Berkshire & Devonshire Apartments - 731 E 1st St, Duluth, MN 55805
Property Details
UNDER CONTRACT
INVESTMENT HIGHLIGHTS
OPPORTUNITY ZONE
Berkshire Apartments is located in an Opportunity Zone, providing economic and tax incentives to ownership.
PROXIMITY TO THE WATERFRONT & CANAL PARK
The properties are located half a mile from one another and two blocks from the waterfront. Canal Park, Duluth’s premier entertainment district, sits less than a mile south of Berkshire.
DOWNTOWN REVITALIZATION
Duluth’s central district and waterfront area surrounding Canal Park has witnessed significant reinvestment during the current economic cycle. Multifamily, retail, office, infrastructure and utility improvements have changed the face of the downtown area and driven renewed interest in larger scale development projects, including the recently proposed 15-story, $75M mixed-use project dubbed the Voyageur Redevelopment.
- Property TypeOffice
- Total Acres1.27
- Property ID2118647