For Sale
$2,000,000

4101 32Nd AveMoorhead, MN 56560

Multi-unit flex space, owner-user ideal.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Moorhead, MN investment opportunity presents a 16,374 square foot multi-unit industrial property, ideally suited for an owner-user. The property comprises three buildings totaling 16,374 rentable square feet, situated on an expansive 80,645 square foot lot. Building features include eight loading docks and eight dock-high doors. The property includes a newly constructed 4,812 square foot shop/office space (Unit 1), a 8,330 square foot warehouse currently leased at $4,500 per month (Unit 2), and a 3,232 square foot cross-dock facility with eight doors, two offices, and a kitchenette (Unit 3). The property boasts a Class B rating, was built in 1982 and underwent renovations in 2024. The current occupancy rate is 50.87%, with full occupancy projected for September 1, 2024. The asking price is $2,000,000, translating to $122.14 per square foot. The land value alone is $24.80 per square foot. The property is zoned Commercial/Industrial and benefits from convenient access to I-94 and Highway 52. Rent bumps are included in the lease agreements. Partial seller financing may be available for qualified buyers. An adjacent 2.13-acre parcel (APN 58.417.0021), currently used for truck parking, is also available for $1,100,000.

Property Details for 4101 32Nd Ave

Property type
Office properties, Industrial properties
Square Feet
16,374 SF
Class
B
Year Built/Renovated
1982/2024
Buildings
3
Stories
2
Units
3

Location Insight

City
Moorhead
County
Clay
State
Minnesota
Latitude
46.841510627636
Longitude
-96.712935205948
4101 32Nd Ave, Moorhead, Minnesota

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4101 32Nd Ave
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