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    OFF-MARKET
    Office buildings

    418 3rd NW St, East Grand Forks, MN 56721-1713

    3,552 SF 0.18 ac lot Built 1984
    Entity Owned Free & Clear
    Property ID
    US46-2032083
    Property summary
    AI-generated overview

    This exceptional 3,552 square foot executive office space in East Grand Forks, Minnesota, is priced at $674,900 ($190.01/sq ft). Located at 418 3rd St NW, 56721, this property sits on a 7,700 square foot lot and offers unparalleled flexibility. The thoughtfully designed interior can be easily divided into two separate office suites. One potential configuration includes 5 offices, a conference room, copier room, reception/waiting area, and two restrooms. The second area boasts a private entrance, reception/waiting area, 4 offices, 2 conference rooms, a restroom, copier room, and a shared kitchen. The entire space features nine offices, three conference rooms, three restrooms, two reception areas, and ample storage. High-end finishes include solid cherry trim, and the building is equipped with energy-efficient features such as floor heating and central air conditioning. A rooftop patio adds a unique amenity. This premium office space presents a rare opportunity to acquire a versatile and sophisticated property in a desirable location within Polk County. The building's design and features cater to a variety of business needs, making it an ideal investment for discerning buyers.

    Property profile
    Verified
    Property type Office buildings
    Use group PROFESSIONAL BUILDING
    Year built 1984
    Total area 3,552 SF
    Lot 0.18 ac (7,710 SF)
    APN 83.04379.00
    UPID US46-2032083
    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
    Current use
    Occupant on record · Public records
    • Neil Law Firm, PC Law Firm
    • Gerard D Neil PC Law Firm
    • Grainger Mark A Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    CYNAGER PROPERTIES LLC
    CYNAGER PROPERTIES LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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