JLL Brokers Sell Canal Park Square Mixed-Use Redevelopment In Duluth For $8.5M

Canal Park Square, a historic mixed-use redevelopment in Duluth, Minnesota, has been sold for $8.5 million. The property features 29 residential units and six retail spaces.

Summary of transation details

• Property Type: MultiFamily
• Transaction Amount: $8,500,000
• Address: 302 South Lake Avenue, Duluth, MN
• Market: Duluth, MN

JLL Capital Markets facilitated the successful sale of Canal Park Square. The brokers involved in this transaction were Adam Haydon, Dan Linnell, Devon Dvorak, Josh Talberg, and Mox Gunderson from JLL.

This sale marks an important milestone for Canal Park Square, a sought-after mixed-use development in Duluth. With its historic charm and prime location, this property offers both residential and commercial opportunities. The sale was carried out smoothly, thanks to the expertise and professionalism of JLL and their team of brokers.