Sale terms revealed for Radisson hotel in Duluth

By KBJR News 1

May 5, 2014 Updated May 5, 2014 at 8:33 PM CDT

Duluth, MN (NNCNOW.com) --- An iconic hotel in Duluth recently sold for $8.2 million according to papers filed with the St. Louis County Assessor's office.

A certificate of real estate value was filed with the county on April 24th.

The Radisson on Superior Street is known for its revolving JJ Astor Restaurant with spectacular views of the harbor.

The new owners of the hotel are listed as Duluth Hotel Ventures LLC.

Last year more than $3,000,000 in repairs were made to the hotel due to and suffered delays after a water main break flooded the hotel's lower level.

The Radisson Hotel has been part of downtown Duluth for more than 40 years.