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    Property profile & analytics
    OFF-MARKET Estimated value $1,900,000
    Commercial real estate

    730 Ctr Ave, Moorhead, MN 56560-1949

    Entity Owned Free & Clear
    Property ID
    US46-0767189
    Property summary
    AI-generated overview

    This exceptional mixed-use property, a former bank building, presents a unique investment opportunity in the heart of downtown Moorhead, Minnesota. Located at the highly visible, signalized intersection of 8th Street and Center Avenue, the 43,872 square foot building sits on a substantial 1.91-acre lot (83,319 sq ft), offering significant redevelopment potential. Built in 1974, the structure boasts a robust structural steel frame, a striking two-story lobby with a clerestory, multiple elevators, and three secure vaults. The property also includes a six-lane drive-thru, a valuable asset for a variety of potential uses. The asking price is $2,500,000, translating to $56.98 per square foot. The property is currently vacant and zoned for Downtown Mixed Use (APN: 58.575.0880). Please note that the sale is contingent upon a two-year use restriction prohibiting operation as a financial institution. This prime location and versatile building offer a compelling opportunity for adaptive reuse and significant return on investment. The property's size and prominent location make it ideal for a variety of commercial ventures.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 58.575.0880
    UPID US46-0767189
    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
    • Skatvold Paul O Law Firm
    • Johnson Joel D Law Firm
    • DeKrey Hock Law Firm
    • Wells Fargo Bank Bank Loan Service
    • CPA Accountant Tax Group Accounting Firm Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.90M
    Owner & transaction history
    Innovis Health LLC
    Innovis Health LLC
    since 2026
    Last sale
    $1.9M
    1 recorded transaction
    2026
    $1.9M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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