Wells Fargo Center - Value Add | Duluth, MN Listing Details & Market Data

230 W Superior Street, Duluth, MN 55802

  • For Sale Negotiable
  • Property Type Office - General Office
  • Property Size 98,068 SF
  • Lot Size 0.26 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1956
  • Year Renovated 1972
  • Date Updated Apr 23, 2024
n/aValue Add Opportunity - This property offers many possibilities including a traditional value add office or a variety of conversion possibilities. The prime downtown location has sweeping big lake views overlooking Canal Park and Lake Superior. Strategic Investments - Current ownership has made over $2,000,000 in investments into multiple CAPEX projects during ownership. See page 6 for details. Recent Parking Deck Renovations - In 2016 the City of Duluth/Duluth Transportation Authority completed $27,000,000 in renovations to the parking deck facility connected to this building. Tenant-Centric Amenities - The property has several amenities for tenants including parking, secure elevator and lobby areas, overlooks Lake Superior, skywalk access to downtown, and flex space and storage options. Prime Downtown Location - Great corner location in downtown Duluth. Centrally located with signage, skyway access, and high traffic counts. Market Advantage - In the Duluth CBD there are no office properties under construction, and nothing has been delivered in the past three years. Ability to Rebrand Asset - LL reserves the right to remove / replace one of the two Wells Fargo signs at the top of the building in the event that user occupies more SF than Wells Fargo.

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Highlights

  • Abundant, priority secured parking (daily, monthly, hourly rates).
  • Elevator security/fob access with the ability to lock out each floor at the tenant’s desire.
  • Office space that overlooks Lake Superior.
  • Fully-secured lobby areas with bank security surveillance.
  • Skywalk access throughout downtown Duluth, including skywalk access across I-35 to the Duluth Economic Convention Center / Lake Superior.
  • Within walking distance of multiple restaurants/coffee shops.
  • Flex space and storage options are available.
  • Within walking distance of the YMCA.
  • Roof replaced in 2012 - $185,000. The warranty runs through 7/30/2032; the Skywalk to parking deck warranty runs through January 2031.
  • Chiller replaced in 2012 - $227,000.
  • Elevators modernized with individual floor security settings depending on occupant needs in 2014 - $1,000,000.
  • Windows replaced with triple pane, including tuck-point work on exterior in 2017 - $1,100,000.
  • HVAC controls upgraded in 2016 - $100,000.

Contacts

broker

Brian Brisky

Brisky Net Lease

(612) 413-4200

Location

Getting Around

  • Walk Score ®

    Very Walkable (76)

  • Transit Score ®

    Good Transit (52)

  • Bike Score ®

    Very Bikeable (72)
Powered by Walk Score ®
  • City Duluth, MN
  • Neighborhood Duluth Central Business District
  • Zip Code 55802

Points of Interest

  • Transportation Center

    0.04 miles

  • Union Depot

    0.20 miles

  • Tesla Supercharger

    0.08 miles

  • ICO

    0.28 miles

  • Speedway

    0.85 miles

  • M & H

    0.87 miles

  • Mobil

    1.41 miles

  • Kwik Trip

    1.85 miles

  • Ico

    2.06 miles

  • Kwik Trip

    2.16 miles

  • Holiday

    2.42 miles

  • Holiday

    2.43 miles

  • North Ramp

    0.14 miles

  • South Ramp

    0.19 miles

  • DECC Parking Lot

    0.22 miles

  • Hart Parking Ramp

    0.39 miles

  • Church Parking

    0.77 miles

  • Lot W

    2.28 miles

  • Lot B

    2.30 miles

  • Q-2

    2.40 miles

  • Lot V

    2.42 miles

  • Q-3

    2.43 miles

  • India Palace

    0.07 miles

  • Red Lobster

    0.23 miles

  • Cloud 9

    0.25 miles

  • Pizza Lucé

    0.26 miles

  • Green Mill

    0.29 miles

  • Famous Dave's

    0.30 miles

  • Dairy Queen

    0.30 miles

  • Chachos Taqueria

    0.31 miles

  • Lake Avenue Café

    0.34 miles

  • Northern Waters Smokehaus

    0.35 miles

  • Myers-Wilkins Elementary School

    1.23 miles

  • Marshall School

    1.29 miles

  • Boys and girls club

    1.92 miles

  • Community Action Duluth/Boys and Girls Club of the Northlands

    1.94 miles

  • Lake Superior College

    2.00 miles

  • College of St. Scholastica

    2.22 miles

  • College of Saint Scholastica

    2.24 miles

  • Large Lakes Observatory

    2.25 miles

  • University of Minnesota Duluth

    2.63 miles

  • East High School

    3.96 miles

Contact Listing Broker

broker

Brian Brisky

Brisky Net Lease

(612) 413-4200