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$499,900 Just Listed

  • For Sale
  • Active
  • Business
  • 8,000 Sq. Ft.
  • 0.09 Acres
  • Updated 2 days ago
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Don't miss this unique opportunity to own a character-filled commercial building in the heart of downtown. Featuring a low-maintenance brick exterior, the main level offers two storefront spaces with beautiful hardwood floors, generous storage areas, and the flexibility to operate as separate units or one large connected space via a double-door opening. The main includes three bathrooms, with one fully accessible. Upstairs, the expansive second level is currently utilized as an event venue and is accessible via a handicap lift chair. This impressive space includes a large ballroom with stage, commercial kitchen, meeting room, coat room, office, and dressing room with private bath, along with substantial upper-level storage. Plenty of parking is available at the ramp across the street.

Full Property Details for 21 N Lake Ave

General

  • Price: $499,900
  • Taxes: $4,928 (2025)
  • Status: Active
  • Type: Business
  • Source: 1402
  • MLS ID: 6123699
  • Updated: 2/17/2026
  • Added to Site: 2 day(s) ago

Additional Information

  • Other Features: Restrooms, Storage, Stage

Location

  • Area: R
  • County: St. Louis County
  • Driving Directions: Lake Ave between Superior and 1st

Heating & Cooling

  • Heating Type: Steam

Utilities

  • Sewer: Public Sewer
  • Water: City

Structural Information

  • Construction: Frame/Wood
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: None
  • Foundation: Stone
  • Roof: Flat, Rubber
  • Ceiling Height: 11-15 Feet, 16-20 Feet
  • Stories/Levels: 2
  • Square Feet: 8,000
  • Current Bldg. Use: Business, Other
  • Year Built: 1908

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 40 x 100
  • Frontage: Curbs, Sidewalks, City Street

Financial Considerations

  • Price Per Sq. Ft.: $62.49
  • Tax Amount: $4,928
  • Tax Year: 2025
  • Terms: Cash, Conventional, Small Business Admin.
  • Owner Pays: Electricity, Repairs, Water, Sewer

Disclosures and Reports

  • Legal Description: S 40 FT OF N 100 FT OF LOTS 2 AND 4 DULUTH PROPER 1ST DIVISION WEST 1ST STREET
  • Inclusions: Building, Fixture/Equipment, Leases
  • Property ID: 010-0940-00630

Listed by RE/MAX Results

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— 21 N Lake Ave —

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Schools serving 21 N Lake Ave

School District:Duluth Public School District
NameGradesDistance
Myers-Wilkins Elementary
1027 North 8th Avenue East, Duluth, MN 55805
PK-51 mi
Lincoln Park Middle School
3215 West 3rd Street, Duluth, MN 55806
6-82.9 mi
Denfeld Senior High School
401 North 44th Avenue West, Duluth, MN 55807
9-123.9 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 21 N Lake Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Listed
$499,900
176.19%
MLS
6/27/2018
Sold
$181,000
—
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 21 N Lake Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,928
—
$205,000
5%
2025
$4,928
4%
$195,100
—
2024
$4,726
-6%
$195,100
—
2023
$5,002
-13%
$195,900
—
2022
$5,774
10%
$195,900
9%
2020
$5,250
—
$180,200
—
2019
$5,256
12%
$180,200
5%
2018
$4,684
-13%
$171,600
—
2017
$5,406
1%
$171,600
—
2016
$5,376
-3%
$171,600
—
2015
$5,536
—
$171,600
—
2014
$5,556
1%
$171,600
—
2013
$5,507
—
$171,600
—
View All
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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21 N Lake Ave, Duluth, MN 55802 (MLS# 6123699) is a Business property. 21 N Lake Ave is currently listed for $499,900 and was received on February 17, 2026. Want to learn more about 21 N Lake Ave? Do you have questions about finding other Business real estate for sale in Duluth? You can browse all Duluth real estate or contact a Coldwell Banker agent to request more information.

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