930 3rd St Grand Forks, ND 58203-2408
This exceptional mixed-use commercial building, located at 930 N 3rd St in Grand Forks, North Dakota, presents a unique investment opportunity. Boasting 27,000 square feet on a 0.62-acre lot, this single-story building, constructed in 1930 and renovated in 1998, offers substantial space for a variety of business ventures. The property features over fifteen offices, a well-equipped kitchen, and ample meeting room space, making it ideal for a large office or a multi-tenant setup. Convenient access to Washington St and Gateway Dr ensures excellent visibility and accessibility. The building's versatility is further enhanced by a finished basement and elevator access, allowing for flexible configurations to suit diverse needs. Multiple storage options are available, including a secure garage area accessible via overhead doors. Ample parking is provided both in the front and rear of the building. The asking price is $675,000, representing a compelling opportunity for owner-users seeking a substantial and adaptable workspace in a prime Grand Forks location. This property offers a blend of historical charm and modern functionality, making it an attractive investment for discerning buyers. The building's layout and features allow for subdivision, catering to multiple tenants or a single large operation. The secure garage and ample parking add to the overall appeal and practicality of this exceptional commercial property.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.