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Equipped Restaurant Space Available
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623 S Washington St, Grand Forks, ND 58201

Fully equipped restaurant sublease opportunity in high-traffic Grand Forks corridor.

Space Size2,121 SF
Days on Market101

Property Features for 623 S Washington St

General Information

Standard status Active
Size 2,121 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 623 S Washington St Contact us

623 S Washington St $26/SF/Yr

Floor
1
Size
2,121 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
Yes
- Rare opportunity to sublease a beautifully designed, fully equipped restaurant...
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Listing Agency: Horizon Real Estate Group
Listed By: Jace Engelstad · License #10937
Source: Moodyscre
Added: May 27 Changed: Sep 3 Last Checked: Sep 2 at 12:10PM

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 Horizon Real Estate Group

Investment Insights

Based on property information with market context.

This is an opportunity to sublease a fully equipped restaurant space. The restaurant features a design and is located in a high-traffic area. All equipment is available for purchase. The location offers strong traffic and excellent visibility. The space is in Grand Forks' busiest corridors.

Key Highlights

  • Fully equipped restaurant, ready for immediate operation.
  • Affordable equipment purchase price.
  • High‑traffic location in a busy corridor.

Property Analytics

Current Use

BurgerSear Restaurant Smiling Moose Take-out & Catering Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Spa & Massage Center Nail Salon HVAC Service

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

NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

532
Businesses Nearby
111k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 69% Shops & Services 31%
McDonald's Dining
22,168 visits/mo 0.4 miles
Starbucks Dining
20,041 visits/mo 0.0 miles
Circle K Shops & Services
15,367 visits/mo 0.5 miles
Taco Bell Dining
15,176 visits/mo 0.5 miles
Grand Forks #2 Shops & Services
7,105 visits/mo 0.0 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

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

What type of property is this?
Conventional restaurant - Fully equipped restaurant sublease opportunity in high-traffic Grand Forks corridor.
Where is this conventional restaurant located?
The property is located at 623 S Washington St Grand Forks, ND.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Fully equipped restaurant, ready for immediate operation.; Affordable equipment purchase price.; High‑traffic location in a busy corridor.
(701) 261-8061 Call to check price and availability
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