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    OFF-MARKET
    Office Spaces

    0 607/621-625Demers Ave, East Grand Forks, MN 56721

    14,838 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14,838 square foot medical office building in East Grand Forks, Minnesota, offers a unique opportunity for healthcare professionals. Located at 607/621-625 Demers Ave, 56721, this prime location boasts high traffic counts and ample parking, situated directly across from City Hall. The property features multiple suites ranging from 719 to 6,509 contiguous square feet, all currently vacant and immediately available. Units are available on both the first and second floors and offer a variety of configurations, including open areas, private offices, and private restrooms. A shared lounge/kitchenette area adds convenience. The building is ideal for medical practices of all sizes, offering flexibility with the ability to combine spaces to meet specific needs. Tenant improvement allowances are negotiable, making this an attractive option for businesses seeking a move-in ready space or those requiring customization. This property offers a fantastic opportunity to join established healthcare providers Sanford Health and Altru Health in a thriving location. The property is in Polk County and is easily accessible.

    Property profile
    Verified
    Property type Office Spaces
    Total area 14,838 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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