Restaurant Building with
For Sale
Contact for pricing
1405 Demers Ave, Grand Forks, ND 58203
Restaurant property with dedicated dining, kitchen, bar, storage, and adjacent asphalt parking lots.
Property SizeContact for details
Days on Market144
Property Features for 1405 Demers Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Dakota Commercial
(701) 772-3101
Listed By:
Duane Wages III · License #ND 8509
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 5:54PM
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 Dakota Commercial
Investment Insights
Based on property information with market context.
The property includes a restaurant layout on the main floor with 3,523 SF devoted to a bar, kitchen, dining area, and bathrooms. A basement of the same size adds walk-in coolers, office space, a bathroom, food-preparation areas, and substantial storage capacity.
Two adjacent asphalt parking lots located south of the building are included in the sale. Furniture, fixtures, and equipment will be negotiated separately. A liquor license is available for transfer, providing an additional operational component for a restaurant buyer.
Two adjacent asphalt parking lots located south of the building are included in the sale. Furniture, fixtures, and equipment will be negotiated separately. A liquor license is available for transfer, providing an additional operational component for a restaurant buyer.
Key Highlights
- 3,523 SF main floor with bar, kitchen, dining area, and bathrooms
- Basement measures 3,523 SF and includes walk‑in coolers, prep areas, office, bathroom, and storage
- Two adjacent asphalt parking lots to the south are included
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
91k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 85%
Shops & Services 15%
McDonald's
Dining
22,168 visits/mo
0.4 miles
Starbucks
Dining
20,041 visits/mo
0.2 miles
Taco Bell
Dining
15,176 visits/mo
0.5 miles
Grand Forks #2
Shops & Services
7,105 visits/mo
0.1 miles
KFC
Dining
6,575 visits/mo
0.1 miles
Demographics for 58203, ND
16,165
Population
8,395
Households
1.9
Avg Household Size
29
Median Age
36%
College-Educated
95%
High-School Grad
68.7 sq mi
ZIP Area
235
Density / Sq Mi
$57,905
Median Household Income
$31,586
Median Earnings
$932
Median Rent
$202,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with dedicated dining, kitchen, bar, storage, and adjacent asphalt parking lots.
Where is this conventional restaurant located?
The property is located at 1405 Demers Ave Grand Forks, ND.
What are key features of this property?
This property features: 3,523 SF main floor with bar, kitchen, dining area, and bathrooms; Basement measures 3,523 SF and includes walk‑in coolers, prep areas, office, bathroom, and storage; Two adjacent asphalt parking lots to the south are included
