Its union depot served several famous rail lines, including the Duluth, Missabe, and Iron Range Railroad the Great Northern Railway and the well-known Minneapolis, St. The city has had a post office for over 150 years. Over time, its area was extended west to include Oneota and Fond du Lac and eastward to Endion, Lakeside, and Lakewood. That same year saw Duluth, Portland, and Rice's Point being consolidated under the name of Duluth. First settled in 1850-51, it was incorporated as a town in 1857 and as a city in 1870 before receiving a new city charter in 1887. Additionally, the area enjoys tax incentives that make investing here even more attractive.ĭuluth, Minnesota, is one of the most historically rich cities in the state. The city boasts some of the most competitive lease rates in the region, allowing businesses to get more bang for their buck when investing in commercial real estate. The city has a thriving business community with various industries and companies ranging from tech startups to established blue-chip firms.ĭuluth offers plenty of options, from commercial office space to warehouses, industrial sites, and retail locations. With a diverse economy and abundant natural resources, Duluth offers businesses unparalleled opportunities for success.
Duluth, MN Commercial Real Estate & Propertiesĭuluth, Minnesota, is the perfect location for commercial real estate investments. The city's growing population, strong tourism industry, and established manufacturing and distribution industry make it an attractive location for commercial real estate investment. In summary, Duluth offers a variety of commercial real estate investment opportunities, from traditional retail and office space to more unique mixed-use developments. These developments offer a range of amenities and services in one location, which is appealing to both residents and businesses. Mixed-Use Developments: Mixed-use developments that combine retail, office, and residential spaces are also becoming increasingly popular in Duluth.
Hospitality Properties: Duluth is a popular tourist destination and as such, there is a high demand for hospitality properties, including hotels, motels, and bed and breakfasts. Industrial Space: Duluth has a well-established manufacturing and distribution industry, which creates a strong demand for industrial spaces such as warehouses, manufacturing facilities, and distribution centers. As a result, there is a strong demand for office buildings and commercial office space in the city.
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Office Buildings: Duluth is home to a number of professional services, healthcare, and educational institutions that require office space. With a growing population and a thriving tourism industry, there is a strong demand for retail space in the city. Retail Space: Retail properties, such as storefronts and shopping centers, are in high demand in Duluth. Commercial Properties For Sale in Duluth, MNĭuluth, Minnesota, offers a diverse range of commercial real estate investment opportunities, including: Duluth, MN Commercial properties for sale have an average price of $151 per square foot, based on commercial listings with an average of 2.0 bedrooms, 1.0 bathrooms, and 3,958 square feet of living space. The highest-priced commercial property listing is $980,000, while the lowest priced commercial property can be purchased for $1,500. As of Jthere are 18 active Duluth, MN commercial real estate listings for sale with an average listing price of $448,572.
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