For Sale
$2,500,000

730 Center Ave Moorhead, MN 56560

Prime Mixed-Use Building, Vacant, 43,872 SF

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • Exceptional mixed-use investment opportunity in downtown Moorhead, MN.
  • 43,872 SF building on a 1.91-acre lot at a signalized intersection.
  • Features a robust steel frame, two-story lobby, multiple elevators, three vaults, and a six-lane drive-thru.
  • $2,500,000 asking price ($56.98/SF); currently vacant.
  • Downtown Mixed Use zoning (APN: 58.575.0880); two-year restriction on financial institution use.

Property Details for 730 Center Ave

Property type
Retail properties, Office properties
Square Feet
43,872 SF
Year Built
1974

Location Insight

City
Moorhead
County
Clay
State
Minnesota
Latitude
46.875053377427
Longitude
-96.76780929088

FAQs

What type of property is this?
Retail property - Prime Mixed-Use Building, Vacant, 43,872 SF
Where is the retail property located?
The property is located at 730 Center Ave Moorhead, MN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in downtown Moorhead, MN.; 43,872 SF building on a 1.91-acre lot at a signalized intersection.; Features a robust steel frame, two-story lobby, multiple elevators, three vaults, and a six-lane drive-thru.
How can I contact the broker?
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730 Center Ave
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