Historic Building in Grand
For Lease
$18 SF/Yr
116 S 3rd St, Grand Forks, ND 58201
Prime location suitable for retail or restaurant use.
Space Size3,835 SF
Property Size47,241 SF
Days on Market167
Property Features for 116 S 3rd St
General Information
Standard status
Active
Size
3,835 SF
Property subtype
Retail
Lease Term
MG
Building Details
Building Size
47,241 SF
Year Built
1890
Spaces For Lease
at 116 S 3rd St Contact us- Size
- 3,835 SF
- Type
- Restaurant
- Term
- 36 months
Metropolitan Opera House $18/SF/Yr
Listing Agency:
Crary Real Estate
(218) 791-5184
Listed By:
Ryan Bohn · License #MN #20479240
Source:
Squarefootcommercial
Added: Mar 6
Changed: Aug 19
Last Checked: Aug 20 at 6:04AM
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 Crary Real Estate
Investment Insights
Based on property information with market context.
This property, located in Grand Forks, ND, offers a lease opportunity within a building that blends historic charm with modern amenities. Constructed in 1890, the building is zoned B-4, providing flexibility for a wide range of business operations, particularly retail or restaurant use. The property is strategically located in downtown Grand Forks, offering convenient access to dining, shopping, and entertainment options. Nearby attractions include the Empire Arts Center, Town Square, and the greenway on the Red River. The surrounding area combines historical charm with contemporary appeal, creating a dynamic environment for prospective tenants.
Key Highlights
- Strategic location in the heart of Grand Forks.
- Flexible B‑4 zoning allows for a wide range of business operations.
- Historic charm combined with modern amenities.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,176
Businesses Nearby
40k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 67%
Shops & Services 24%
Dining 8%
Cabela's
Apparel
27,188 visits/mo
0.4 miles
Gate City Bank
Shops & Services
4,068 visits/mo
0.2 miles
Romantix
Shops & Services
3,903 visits/mo
0.1 miles
Valley Dairy
Dining
3,406 visits/mo
0.1 miles
U.S. Bank
Shops & Services
1,844 visits/mo
0.3 miles
Demographics for 58201, ND
42,598
Population
20,277
Households
2.1
Avg Household Size
34
Median Age
40%
College-Educated
96%
High-School Grad
69.0 sq mi
ZIP Area
617
Density / Sq Mi
$69,120
Median Household Income
$43,503
Median Earnings
$966
Median Rent
$274,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Prime location suitable for retail or restaurant use.
Where is this retail space located?
The property is located at 116 S 3rd St Grand Forks, ND.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Strategic location in the heart of Grand Forks.; Flexible B‑4 zoning allows for a wide range of business operations.; Historic charm combined with modern amenities.
