For Sale
$4,400,000

2675 32Nd Ave Grand Forks, ND 58201

1.8-acre retail investment opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 1.8-acre retail property in Grand Forks, North Dakota, presents a unique investment opportunity. Located at 2675 32nd Ave S, this highly visible corner lot boasts a 6,171 square foot building constructed in 1992, currently configured for pharmacy/drug, quick-service restaurant, or restaurant uses. The property benefits from a prime location, less than one mile from I-29, experiencing high daily traffic counts exceeding 33,550 vehicles. The single-story building is in excellent condition and includes all furniture, fixtures, and equipment. The property is offered at $4,400,000 with a NNN lease type. This is a rare chance to acquire a Walmart outparcel in a thriving retail center, offering significant potential for future development or continued operation. The ample parking and high visibility make this an attractive investment for a variety of retail concepts. The lot size provides significant flexibility for expansion or redevelopment. This property is zoned for pharmacy/drug, quick-service restaurant, and restaurant uses. Don't miss this chance to own a piece of Grand Forks' retail landscape.

Highlights

  • 1.8-acre Walmart outparcel in Grand Forks, ND, offering significant redevelopment potential.
  • High-traffic corner lot (32nd Ave S & S Columbia Rd) with over 33,550 vehicles daily.
  • 6,171 SF building (built 1992), currently configured for pharmacy/drug, quick-service restaurant, or restaurant uses; includes FF&E.
  • Located less than one mile from I-29.
  • Priced at $4,400,000 with a NNN lease.

Property Details for 2675 32Nd Ave

Property type
Retail properties, Restaurants
Square Feet
6,171 SF
Year Built
1992
Buildings
1
Stories
1
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Grand Forks
County
Grand Forks
State
North Dakota
Latitude
47.888775948828
Longitude
-97.065910830456

FAQs

What type of property is this?
Retail property - 1.8-acre retail investment opportunity
Where is the retail property located?
The property is located at 2675 32Nd Ave Grand Forks, ND.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 1.8-acre Walmart outparcel in Grand Forks, ND, offering significant redevelopment potential.; High-traffic corner lot (32nd Ave S & S Columbia Rd) with over 33,550 vehicles daily.; 6,171 SF building (built 1992), currently configured for pharmacy/drug, quick-service restaurant, or restaurant uses; includes FF&E.
How can I contact the broker?
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2675 32Nd Ave
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