Arvig Building - 327 W First Street, Duluth, MN 55802
For Sale
For Sale
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Year Built
1904
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Overview
The historic Arvig Building is located in downtown Duluth, MN and is an integral part of the City’s history and has been recognized by the Duluth Preservation Alliance for major renovation work completed to the building. The 30,000 gross square foot building is located in a federally approved Opportunity Zone and has significant upside potential. The property is in great condition with many upgrades to the electrical and mechanical systems. This property is ideal for an owner occupant needing 10,000 SF for their business or as a stand-alone investment that yields positive cash flow with the existing tenants in-place.
Located in Opportunity Zone
Ample Off Street Parking
Upgraded Historical Property
High Growth Duluth CBD Location
Property Details
The historic Arvig Building is located in downtown Duluth, MN and is an integral part of the City’s history and has been recognized by the Duluth Preservation Alliance for major renovation work completed to the building. The 30,000 gross square foot building is located in a federally approved Opportunity Zone and has significant upside potential. The property is in great condition with many upgrades to the electrical and mechanical systems. This property is ideal for an owner occupant needing 10,000 SF for their business or as a stand-alone investment that yields positive cash flow with the existing tenants in-place.
Located in Opportunity Zone
Ample Off Street Parking
Upgraded Historical Property
High Growth Duluth CBD Location
- Property TypeOffice
- Year Built1904
- Sale Price$2,250,000
- Total Acres0.69
- Number of Floors3
- ZoningF-8 Form Mixed- Use Downtown
- Property ID2203348