Building Details

Year Built 1980

Tenancy Multi

Listing Agency: Greenberg Realty

Listed By: Bob Twedt Show Phone

Source: Greenbergrealty

Added: Jul 22 Changed: Oct 27 Last Checked: Oct 26 at 4:18PM

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Investment Insights

Based on property information with market context.

This multi-tenant retail property was built in 1980 and contains eight units. Seven are occupied, and one space of approximately 800 square feet is open. The property has a history of rental activity.

Key Highlights

• 7 of 8 units occupied
• Approximately 800‑square‑foot space available
• Built in 1980

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Morgan Printing Marketing & Advertising Edward Jones - Financial ... Financial Advisor Farmers Insurance - Aaron ... Insurance Agency Occupational Development Center Medical Clinic Canna Corners EGF ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Nail Salon (Bike/Boat/Book/etc) Store Barber Shop Bakery Hair Salon

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

649

Businesses Nearby

72k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Apparel 38% Dining 34% Shops & Services 21% Home Improvements & Furnishings 8%

Cabela's Apparel

27,188 visits/mo 0.4 miles

McDonald's Dining

17,995 visits/mo 0.3 miles

Dollar General Shops & Services

6,914 visits/mo 0.4 miles

Local Ace Home Improvements & Furnishings

6,019 visits/mo 0.2 miles

Marathon Shops & Services

5,553 visits/mo 0.3 miles

Demographics for 56721, MN

10,602

Population

4,381

Households

2.4

Avg Household Size

36

Median Age

29%

College-Educated

95%

High-School Grad

192.4 sq mi

ZIP Area

55

Density / Sq Mi

$83,633

Median Household Income

$45,522

Median Earnings

$876

Median Rent

$247,200

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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Frequently Asked Questions

What type of property is this?

Strip mall - Seven units are occupied, with one additional retail space available for lease.

Where is this strip mall located?

The property is located at 910 CENTRAL Avenue NE East Grand Forks, MN.

What is the asking price?

The asking price for this property is $389,900.

What are key features of this property?

This property features: 7 of 8 units occupied; Approximately 800‑square‑foot space available; Built in 1980