2810 2Nd Ave Moorhead, MN 56560
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Lauren Emmel, DPT / Physician
- Moorhead Rehabilitation & Healthcare Center / Nursing Home
- Erin Walters / Physician
Property Details for 2810 2Nd Ave
- Year built
- 1963
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moorhead
- County
- Clay
- State
- Minnesota
- Longitude
- -96.7351
- Latitude
- 46.8777
