350 1St Ave Grand Rapids, MN 55744
- Retail properties
- 8,450 SF
Current Use by Public Records
- Echelon Wealth Partners - Ameriprise Financial Services, LLC / Financial Planner / Investment Service
- Grand Rapids Area Community Foundation / Non-Profit Organization
- Dimich Law Office / Law Firm / Legal Services
- Jennifer Bymark - Financial Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service
- Roots Chiropractic Center / Chiropractor
Property Details for 350 1St Ave
- Year built
- 1903
- Property size
- 8,450 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional three-story, 8,450 square foot Class B office building, located at 350 NW 1st Ave in Grand Rapids, Minnesota, presents a compelling investment opportunity. Built in 1903 and renovated in 2002, the property boasts eight suites in a traditional office configuration, with 2,750 square feet currently vacant, offering immediate potential for income generation. The building enjoys a prime location on a high-traffic block, providing excellent visibility and multiple signage options for tenants. Convenient access is ensured with multiple entrances to suite F, and a dedicated entrance from 4th Street. Ample parking is available with 47 spaces, and the building is equipped with elevators for easy access to all three floors. Situated in Itasca County, the property's address is 350 NW 1st Ave, Grand Rapids, MN 55744. This well-maintained building offers a blend of historic charm and modern functionality, making it an ideal investment for those seeking a strong presence in a thriving Minnesota community. The property's multiple suite configuration allows for flexibility in tenant occupancy and income streams. The building's location and features make it an attractive option for a variety of businesses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Rapids
- County
- Itasca
- State
- Minnesota
- Longitude
- -93.5297
- Latitude
- 47.2358