Cloquet, MN 55720,1403 Avenue C
Cloquet, MN 55720,1403 Avenue C
Cloquet, MN 55720,1403 Avenue C
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$1,500,000
Est. payment /mo
3 Baths
0.26 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Northwest Paper Co Add

MLS Listing ID 7013167

Year Built 1950

Annual Tax Amount $23,164

Tax Year 2025

Contingent None

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 150x207x150x211

Property Description

Union Lofts is a mixed-use income property located in downtown Cloquet featuring a diversified unit mix. The property includes 7 operating short-term rental units, 3 leased commercial units, and 3 unfinished units, offering both immediate income and future expansion potential subject to zoning, permitting, and approvals. Current operations generate income from short-term rentals and commercial space. The unfinished units provide an opportunity for a buyer to add additional residential or commercial income following due diligence and required approvals. Union Lofts is well-suited for investors, owner-operators, or 1031 exchange buyers seeking a stabilized mixed-use asset. Financial information is available upon request for qualified buyers. Buyer to verify zoning, licensing, permitted uses, and income details.

Location

State MN

County Carlton

Zoning Business/Commercial

Rooms

Basement None

Interior

Heating Forced Air

Inclusions Building, Business, Fixture/Equipment, Land, Leases

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Rubber

Present Use Bed & Breakfast,Professional/Office,Hotel/Motel

Building

Story Two

Foundation 5724

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick

New Construction false

Schools

School District Cloquet


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Listed by Jordan DeCaro • RE/MAX Results

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Brittany Fox

Brittany Fox

+1(952) 807-5276

Agent | License ID: 40951479

Agent License ID: 40951479

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