2397 Demers AveGrand Forks, ND 58201
Grand Forks Retail Center - 7.2% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 96
Highlights
- 8,000 SF shopping center in Grand Forks, ND.
- Multi-tenant property with four established businesses.
- Located on a 0.84-acre lot (APN 44330700007001) in a high-traffic area.
- Asking price: $899,000 ($112.38/SF, 7.20% cap rate, $64,717 NOI).
- Recent capital improvements.
Property Details for 2397 Demers Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 8,000 SF
- Year Built
- 1991
- Lot Size (sq. ft)
- 36,590 SF
Location Insight
- City
- Grand Forks
- County
- Grand Forks
- State
- North Dakota
- Latitude
- 47.9156594
- Longitude
- -97.0605579
Nearby Similar for Sale
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