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

    4002 Washington St Grand Forks, ND 58201

    For Lease
    $18 SF/Yr ($5,370 /Mo)

    Prime Retail, 1,500-2,080 SF Available

    Lot size:
    3,580 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail opportunity is located in The Grove, a thriving retail center in Grand Forks, North Dakota. The property, situated at 4002 S Washington St, zip code 58201, offers a total of 3,580 square feet of brand new, vacant space, divisible into units ranging from a minimum of 1,500 square feet to a maximum contiguous space of 2,080 square feet. The building's prime location at the corner of South Washington Street and 40th Avenue South places it within a rapidly developing area, experiencing significant growth in both commercial and residential sectors. Nearby establishments include a newly constructed McDonald's directly across the street and a new Starbucks a short distance away, indicating a strong and growing consumer base. The surrounding area also boasts numerous new housing developments, further solidifying the location's high potential for retail success. The Grove itself is quickly becoming a popular destination, attracting a diverse range of shops and restaurants. This presents a unique chance for businesses to establish themselves in a vibrant and expanding retail environment within Grand Forks County. The property is ideal for businesses seeking high visibility and access to a substantial customer base in a rapidly growing area. Don't miss this opportunity to secure your space in this thriving retail center.

    Property Features for 4002 Washington St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,580 SF
    Total Rate
    5370

    Unit(s) available at that property

    Space
    Suite 202
    Size
    1,500 SF
    Rate per SF
    $18
    Space
    Suite 302
    Size
    2,080 SF
    Rate per SF
    $26

    HighLights

    • 3,580 SF of new, vacant retail space available in The Grove, Grand Forks, ND (58201).
    • Divisible into units from 1,500 SF to 2,080 SF.
    • High‑visibility corner location at S Washington St & 40th Ave S, in a rapidly growing area.
    • Strong co‑tenancy including McDonald's and Starbucks.
    • Surrounded by new residential development and a thriving retail center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -97.0463585
    Latitude
    47.881954

    Nearby Similar for Lease

    • $14 SF/Yr
      19,486 SF

      Grand Forks Office Suite Available

      1,950 SF Office Space - Grand Forks, ND
      4324 University Ave, Grand Forks, ND 58203
      View Details
    • $22 SF/Yr
      24,678 SF

      Grand Forks Medical Office Space

      Modern medical suites, ample parking.
      3221 32Nd Ave, Grand Forks, ND 58201
      View Details
    • $18 SF/Yr
      22,340 SF

      Grand Forks Medical Office Space

      Prime Medical & Retail Suites Available
      2650 32Nd Ave, Grand Forks, ND 58201
      View Details
    • $8 SF/Yr
      6,407 SF

      Rivers Edge Offices: Grand Forks

      Modern Grand Forks office suites available.
      311 4Th St, Grand Forks, ND 58203
      View Details
    • $12 SF/Yr
      1,000 SF

      Grand Forks Office Suites Available

      Affordable Grand Forks office space, various sizes.
      1407 24Th Ave, Grand Forks, ND 58201
      View Details
    • $22 SF/Yr
      20,996 SF

      Grand Forks Restaurant Spaces Available

      Two fully built-out restaurant spaces for lease.
      1970 Columbia Rd, Grand Forks, ND 58201
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Retail, 1,500-2,080 SF Available
    Where is this retail property located?
    The property is located at 4002 Washington St Grand Forks, ND.
    What is the lease rate?
    The lease rate is $18-$26 SF/Yr.
    What are key features of this property?
    This property features: 3,580 SF of new, vacant retail space available in The Grove, Grand Forks, ND (58201).; Divisible into units from 1,500 SF to 2,080 SF.; High-visibility corner location at S Washington St & 40th Ave S, in a rapidly growing area.
    Request Owner's contact information
    4002 Washington 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.
    4002 Washington 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
    4002 Washington 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.