Cloquet, MN 55720,1403 Avenue C
Cloquet, MN 55720,1403 Avenue C
Cloquet, MN 55720,1403 Avenue C
Cloquet, MN 55720,1403 Avenue C
Cloquet, MN 55720,1403 Avenue C
Cloquet, MN 55720,1403 Avenue C
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Bob Kessler & José Kosar

Bob Kessler & José Kosar

+1(612) 386-6148
$ 1,500,000
Est. payment | /mo

3 Baths

0.26 Acres Lot

Save
$ 1,500,000
Est. payment | /mo
Save

3 Baths

0.26 Acres Lot

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

Listed by Jordan DeCaro • RE/MAX Results

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Bob Kessler & José Kosar
Bob Kessler & José Kosar

REALTOR® | Lic# 40281123

+1(612) 386-6148

3033 Excelsior Blvd Suite 100, Minneapolis, MN, 55416

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1403 Avenue C