Downtown Moorhead Investment
For Sale
Contact for pricing
810 4th Ave S, Moorhead, MN 56560
Investment property in Downtown Moorhead with apartment and commercial spaces.
Property Size79,632 SF
Price / SF$100.15
Days on Market685
Property Features for 810 4th Ave S
General Information
Standard status
Active
Size
79,632 SF
Property subtype
Mixed Use
Net Operating Income
$498,431
Building Details
Year Built
1920
Stories
2
Listing Agency:
Property Resources Group
(701) 200-7691
Listed By:
Matt Olson · License #ND 7557
Source:
Crexi
Added: Oct 15, 2024
Changed: Aug 14
Last Checked: Aug 29 at 3:15PM
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
Investment Insights
Based on property information with market context.
This investment property is located in Downtown Moorhead, MN. Known as The Lofts at Townsite, it features a favorable location with ample parking and proximity to several amenities. The property includes 51 apartment units, all constructed within the last 10 years, with excellent occupancy. The commercial space is fully occupied, presenting an opportunity for increased rental income as the current rents are below market value. Additionally, there are 9 garages on the property, with available space to construct more.
Key Highlights
- Great location in Downtown Moorhead, MN with ample parking and walking distance to amenities.
- Excellent occupancy in 51 apartment units, all new within the last 10 years.
- Upside potential in 100% occupied commercial space due to below market rents.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,019
Businesses Nearby
Explore this area
Business Placement
Demographics for 56560, MN
44,205
Population
19,366
Households
2.3
Avg Household Size
34
Median Age
42%
College-Educated
95%
High-School Grad
157.4 sq mi
ZIP Area
281
Density / Sq Mi
$71,114
Median Household Income
$42,072
Median Earnings
$1,019
Median Rent
$248,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Investment property in Downtown Moorhead with apartment and commercial spaces.
Where is this mixed-use property located?
The property is located at 810 4th Ave S Moorhead, MN.
What is the asking price?
The asking price for this property is $7,975,000.
What are key features of this property?
This property features: Great location in Downtown Moorhead, MN with ample parking and walking distance to amenities.; Excellent occupancy in 51 apartment units, all new within the last 10 years.; Upside potential in 100% occupied commercial space due to below market rents.
