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Investment Highlights

  • Convenient Woodland location near retail, dining, and service amenities
  • Off-street parking available in addition to nearby street parking
  • Flexible layout supporting live-work or mixed-use possibilities

Executive Summary

This unique property in Duluth’s Woodland neighborhood offers a flexible multi-use opportunity with a blend of commercial and residential income potential. Featuring a completely remodeled interior, the building boasts modern updates, high ceilings, and a bright, functional layout. Included is a one-bedroom apartment currently rented month-to-month, delivering immediate cash flow for buyers seeking an investment with steady returns.

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $16,083 $7.86
Other Income - -
Vacancy Loss - -
Effective Gross Income $16,083 $7.86
Taxes $6,953 $3.40
Operating Expenses - -
Total Expenses $6,953 $3.40
Net Operating Income - -

Financial Summary (Actual - 2026)

Gross Rental Income (CAD)
Annual $16,083
Annual Per SF $7.86
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $16,083
Annual Per SF $7.86
Taxes (CAD)
Annual $6,953
Annual Per SF $3.40
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $6,953
Annual Per SF $3.40
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,047 SF
Building Class
C
Year Built/Renovated
1980/2025
Price
$557,274 CAD
Price Per SF
$272.24 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,047 SF
Building FAR
0.31
Lot Size
0.15 AC
Parking
6 Spaces (2.93 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
010467000210
Land Assessment
$48,011 CAD (2024)
Improvements Assessment
$308,281 CAD (2024)
Total Assessment
$356,292 CAD (2024)
Annual Taxes
$6,953 CAD ($3.40 CAD/SF)
Tax Year
2026
  • Listing ID: 40885980

  • Date on Market: 2026-06-11

  • Last Updated:

  • Address: 15 W Redwing St, Duluth, MN 55803

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