730 Center AveMoorhead, MN 56560

Property Details for 730 Center Ave

Property type

Commercial real estate

APN

58.575.0880

APU

585750880

Description

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.

Location Insight

City

Moorhead

County

Clay

State

Minnesota

Latitude

46.8755

Longitude

-96.7687

CBSA code

22020

CBSA name

FARGO, ND-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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