SOLD
JLL Capital Markets Wraps Up $8.5M Sale Of Canal Park Square In Duluth, Minnesota
302 South Lake Avenue
Mixed-use
Sold 246 days ago
Summary
Sale
MINNESOTA
Mixed-use
Canal Park Square, a historic mixed-use redevelopment in Duluth, Minnesota, has been sold for $8.5 million, according to JLL Capital Markets. The property, located at 302 South Lake Avenue, underwent a redevelopment in 2015 and now offers 29 luxury apartments, six retail spaces, and a prime location in Canal Park with nearby retail amenities.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $8,500,000
- Address: 302 South Lake Avenue, Duluth, Minnesota
- Market: Duluth, Minnesota
- Seller: Sherman Associates
- Brokers: Devon Dvorak, Mox Gunderson, Dan Linnell, Josh Talberg, and Adam Haydon - JLL
JLL Capital Markets facilitated the sale of Canal Park Square, with Devon Dvorak, Mox Gunderson, Dan Linnell, Josh Talberg, and Adam Haydon from JLL acting as the brokers. The transaction represents a significant investment opportunity in a well-established mixed-use property with a rich history and a prime location in Duluth's Canal Park neighborhood.
Players
All
6
Agents
5
Agencies
1
Details
SOLD
IMAGE: Adam Haydon, Devon Dvorak, Dan Linnell, Mox Gunderson & Josh Talberg
DATE: 08/29/2023
ADDRESS: 302 South Lake Avenue
MARKET: Duluth, Minnesota
ASSET TYPE: Mixed-use
SELLER: Sherman Associates
BROKERS: Devon Dvorak, Mox Gunderson, Dan Linnell, Josh Talberg & Adam Haydon - JLL
SALE PRICE: $8,500,000
NOTE: JLL Capital Markets has wrapped up the $8.5 million sale of Canal Park Square, a historic mixed-use redevelopment in Duluth, Minnesota. The property, with 29 homes, six retail spaces, and a prime location in Canal Park, underwent a 2015 redevelopment, offering luxury apartments and nearby retail amenities.View on map
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Address302 South Lake Avenue
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