1426 Commonwealth Ave, Duluth, MN 55808
1426 Commonwealth Ave, Duluth, MN 55808
1426 Commonwealth Ave, Duluth, MN 55808
1426 Commonwealth Ave, Duluth, MN 55808
1426 Commonwealth Ave, Duluth, MN 55808
1426 Commonwealth Ave, Duluth, MN 55808
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Anthony Jennings

Anthony Jennings

+1(715) 209-6841
Listed by Marta Swierc RE/MAX Results
$ 159,900
Est. payment | /mo

2,975 SqFt

Save
$ 159,900
Est. payment | /mo
Save

2,975 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,975 sqft

Price per Sqft $53

MLS Listing ID LSA6127109

HOA Y/N No

Year Built 1914

Annual Tax Amount $2,846

Tax Year 2026

Lot Size 10,018 Sqft

Acres 0.23

Lot Dimensions 100x97

Property Sub-Type Commercial

Source lsar

Property 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.

Location

State MN

County St. Louis County

Area Lsar

Direction Head south on commonwealth. Property will be on your left across the street from the car dealership.

Rooms

Basement Full

Interior

Heating Forced Air

Cooling None

Inclusions Building

Exterior

Parking Features Off Street

View Y/N No

Roof Type Asphalt,Rubber

Garage No

Building

Foundation Concrete

Sewer Public Sewer

Water City

Structure Type Composition

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Nearby Locations

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Anthony Jennings
Anthony Jennings

Broker-Owner | Lic# 44683-90

+1(715) 209-6841

315 Turner Rd., Ashland, WI 54806

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1426 Commonwealth Ave