Property summary
This exceptional 4,620 square foot restaurant space, located at 300 3rd Ave NE in East Grand Forks, Minnesota, is available for $295,000. Boasting a prime location off Business Highway 2, this property offers unparalleled visibility and accessibility for potential customers. The spacious layout provides ample room for a variety of restaurant concepts or other suitable retail ventures. The asking price of $295,000 translates to $63.85 per square foot, representing a compelling investment opportunity in a thriving Minnesota community. Situated in Polk County, with a zip code of 56721, this property is ideally positioned to capture significant foot traffic and drive business success. The property's strategic location ensures easy access for customers and high visibility from the main thoroughfare. This presents a unique chance to establish or relocate a business in a vibrant and growing area of East Grand Forks. The substantial square footage allows for creative design and layout options, catering to diverse business needs. Don't miss this chance to own a piece of East Grand Forks' commercial real estate market. This property is ready for its next chapter.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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