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Automotive Property at Highway Intersection
For Sale
$354,200

1111 CENTRAL Avenue NW, East Grand Forks, MN 56721

The site occupies the junction of Highway 2 East and Highway 220 North in East Grand Forks.

Property SizeContact for details
Days on Market138

Property Features for 1111 CENTRAL Avenue NW

General Information

Standard status Active
Property subtype Business

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Additional Details

Real Estate Included Yes

Taxes and HOA fees

Annual Taxes $4,264
Listing Agency: Berkshire Hathaway Homeservices Family Rea
Listed By: Michael Marcotte · License #8744
Source: Greenbergrealty
Added: Jun 15 Changed: Oct 27 Last Checked: Oct 26 at 3:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway Homeservices Family Rea

Rey
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Investment Insights

Based on property information with market context.

This automotive property was formerly used as a dealership. Its position at the meeting of Highway 2 East and Highway 220 North places it at a clearly identified highway junction in East Grand Forks, Minnesota.

Key Highlights

  • Former dealership property at the junction of Highway 2 East and Highway 220 North
  • Located in East Grand Forks, Minnesota

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Nail Salon Real Estate Agency Bakery Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby
40k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 61% Shops & Services 24% Home Improvements & Furnishings 15%
McDonald's Dining
17,995 visits/mo 0.2 miles
Dollar General Shops & Services
6,914 visits/mo 0.2 miles
Local Ace Home Improvements & Furnishings
6,019 visits/mo 0.2 miles
Mexico Restaurant Dining
3,482 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
2,457 visits/mo 0.1 miles

Demographics for 56721, MN

10,602
Population
4,381
Households
2.4
Avg Household Size
36
Median Age
29%
College-Educated
95%
High-School Grad
192.4 sq mi
ZIP Area
55
Density / Sq Mi
$83,633
Median Household Income
$45,522
Median Earnings
$876
Median Rent
$247,200
Median Home Value
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Storage Max — 623 Gateway Dr NE, East Grand Forks, MN 56721
  • U-Haul Neighborhood Dealer — 1708 Central Ave, East Grand Forks, MN 56721

Frequently Asked Questions

What type of property is this?
Automotive property - The site occupies the junction of Highway 2 East and Highway 220 North in East Grand Forks.
Where is this automotive property located?
The property is located at 1111 CENTRAL Avenue NW East Grand Forks, MN.
What is the asking price?
The asking price for this property is $354,200.
What are key features of this property?
This property features: Former dealership property at the junction of Highway 2 East and Highway 220 North; Located in East Grand Forks, Minnesota
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