1/1

$1,500,000

Sold
Closed
Commercial Residential Facility
11,500 Sq. Ft.
0.26 Acres

1/1

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.

Full Property Details

Full Property Details for 1403 Ave C

General

Sold For: $1,500,000
Taxes: $23,164 (2025)
Status: Closed
Type: Commercial Residential Facility
Source: 1402
MLS ID: 6123429
Added to Site: 133 day(s) ago

Location

Area: R
County: Carlton County
Driving Directions: I35 S to Scanlon exit 239 and turn Right, turn Right on N 14th St, Right on Ave C, property on the corner of N 14th St and Ave C.

School Information

High School District: Cloquet #94

Heating & Cooling

Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas

Utilities

Sewer: Public Sewer
Water: City

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement: Yes
Basement Desc.: None
Roof: Rubber
Ceiling Height: 16-20 Feet
Stories/Levels: 2
Square Feet: 11,500
Current Bldg. Use: Business, Hotel/Motel
Year Built: 1950

Lot Features

Lot Size (Acres): 0.26
Lot Dimensions: 150 x 207 x 150 x 211

Financial Considerations

Price Per Sq. Ft.: $130.43
Tax Amount: $23,164
Tax Year: 2025
Terms: Cash, Conventional

Disclosures and Reports

Legal Description: LTS 1-3 AND ADJACENT VACATED ALLEY
Inclusions: Business, Building, Fixture/Equipment, Land, Leases
Property ID: 06-305-0020

Listed by RE/MAX Results
Sold by Greg Follmer Commercial Real Estate

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Schools

Schools serving 1403 Ave C

School District:Cloquet Public School District

Name	Grades	Distance
Washington Elementary School, Cloquet, MN 801 12th Street, Cloquet, MN 55720	PK-5	0.8 mi
Churchill Elementary School, Cloquet, MN 515 Granite Street, Cloquet, MN 55720	PK-6	1 mi
Cloquet Middle School 2001 Washington Avenue, Cloquet, MN 55720	6-8	1 mi
Cloquet Senior 1000 18th Street, Cloquet, MN 55720	7-12	0.9 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1403 Ave C

Date

Details

Price

Change

Source

5/08/2026

Sold

$1,500,000

—

MLS

1/26/2026

Listed

$1,500,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Sold

$1,500,000