2721 20th Ave S, Moorhead, MN 56560

Building Details

Year Built

2019

Listing agent Justin Gustofson, CCIM, SIOR License #9860

Listing office Property Resources Group

Listing date Oct 16, 2023

Source Crexi

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

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Overview

Two 9,750 square foot shop condos constructed by Morton Buildings are available for sale in Moorhead, Minnesota. The property is valued at a proforma 7% CAP rate in the sales price. Available land on the south side offers space for two additional 9,750 square foot building sites with utility infrastructure and storm water retention already in place. The land is valued at $350,000. Potential city incentives may be available for the construction of additional buildings.

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Pharmacy Gym & Fitness Center Auto Parts Store

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

Similar Places Nearby

• Kim's Homemade Cuisine — 1204 24th Ave S, Moorhead, MN 56560

Location Insight

• Map
• Local Demand

City

Moorhead

County

Clay

State

Minnesota

Longitude

-96.7334993

Latitude

46.855797

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FAQs

What type of property is this?

Flex space - Two shop condos with expansion potential in Moorhead, Minnesota.

Where is this flex space located?

The property is located at 2721 20th Ave S Moorhead, MN.

What is the asking price?

The asking price for this property is $2,950,000.

What are key features of this property?

This property features: Two 9,750 SF shop condos constructed by Morton Buildings.; Proforma 7% CAP rate at sales price.; Space for two additional 9,750 SF building sites.