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Retail Building with Cannabis Approval
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123 8th Street South, Moorhead, MN 56560

Established commercial building with city-approved cannabis retail use and on-site paved parking.

Property Size8,564 SF
Price / SF$87.58
Days on Market14

Property Features for 123 8th Street South

General Information

Standard status Active
Size 8,564 SF
Total Parking Spaces 5
Property subtype Retail, Office

Site & Location

Corner Location Yes
Traffic Count 18,000 vehicles/day
Road Access Yes

Land

Land Use retail
Entitled Yes

Building Details

Year Built 1965
Buildings 1
Listing Agency: Property Resources Group
Listed By: Dan Hicks · License #ND 7500
Source: Crexi
Added: Aug 18 Changed: Aug 30 Last Checked: Aug 30 at 1:46PM

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 Property Resources Group

Investment Insights

Based on property information with market context.

The property is an 8,564-square-foot retail building at 123 8th Street South in Moorhead, Minnesota. Constructed in 1965, the building offers a commercial storefront setting with five paved parking spaces along its west side. Additional street parking is available on 2nd Ave.

The site benefits from an approximate traffic count of 18,000 vehicles per day along 8th Street. The city of Moorhead has approved the property for cannabis retail, providing a documented use designation for that business category.

Key Highlights

  • 8,564 SF retail building at 123 8th Street South
  • Approx. 18,000 VPD traffic count on 8th Street
  • Approved for Cannabis Retail by the city of Moorhead

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Grocery & Convenience 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

18,000 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

972
Businesses Nearby

Demographics for 56560, MN

44,205
Population
19,366
Households
2.3
Avg Household Size
34
Median Age
42%
College-Educated
95%
High-School Grad
157.4 sq mi
ZIP Area
281
Density / Sq Mi
$71,114
Median Household Income
$42,072
Median Earnings
$1,019
Median Rent
$248,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Established commercial building with city-approved cannabis retail use and on-site paved parking.
Where is this retail space located?
The property is located at 123 8th Street South Moorhead, MN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 8,564 SF retail building at 123 8th Street South; Approx. 18,000 VPD traffic count on 8th Street; Approved for Cannabis Retail by the city of Moorhead
(423) 605-0773 Call to check price and availability
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