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Listed by Megan Wilson RE/MAX Results
$799,000
Est. payment /mo
8,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $99
MLS Listing ID LSA6127856
HOA Y/N No
Year Built 1883
Annual Tax Amount $8,074
Tax Year 2026
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 100 x 40
Property Sub-Type Commercial
Source lsar
Property Description
Own a downtown Duluth income powerhouse! Hotel House pairs an established vacation rental with four occupied storefronts and bonus basement storage income potential. The luxury loft comes fully furnished and has a long history of return renter. Multiple income streams—Hotel House is an opportunity built for vacation rental investors. Owner-reported rental income averages $11,900 monthly, including $8,000 from the upper-level vacation rental and $3,900 from four occupied commercial storefronts. With a 10-year rental history and guests who return year after year, the spacious upstairs retreat offers three bedrooms, three bathrooms, a hot tub, a jacuzzi tub, pool table, sunroom, exercise room, formal dining room, wide open living room with push button theater seating, a full kitchen with granite countertops, and expansive gathering spaces filled with natural light. Sold fully furnished, it offers an inviting, already-equipped setting for group getaways, with the furnishings and character that have kept guests coming back. Four leased storefronts provide supporting commercial income, while multiple basement storage units offer an additional revenue opportunity. Established rental performance, repeat clientele, and a fully furnished vacation retreat make this a compelling addition to any investor's portfolio. Three years of financials are available for review. Schedule a private tour to see the complete Hotel House opportunity.
Location
State MN
County St. Louis County
Area Lsar
Direction corner of W 1st St and 1st Ave W
Rooms
Basement Full
Interior
Heating Natural Gas
Inclusions Building
Exterior
View Y/N No
Roof Type Flat
Garage No
Building
Foundation Stone
Sewer Public Sewer
Water City
Structure Type Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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