1403 Ave C, Cloquet, MN 55720
sale
$1,500,000
|
Mixed Use
Courtesy Of RE/MAX Results
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 10
- Cooling System: Central Air
- Exterior Type: Brick
- Floors: 2
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: 6123429
- Roof Type: Rubber
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