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$1,500,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 11,500 Sq. Ft.
  • 0.26 Acres
  • Updated 5 hours ago
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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 for 1403 Ave C

General

  • Price: $1,500,000
  • Taxes: $23,164 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7013167
  • Updated: 1/27/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Parking

  • Parking Features: Parking Lot

Location

  • County: Carlton
  • Township: Cloquet
  • Subdivision: Northwest Paper Co Add
  • Driving Directions: I35 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

  • School District: 2342 - Cloquet
  • High School District: Cloquet

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate, Hot Water Separate

Structural Information

  • Exterior Const.: Brick
  • Foundation Size: 5724
  • Roof: Rubber
  • Disability Access: Partially Wheelchair
  • Square Feet: 11,500
  • Finished Down/Base.: 11,500 Sq. Ft.
  • Current Bldg. Use: Bed and Breakfast, Professional/Office, Hotel/Motel
  • Year Built: 1950

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Dimensions: 150 x 207 x 150 x 211
  • Zoning: Business/Commercial

Financial Considerations

  • Operating Expenses: $64,841
  • Tax Amount: $23,164
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Sewer, Trash Collection
  • Tenant Pays: Electricity, Fuel, Water
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Tenant Pays

Disclosures and Reports

  • Legal Description: LTS 1-3 AND ADJACENT VACATED ALLEY
  • Inclusions: Building, Business, Fixture/Equipment, Land, Leases
  • Property ID: 63050020

Listed by RE/MAX Results

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— 1403 Ave C —

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Schools serving 1403 Ave C

School District:Cloquet Public School District
NameGradesDistance
Washington Elementary School, Cloquet, MN
801 12th Street, Cloquet, MN 55720
PK-50.8 mi
Churchill Elementary School, Cloquet, MN
515 Granite Street, Cloquet, MN 55720
PK-61 mi
Cloquet Middle School
2001 Washington Avenue, Cloquet, MN 55720
6-81 mi
Cloquet Senior
1000 18th Street, Cloquet, MN 55720
7-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1403 Ave C Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/26/2026
Listed
$1,500,000
566.67%
MLS
6/08/2020
Sold
$225,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1403 Ave C

Year
Property Taxes
Change
Tax Assessment
Change
2024
$24,202
—
$967,000
8%
2023
$24,202
57%
$895,900
—
2023
$15,464
—
$895,900
409%
2023
$15,464
71%
$176,100
-26%
2021
$9,030
15%
$236,900
13%
2020
$7,886
—
$209,700
—
2019
$7,880
-15%
$209,700
-7%
2017
$9,298
-2%
$224,800
—
2017
$9,472
—
$224,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1403 Avenue C, Cloquet, MN 55720 (MLS# 7013167) is a Commercial property. 1403 Avenue C is currently listed for $1,500,000 and was received on January 26, 2026. Want to learn more about 1403 Avenue C? Do you have questions about finding other Commercial real estate for sale in Cloquet? You can browse all Cloquet real estate or contact a Coldwell Banker agent to request more information.

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