Another entire building has been listed for sale in downtown Duluth and this one is even more surprising because not only was it recently constructed, but the building was just purchased three years ago by ASNA PropCo for $15 million.

The 11-story building, located at 425 W. Superior Street, serves as the corporate headquarters of Maurices, an apparel retailer with $1.2B of sales and over 900 stores throughout the Midwest.

According to the updated listing on LoopNet, the 187,613-square-foot office building is a top-tier, LEED-certified, Class A office building.

Maurices Corporate Headquarters / Loopnet.com
Maurices Corporate Headquarters / Loopnet.com
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Area Development Magazine says that a Class A office building represents the newest and highest quality buildings in their market. They are generally "the best-looking buildings with the best construction and possess high-quality building infrastructure."

Loopnet.com
Loopnet.com
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Class A buildings also are well located, have good access, and are professionally managed.

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The listing states that the building is expected to be 81% leased before the closing date, with select available retail space on the first and second floors.

Loopnet.com
Loopnet.com
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Besides Maurices, the other primary tenants in the office building are Premium Brands (Ann Taylor & LOFT), two iconic women’s apparel businesses.

Loopnet.com
Loopnet.com
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According to a report by FOX 21, Maurices Chief Administrative Officer Sue Ross said that while she's aware that the building is for sale, the company has a long-term lease with the building and Maurices isn't going anywhere.

Loopnet.com
Loopnet.com
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As for the value of the property, in 2023 county records show the value of the property and building amounting to $28,521,500.

Loopnet.com
Loopnet.com
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This marks the second downtown Duluth office building to be listed for sale this year, with Duluth's Wells Fargo Center hitting the market earlier.

SEE NOW: Downtown Duluth's Wells Fargo Center Is Now For Sale

Loopnet.com
Loopnet.com
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Whoever the owner is, they'll certainly own one of the finest corporate HQ office buildings in the country with quality tenants already in place.

Loopnet.com
Loopnet.com
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The property also has great views of Lake Superior and lots of retail, restaurants, and hotels nearby.

SEE NOW: ‘Haunted’ Minnesota Sanatorium Went Viral, Now There’s A Buyer

Sold! This Park Point Mansion Had Been The Most Expensive Listing in Duluth, Minnesota!

You didn't have to travel to the coast in the summer of 2021 to see an amazing mansion for sale on the shore of a massive body of water! Park Point in Duluth, Minnesota provides miles of beach along Lake Superior along with some unique and striking properties.

One striking home provides 5,300 square feet of luxury as well as beautiful views and direct access to the lake.

The home was originally listed for $2.5 million and the sellers ultimately received every penny of that asking price. The new owners closed on their amazing purchase on September 14, 2021.

Take another look at these exterior and interior pictures of this gorgeous property. It's worth it!
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