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    1970 Columbia Rd Grand Forks, ND 58201

    For Lease
    $22 SF/Yr

    Two fully built-out restaurant spaces for lease.

    Lot size:
    20,996 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional opportunity presents two fully built-out restaurant spaces available for lease in a prime Grand Forks, North Dakota location. Situated at 1970 S Columbia Rd, this property boasts a total building size of 20,996 square feet, with 7,902 square feet currently vacant and ready for immediate occupancy. The two individual spaces range in size from 3,477 square feet to 7,902 square feet, offering flexibility for various restaurant concepts. The spaces are described as being in "brand new" condition, indicating a high level of finish and minimal need for renovations. The property's location on South Columbia Road, a major Grand Forks arterial, ensures high visibility and accessibility for potential customers. This is an ideal opportunity for established restaurant businesses seeking expansion or new ventures looking to establish a presence in a thriving market. The property is located in Grand Forks County, North Dakota, zip code 58201. The building's multiple tenancy structure provides a dynamic environment, and the available spaces are ready for immediate use. This is a rare opportunity to secure a well-located, fully built-out restaurant space in a desirable area. Interested parties should inquire promptly to secure their preferred space.

    Property Features for 1970 Columbia Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,996 SF
    Total Rate
    38492.67

    Unit(s) available at that property

    Space
    Suite 101
    Size
    7,902 SF
    Rate per SF
    $22
    Space
    Suite 103
    Size
    7,902 SF
    Rate per SF
    $22

    HighLights

    • Two fully built‑out restaurant spaces available for lease in Grand Forks, ND.
    • 20,996 square foot building with 7,902 square feet immediately available.
    • Individual spaces range from 3,477 to 7,902 square feet, in brand‑new condition.
    • High‑visibility location on S Columbia Rd, a major Grand Forks arterial, in zip code 58201.
    • Ideal for restaurant expansion or new ventures.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    First International Bank ... Bank Jersey Mike's Subs Caterer T-Mobile Authorized Retailer Internet Service Provider Men's Hair Co. Hair Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -97.067251046496
    Latitude
    47.901255560043

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    FAQs

    What type of property is this?
    Restaurant - Two fully built-out restaurant spaces for lease.
    Where is this restaurant located?
    The property is located at 1970 Columbia Rd Grand Forks, ND.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Two fully built-out restaurant spaces available for lease in Grand Forks, ND.; 20,996 square foot building with 7,902 square feet immediately available.; Individual spaces range from 3,477 to 7,902 square feet, in brand-new condition.
    Request Owner's contact information
    1970 Columbia Rd Grand Forks, ND 58201
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    Grand Forks, ND 58201
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    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
    1970 Columbia Rd Grand Forks, ND 58201
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