415 2Nd StEast Grand Forks, MN 56721

Property Details for 415 2Nd St

Year built

1999

Lot size

0.43 AC

Property size (Sq ft)

20,403 SF

Property type

Retail space

APN

83.00816.00

APU

830081600

Description

This exceptional 19,423 square foot riverfront property, located at 415 2nd St NW in East Grand Forks, Minnesota, presents a unique investment opportunity in the hospitality and entertainment sector. Built in 1999, this two-story building boasts a prime location and expansive event spaces ideal for a variety of functions. The property features multiple areas perfect for hosting events, each equipped with its own full kitchen, bar, and restrooms, ensuring seamless operation and convenience for large gatherings. A highlight is the screened upper deck complete with a full bar, offering stunning views. Additionally, a spacious patio provides panoramic vistas, enhancing the overall experience. A substantial 3,252 square foot basement offers additional storage or potential for expansion. The asking price is $2,850,000, translating to a price per square foot of $146.73. This turnkey operation is situated in Polk County, Minnesota, zip code 56721, and offers significant potential for revenue generation within the thriving events industry. The property's riverfront location adds to its unique appeal and desirability. This is a rare opportunity to acquire a well-established and versatile event venue with significant upside potential.

Location Insight

City

East Grand Forks

County

Polk

State

Minnesota

Latitude

47.9285

Longitude

-97.0277

CBSA code

24220

CBSA name

GRAND FORKS, ND-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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