1426 Commonwealth Ave, Duluth, MN 55808 (MLS # 6127109)
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Unlock the potential of this unique mixed-use commercial property, which offers multiple income streams and exceptional flexibility. Formerly home to a neighborhood bar, the expansive main level provides approximately 2,685 finished square feet and is primed for various future uses - from a restaurant, brewery, taproom, event venue, or retail space to office. Upstairs, the second level is already configured with the layout for up to four residential apartments, creating an outstanding value-add opportunity for an investor looking to establish stable, long-term rental income while maximizing the property's earning potential. Additional highlights include a large basement offering extensive storage and utility space, a newer rubber membrane roof, and nearly three city lots worth of off-street parking - a rare amenity for a downtown commercial property that easily accommodates up to twenty cars. Whether you're an owner-occupant looking to operate your own business while building equity through residential rental income, or an investor seeking a redevelopment opportunity with significant upside, this property offers endless possibilities in a high-visibility location. This is a rare chance to revitalize a landmark property and create a strong-performing investment with multiple revenue streams.
| DAYS ON MARKET | 12 | LAST UPDATED | 8/1/2026 |
|---|---|---|---|
| YEAR BUILT | 1914 | COMMUNITY | LSAR |
| COUNTY | St. Louis County | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | LSAR |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Block, Concrete |
| HEAT | Forced Air |
| LOT | 10019 sq ft |
| LOT DIMENSIONS | 100x97 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 2846 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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