311 4Th StGrand Forks, ND 58201

This exceptional Class B office building, known as River's Edge, presents a compelling investment opportunity in the heart of Grand Forks, North Dakota. Located at 311 S 4th St, 58201, this multi-tenant property boasts 38,834 square feet of rentable space situated on a generous 1.194-acre lot. Currently enjoying a 96% occupancy rate, the building houses approximately 28 diverse tenant suites, catering to a wide range of businesses including government agencies, legal firms, accounting practices, insurance companies, engineering firms, and non-profit organizations. The asking price is $2,995,000, translating to a price per square foot of $77.12. The property features a modified lease type and benefits from recent updates, including refreshed landscaping, modernized common bathrooms, and updated carpeting and paint throughout. This well-maintained building offers a stable income stream and significant potential for future growth, making it an attractive addition to any investment portfolio. The property's prime downtown location and diverse tenant mix contribute to its strong financial performance and long-term viability. This is a rare opportunity to acquire a high-performing, multi-tenant office building in a thriving North Dakota market.