Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1600 4Th Ave N Grand Forks, ND 58203

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,200,000

    Church property with multiple offices, kitchen, and parking.

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Ryan Bohn
    Source: Squarefootcommercial

    Listing Agent: Ryan Bohn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Grand Forks Church with Offices

    Located in North Grand Forks, this property was most recently used as a local church. Situated on one city block, the building features multiple offices and classrooms, totaling over 15 rooms, along with 7 bathrooms. A large kitchen and dining area are included. The main floor contains a large sanctuary, which was originally used as a gym. There is also a coffee shop and lounge area. The property includes green space for future improvement. Off-street parking is available, with 31 surface area spots. The building is located 3 blocks west of North Washington Street. The property has been impeccably maintained and features a newer roof, boiler system, and windows. Numerous uses are possible for this property.
    Location Intelligence

    Current Use by Public Records

    RCCG Lord's Temple Church Twin Forks Chorus Association / Organization

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grand Forks
    County
    Grand Forks
    State
    North Dakota
    Longitude
    -97.0501139
    Latitude
    47.9237935

    Nearby Similar for Sale

    • $350,000

      Former Bank Building For Sale

      Former bank building with drive-thru, adaptable to many uses.
      921 North Washington St, Grand Forks, ND 58203
      View Details
    • $825,000

      Multi-Use Property on Gateway Drive

      Multi-use property with visibility on Gateway (Hwy 2) near I-29.
      4212 Gateway Dr, Grand Forks, ND 58203
      View Details
    • $350,000

      Centrally Located Shop/Retail Space

      Shop/retail space with storage units in central Grand Forks.
      1323 8Th Ave, Grand Forks, ND 58201
      View Details
    • $119,900

      Updated Office Space For Sale

      Updated office space in North Grand Forks, maintenance-free exterior.
      1421 N 4Th St, Grand Forks, ND 58203
      View Details
    • $925,000

      Grand Forks Investment Property

      Well-maintained commercial property with long-term tenant in central Grand Forks.
      1010 S Washington St, Grand Forks, ND 58201
      View Details
    • Contact for pricing
      2,484 SF

      Modern Office Space For Sale

      Contemporary office space in a growing Grand Forks location.
      4500 36Th Ave S, Grand Forks, ND 58201
      View Details
    • $889,000

      Grand Forks Multifamily Investment Opportunity

      24-unit multifamily property in Grand Forks, built in 1963.
      2212 12Th Ave N, Grand Forks, ND 58201
      View Details
    • $340,000

      Grand Forks 10-Plex Near UND

      10-unit apartment building near the University of North Dakota.
      1225 Stanford Rd, Grand Forks, ND 58203
      View Details
    • $3,300,000

      New Commercial Building For Sale

      Built in 2022, located off Interstate 29 and Highway 2.
      4252 16Th Avenue Cir North, Grand Forks, ND 58203
      View Details
    • Contact for pricing
      10,600 SF

      Retail Strip Mall For Sale

      Retail strip mall with diverse tenants and income potential.
      2550 S Columbia Rd, Grand Forks, ND 58201
      View Details
    • $3,900,000

      Grand Forks Apartment Complex

      83-unit apartment complex near University of North Dakota campus.
      715 N 40Th St, Grand Forks, ND 58203
      View Details
    • $295,000

      Grand Forks Fourplex Investment Opportunity

      Fourplex in Grand Forks near UND and downtown.
      501 N 12Th St, Grand Forks, ND 58203
      View Details

    FAQs

    What type of property is this?
    Church & religious facility - Church property with multiple offices, kitchen, and parking.
    Where is this church & religious facility located?
    The property is located at 1600 4Th Ave N Grand Forks, ND.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Large building with **multiple offices/classrooms (15+), 7 bathrooms, kitchen, and dining area** offering numerous potential uses.; - Newer roof, boiler system, and windows indicate well-maintained infrastructure and reduced future maintenance costs.; - **Large sanctuary (originally a gym)** provides a versatile space for various activities or redevelopment.
    (218) 791-5184
    Request Owner's contact information
    1600 4Th Ave N Grand Forks, ND 58203
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1600 4Th Ave N
    Grand Forks, ND 58203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1600 4Th Ave N Grand Forks, ND 58203
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ryan Bohn
    Real Estate License ID: #20479240
    (218) 791-5184
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!