0 607/621-625Demers Ave, East Grand Forks, MN 56721
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.