Ave C

Cloquet, MN 55720

$1,800,000
Price
—
Beds
11,500 Sq. Ft.
$157 / Sq. Ft.
11,500
Sq. Ft.
$157
per Sq. Ft.

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....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.
  1. Listed by Edina Realty, Inc.

Property Details for 1403 Ave C

Subdivision Name
Northwest Paper Co Add
Zoning Jurisdiction
Business/Commercial
LISTING UPDATED: 12/11/2024 10:29 AM

Property Details for 1403 Ave C

StatusActive
MLS #6637918
Days on Compass8
Taxes$24,202 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1951
Lot Size0.21 AC / 9,147 SF
CountyCarlton County

Building Information for 1403 Ave C

Stories-Residences13Year Built1951Lot Size0.21 AC / 9,147 SF

Property Information for 1403 Ave C

Summary
Location and General Information
  • City Name: Cloquet
  • County Or Parish: Carlton
  • County: Carlton-MN
  • Directions: N on 694 to 35E toward Duluth, take exit 237 to Cloquet on highway 33, N on 14th St, Right on Avenue C
  • Latitude: 46.722483
  • Longitude: -92.44861
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Cloquet
  • City and Location Text: Cloquet(MN)
  • Postal Code: 55720
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels Description: 063050080
  • Additional Parcels: Yes
  • Parcel Number: 063050020
  • Tax Annual Amount: $24,202.00
  • Tax Legal Description: LTS 1-3 AND ADJACENT VACATED ALLEY
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 24202.0000
School Information
  • High School District: 94 - Cloquet
  • School District Number: 94
  • School District Phone: 218-879-6721
Property
Lot Information
  • Current Use: Bed & Breakfast, Commercial, Office, Professional Service, Vacant
  • Lot Size Area: 0.21
  • Lot Size Dimensions: 150x207x150x211
  • Lot Size Units: Acres
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Building Area Total: 11500.0
Property and Assessments
  • Age Of Property: 73
Utilities
  • Sewer: City Sewer - In Street
  • Utilities: Electric Separate, Heating Separate, Hot Water Separate
  • Water Source: City Water - In Street
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Fully Wheelchair
  • Foundation Area: 5724.0
  • Fuel: Electric,Natural Gas
Interior Features
  • Heating: Heat Pump
  • Basement YN: No

Property History for 1403 Ave C

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1403 Ave C

Taxable ValueLand$76,800Additions$819,100Total$895,900
Tax Record2023$24,202 ($2,017 / month)
Home Facts
StyleMiscellaneous CommercialCountyCARLTONAPN06-305-0020

Schools near 1403 Ave C

This home is within Cloquet Public School District.
Rating
School
Type
Grades
Distance
Washington Elementary School
Public - PK to 4
Churchill Elementary School
Public - PK to 4
Cloquet Middle School
Public - 5 to 8
Cloquet Senior
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 4

Churchill Elementary School
PublicPK to 4

Cloquet Middle School
Public5 to 8

Cloquet Senior
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1403 Ave C, Cloquet, MN 55720

1403 Ave C is a mixed use property for sale in Cloquet, MN 55720. This property was listed for sale on December 10, 2024 by Edina Realty, Inc., it's currently listed at $1,800,000. It has been on the market for a total of 8 days and was last sold on June 8, 2020. This listing's school district is Cloquet Public School District. Nearby schools include Washington Elementary School, Churchill Elementary School and Cloquet Middle School. 1403 Ave C is a 0-bed, 0-bath, 11,500 sqft mixed use property built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edina Realty, Inc.

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 12/11/2024 10:29 AM