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2721 20th Ave S Moorhead, MN 56560

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Two shop condos with expansion potential in Moorhead, Minnesota.

Type:Industrial
Property size:
19,500 SF
Added:
Oct 16, 2023
Days on Market:
920
Last Refresh:
Mar 17 at 1:24 pm

Property Features for 2721 20th Ave S

General Information

Standard status
Active
Size
19,500 SF
Property subtype
Industrial

Building Details

Year Built
2019

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Listing Contact
Justin Gustofson, CCIM, SIOR

Listing agent Justin Gustofson, CCIM, SIOR License #ND 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


Overview

Moorhead Shop Condos For Sale

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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Warehouse Unit J Warehouse & Storage

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

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.
More about this property
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