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Equipped Restaurant Space Available
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623 South Washington Street, 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 South Washington Street

General Information

Standard status Active
Size 2,121 SF
Class A
Property subtype Restaurant

Building Details

Building Size 2,121 SF
Tenancy Single

Spaces For Lease

at 623 South Washington Street Contact us

Suite 1

Size
2,121 SF
Type
Restaurant
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Horizon Real Estate Group
Listed By: David Schlossman · License #ND 8360
Source: Crexi
Added: May 22 Changed: Aug 17 Last Checked: Aug 28 at 8:37PM

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

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
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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 South Washington Street Grand Forks, ND.
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) 478-7600 Call to check price and availability
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