4501 E Superior Street, Duluth, MN 55804

$499,900
Property Type: Commercial Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $499,900 List Date: 2/26/2026 Last Modified: 4/07/2026

Overview

Description

Exceptional opportunity to own a fully renovated commercial building in Duluth’s Lakeside neighborhood at 4501 E Superior St. This retail property sits on a lot with strong visibility and proximity to the biking and hiking trail alongside Superior St, and traffic exposure, making it ideal for retail, office, or service-based use. With $190,000+ in improvements that include structural reinforcement, updated plumbing and sewer lines, new 200-amp electrical service with 3-phase power, commercial-grade flooring, updated bathroom, exterior paint, and major mechanical upgrades - providing long-term functionality and durability. Offered for sale as building only, this is a turnkey opportunity for an owner-user or investor seeking a prime Lakeside location. This property is leased for $4,200 monthly (Lease expiration 05/31/2027) plus tenant pays utilities and owner pays taxes and building coverage insurance.

Listing Details MLS# 7027552

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
4
Owner Occupied
No
Waterfront Present
No
Year Built
1927
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
800
Power Company
Minnesota Power
For Sale or Lease
For Sale
Acres
0.08
Lot Dimensions
74x50
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air Basement: Full CMU Style: Business Opportunity Construction Materials: Frame Construction Status: Previously Owned Current Use: Retail Exterior: Wood Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Forced Air Lock Box Type: None On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot Rent Rate per Foot: Per Month Roof: Rubber Sewer: City Sewer/Connected Stories: One Tenant Pays: Broadband; Cable TV; Electricity; Fuel; Janitorial Service; Maintenance/Repair; Sewer; Snow Removal; Trash Collection; Water Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
499900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
4501
Street Direction Prefix
E
Street Name
Superior
Street Suffix
Street
Postal City
Duluth
County
St. Louis
State
MN
Zip Code
55804
Complex/Dev/Subdivision
London Add To Duluth

Assessments

Tax With Assessments
5140
Assessment Balance
0

Building Information

Building Finished SqFt
1400
Building SqFt
1400
Ceiling Height
8-10

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Leases

Unit 1

Unit Number
Yes
Monthly Rent
4200
Level
Main Level
Leased?
Yes
Lease Expiration Date
2027-05-31

Unit Details

Total Units
Yes

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
SLY 8 8/10 FT OF NLY 75 FT AND SLY 65 FT LOT 0016 BLOCK 033 LONDON ADDITION TO DULUTH
Listing City
Duluth
Map Page
999
Municipality
Duluth
School District
Duluth
School District Phone
218-336-8700
Zip Plus 4
2337
Property ID Number
010301000890
Tax Year
2025
Tax Amount
5140
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Exceptional opportunity to own a fully renovated commercial building in Duluth’s Lakeside neighborhood at 4501 E Superior St. This retail property sits on a lot with strong visibility and proximity to the biking and hiking trail alongside Superior St, and traffic exposure, making it ideal for retail, office, or service-based use. With $190,000+ in improvements that include structural reinforcement, updated plumbing and sewer lines, new 200-amp electrical service with 3-phase power, commercial-grade flooring, updated bathroom, exterior paint, and major mechanical upgrades - providing long-term functionality and durability. Offered for sale as building only, this is a turnkey opportunity for an owner-user or investor seeking a prime Lakeside location. This property is leased for $4,200 monthly (Lease expiration 05/31/2027) plus tenant pays utilities and owner pays taxes and building coverage insurance.
Directions
Superior St, to 45th Ave, property is on the left!

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Basement

Full
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Exterior

Wood
Yes

Foundation

8 ft+ Pour
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lock Box Type

None
Yes

Parking Characteristics

Parking Lot
Yes

Roof

Rubber
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Income and Expenses

Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Gross Income
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Net Income
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

Tenant Pays

Broadband
Yes
Cable TV
Yes
Electricity
Yes
Fuel
Yes
Janitorial Service
Yes
Maintenance/Repair
Yes
Sewer
Yes
Snow Removal
Yes
Trash Collection
Yes
Water
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Business Opportunity
Yes

Current Use

Retail
Yes

Rent Rate per Foot

Per Month
Yes
Listing Office: RE/MAX Results
IDX
Last Updated: April - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.