Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    311 4Th St Grand Forks, ND 58201

    Sponsored
    For Sale
    $2,995,000

    Downtown Grand Forks Office Complex, High Occupancy

    Property size:
    38,834 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class B office building, known as River's Edge, presents a compelling investment opportunity in the heart of Grand Forks, North Dakota. Located at 311 S 4th St, 58201, this multi-tenant property boasts 38,834 square feet of rentable space situated on a generous 1.194-acre lot. Currently enjoying a 96% occupancy rate, the building houses approximately 28 diverse tenant suites, catering to a wide range of businesses including government agencies, legal firms, accounting practices, insurance companies, engineering firms, and non-profit organizations. The asking price is $2,995,000, translating to a price per square foot of $77.12. The property features a modified lease type and benefits from recent updates, including refreshed landscaping, modernized common bathrooms, and updated carpeting and paint throughout. This well-maintained building offers a stable income stream and significant potential for future growth, making it an attractive addition to any investment portfolio. The property's prime downtown location and diverse tenant mix contribute to its strong financial performance and long-term viability. This is a rare opportunity to acquire a high-performing, multi-tenant office building in a thriving North Dakota market.

    Property Features for 311 4Th St

    General Information

    Property type
    Office space
    Square Feet
    38,834 SF
    Class
    B
    Lot Size
    52,011 SF

    HighLights

    • Class B office building, 38,834 rentable sq ft, located at 311 S 4th St, Grand Forks, ND 58201.
    • 96% occupancy with ~28 diverse tenant suites.
    • Asking price: $2,995,000 ($77.12/sq ft).
    • Situated on a 1.194‑acre lot.
    • Recent updates include landscaping, bathrooms, carpeting, and paint.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wellness701 Lymph Drainage Therapist WillowLife Center Yoga Studio Thompson-Schaefer Insurance Agency Insurance Agency Gereszek Law Criminal Justice Attorney Wentz Gary R Counselor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Grand Forks
    County
    Grand Forks
    State
    North Dakota
    Longitude
    -97.02683467
    Latitude
    47.92175126

    Nearby Similar for Sale

    • Contact for pricing
      73,478 SF

      70-Bed Psychiatric Hospital Available

      73,478 SF psychiatric hospital with 70 beds for sale.
      1451 44Th Ave S, Grand Forks, ND 58201
      View Details
    • $3,300,000

      New Commercial Building For Sale

      Built in 2022, located off Interstate 29 and Highway 2.
      4252 16Th Avenue Cir North, Grand Forks, ND 58203
      View Details
    • $1,900,000
      10,600 SF

      Retail Strip Mall For Sale

      Retail strip mall with diverse tenants and income potential.
      2550 S Columbia Rd, Grand Forks, ND 58201
      View Details
    • $1,900,000
      99,146 SF

      Former Macy's Store Available

      99,146 SF retail space connected to mall.
      2800 S Columbia Rd, Grand Forks, ND 58201
      View Details
    • $469,000
      2,484 SF

      Modern Office Space For Sale

      Contemporary office space in a growing Grand Forks location.
      4500 36Th Ave S, Grand Forks, ND 58201
      View Details
    • $3,950,000
      6,171 SF

      Former Restaurant on 1.8 Acres

      Former restaurant with furniture, fixtures, equipment, and ample parking.
      2675 32Nd Ave S, Grand Forks, ND 58201
      View Details
    • $6,500,000
      74,519 SF

      Grand Forks Hotel Investment

      100-Room Hotel, Prime Location
      1205 43Rd St, Grand Forks, ND 58203
      View Details
    • Contact for pricing
      3,925 SF

      Apex Tower: Grand Forks Office Space

      Downtown Grand Forks Office, 3925 SF
      600 Demers Ave, Grand Forks, ND 58201
      View Details
    • $1,900,000
      99,146 SF

      Grand Forks Retail Giant - Macy's

      Prime Retail Space, 99,146 SF
      2800 Columbia Rd, Grand Forks, ND 58201
      View Details
    • $3,300,000
      12,196 SF

      Grand Forks Office Park Investment

      Modern Office Park, 12,196 SF, 80% Occupied
      4303 Columbia Rd, Grand Forks, ND 58201
      View Details
    • $1,850,000
      9,520 SF

      Grand Forks Industrial Investment

      Multi-tenant flex warehouse, high NOI.
      6801 27Th Ave, Grand Forks, ND 58203
      View Details
    • $199,780
      1,040 SF

      Heartland Caves Condo: Grand Forks

      Mixed-use condo, perfect man cave
      2975 Heartland Dr, Grand Forks, ND 58201
      View Details

    FAQs

    What type of property is this?
    Office space - Downtown Grand Forks Office Complex, High Occupancy
    Where is this office space located?
    The property is located at 311 4Th St Grand Forks, ND.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: Class B office building, 38,834 rentable sq ft, located at 311 S 4th St, Grand Forks, ND 58201.; 96% occupancy with ~28 diverse tenant suites.; Asking price: $2,995,000 ($77.12/sq ft).
    Request Owner's contact information
    311 4Th St Grand Forks, ND 58201
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    311 4Th St
    Grand Forks, ND 58201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    311 4Th St Grand Forks, ND 58201
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.