1403 Avenue C, Cloquet, MN 55720
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1403 Avenue C, Cloquet, MN 55720
1403 Avenue C, Cloquet, MN 55720
1403 Avenue C, Cloquet, MN 55720
1403 Avenue C, Cloquet, MN 55720
Jake Waldman
Jake Waldman

Advisor | License ID: 40751253

+1(612) 281-4313

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$ 1,500,000

$ 1,500,000

Est. payment /mo
Sold on 05/08/2026

1403 Avenue C Cloquet, MN 55720

3 Baths

0.26 Acres Lot

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 SCHOOLS & PROPERTIES

Jake Waldman

Jake Waldman

Advisor | License ID: 40751253

+1(612) 281-4313

GET MORE INFORMATION

Name
Phone*
Message

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1403 Avenue C