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2810 2Nd Ave Moorhead, MN 56560

Sponsored
For Sale
$3,208,000

42,625 SF Office, Vacant, Development Land

Property size:
3,316 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity in Moorhead, Minnesota, presents a unique blend of existing buildings and significant undeveloped land. The property encompasses three buildings totaling 42,625 square feet of net rentable space, previously used as a rehabilitation center (3,316 sq ft), assisted living center (10,763 sq ft), and nursing home (25,244 sq ft). Currently vacant, this versatile property offers a wide range of redevelopment possibilities, including but not limited to inpatient treatment centers, medical offices, daycare facilities, schools, co-working spaces, multifamily housing, or assisted living. Adding significant value is the inclusion of 147,831 square feet of undeveloped land, which can be sold separately from the existing buildings. The property sits on a large 354,735 square foot lot and is strategically located along US Highway 10. The buildings are single-story structures built in 1963 and classified as Class C. The asking price is $3,208,000. Seller financing is available, with a potential $600,000 second mortgage at 5.00% interest-only payments for 60 months, subject to qualification. This presents a compelling opportunity for owner-users or investors seeking a substantial property with significant upside potential.

Property Features for 2810 2Nd Ave

General Information

Property type
Multifamily properties
Square Feet
3,316 SF
Class
C

Building Details

Year Built
1963
Buildings
3
Stories
1
Units
3

HighLights

  • Three buildings totaling 42,625 square feet of net rentable area.
  • Former rehabilitation center (3,316 sq ft), assisted living center (10,763 sq ft), and nursing home (25,244 sq ft).
  • 147,831 square feet of undeveloped land available.
  • High‑visibility location on US Highway 10.
  • Redevelopment potential for various uses.
  • Seller financing available: $600,000 second mortgage at 5% interest‑only for 60 months (subject to qualification).
Property Profile Location Intelligence

Current Use by Public Records

Lauren Emmel, DPT Physical Therapist Moorhead Rehabilitation & Healthcare ... Nursing Home Erin Walters Nutritionist

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Moorhead
County
Clay
State
Minnesota
Longitude
-96.7351271
Latitude
46.877696

FAQs

What type of property is this?
Multifamily property - 42,625 SF Office, Vacant, Development Land
Where is this multifamily property located?
The property is located at 2810 2Nd Ave Moorhead, MN.
What is the asking price?
The asking price for this property is $3,208,000.
What are key features of this property?
This property features: Three buildings totaling 42,625 square feet of net rentable area.; Former rehabilitation center (3,316 sq ft), assisted living center (10,763 sq ft), and nursing home (25,244 sq ft).; 147,831 square feet of undeveloped land available.
More about this property
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