45 4th St

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

45 4th St

Proctor, MN 55810
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

45 4th Street is situated in the central business district of Proctor, Minnesota, a community located approximately ten miles west of downtown Duluth. The property occupies a prominent corner position within a walkable neighborhood characterized by local service providers and small-scale residential developments. It benefits from immediate proximity to Highway 2, a primary regional artery, providing straightforward transportation access for both local residents and commuters. Nearby amenities include the Proctor City Hall, local dining establishments, and community parks. This asset is suitable for a range of neighborhood-level retail applications, including boutique shops, specialty services, or convenience-oriented businesses. The typical tenant profile includes small business owners or service providers seeking high visibility and consistent foot traffic within a stable local market. The building’s configuration and central location make it an appropriate choice for operators requiring a functional presence in the Proctor area.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times