With the holiday season about to kick into overdrive, the residential real estate market in Duluth traditionally slows down a bit until after the new year, and usually until sometime after the Super Bowl. But as home buyers take a break from the daunting task of trying to find a new home in Duluth, the commercial real estate market often stays pretty active through the winter season, and this year appears to be no different.
Believe it or not, buying either a home or a commercial property towards the end of the year can have many advantages including better rates on investment property loans, as long as you don’t mind getting out and fighting the cold. But for the most part, a little snow and those chilly sub-zero temperatures rarely keep Minnesotans from getting things done, which no doubt includes reaching a deal on a new home, condo, or commercial property you like.
If you’re looking to invest, commercial listings in Duluth are often priced to sell during the winter, or at the very least, sellers are more than willing to negotiate. In addition, many business owners looking to make a move also want to be up-and-running in their new location prior to the spring season when locals start being more active, which is one of the primary reasons why commercial real estate in Duluth stays hot during the coldest time of the year.
Last week, the Duluth News Tribune featured a number of great opportunities on the commercial side of the Duluth real estate market, but the list of attractive options doesn’t just stop there. For a closer look at what's currently available, give us a call to discuss all your commercial real estate needs, or click on the link above to start viewing any and all active commercial real estate listings in beautiful Duluth, Minnesota.