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$1,500,000
$1,500,000
Est. payment /mo
3 Baths
0.26 Acres Lot
Sold on 05/08/2026
1403 Avenue C Cloquet, MN 55720
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UPDATED:
Key Details
Sold Price $1,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Northwest Paper Co Add
MLS Listing ID 7013167
Sold Date 05/08/26
Year Built 1950
Annual Tax Amount $23,164
Tax Year 2025
Contingent None
Lot Size 0.260 Acres
Lot Dimensions 150x207x150x211
Property Description
Union Lofts is a mixed-use income property located in downtown Cloquet featuring a diversified unit mix. The property includes 7 operating short-term rental units, 3 leased commercial units, and 3 unfinished units, offering both immediate income and future expansion potential subject to zoning, permitting, and approvals. Current operations generate income from short-term rentals and commercial space. The unfinished units provide an opportunity for a buyer to add additional residential or commercial income following due diligence and required approvals. Union Lofts is well-suited for investors, owner-operators, or 1031 exchange buyers seeking a stabilized mixed-use asset. Financial information is available upon request for qualified buyers. Buyer to verify zoning, licensing, permitted uses, and income details.
Location
State MN
County Carlton
Zoning Business/Commercial
Rooms
Basement None
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Rubber
Present Use Bed & Breakfast,Professional/Office,Hotel/Motel
Building
Story Two
Foundation 5724
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick
New Construction false
Schools
School District Cloquet
Listed by Jordan DeCaro • RE/MAX Results
NEARBY SCHOOL & BUSINESS
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