1623 London Rd
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1623 London Rd
5,313 SF 100% Leased Retail Building Duluth, MN 55812 $1,410,383 CAD ($265 CAD/SF)
Investment Highlights
- Unbeatable Visibility on London Road.
Executive Summary
1623 London Rd offers unbeatable visibility and ample parking. This prime location features 3,500 SF above grade with a full, finished basement, providing endless possibilities for your business. The property boasts high traffic and visibility, making it the perfect spot to bring your ideas to life. With excellent on-site parking, this property stands out with huge potential. Don't miss out on the chance to own a piece of this thriving area. Make your mark in the Duluth business scene with 1623 London Rd! Listed at $995,000, this property is a rare find!
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$28,602
|
$5.38
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$28,602
|
$5.38
|
Financial Summary (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $28,602 |
| Annual Per SF | $5.38 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $28,602 |
| Annual Per SF | $5.38 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,313 SF
Building Class
C
Year Built
1977
Price
$1,410,383 CAD
Price Per SF
$265 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.75
Land Acres
0.16 AC
Zoning
Commercial - Commercial
Parking
20 Spaces (3.31 Spaces per 1,000 SF Leased)
Frontage
109 ft on London Rd
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 010146003610 | Total Assessment | $610,018 CAD (2023) |
| Land Assessment | $187,914 CAD (2023) | Annual Taxes | $28,602 CAD ($5.38 CAD/SF) |
| Improvements Assessment | $422,104 CAD (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
010146003610
Land Assessment
$187,914 CAD (2023)
Improvements Assessment
$422,104 CAD (2023)
Total Assessment
$610,018 CAD (2023)
Annual Taxes
$28,602 CAD ($5.38 CAD/SF)
Tax Year
2024
-
Greg Follmer -
Greg Follmer Commercial Real Estate
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1623 London Rd
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