1205 43Rd StGrand Forks, ND 58203

  • Commercial real estate
  • 75,105 SF
For Lease
$6.40/SF/YR View listing

Property Details for 1205 43Rd St

Year built
1972
Lot size
5.40 AC
Property size (Sq ft)
75,105 SF
Property type
Commercial real estate
APN
44111500008002
APU
44111500008002

Description

This exceptional 15,000-square-foot turnkey commercial space is available for lease within the Ramada by Wyndham Grand Forks, a 100-room hotel and event center. Ideally situated at 1205 N 43rd St, Grand Forks, North Dakota, this property offers a unique blend of restaurant, lounge, gaming, and expansive event space capabilities. The space includes recently updated banquet halls, a fully equipped kitchen, and a dedicated lounge area, making it perfect for a variety of uses. The property's single-tenant occupancy ensures exclusive control and operational flexibility. Its prime location near the intersection of Highway 2 and I-29 provides excellent accessibility and visibility. The Ramada by Wyndham Grand Forks benefits from its proximity to Grand Forks International Airport (GFK), a mere five-mile drive, and is conveniently located just 15 miles from Grand Forks Air Force Base and Grand Sky aviation park. This strategic location also places the property within easy reach of several key attractions, including the Career Impact Academy, Ralph Engelstad Arena, Alerus Center, and the University of North Dakota, ensuring a robust potential customer base. This is a rare opportunity to acquire a well-established and versatile commercial space in a thriving location. The property's modern amenities and convenient location make it an ideal investment for a discerning entrepreneur seeking a high-impact commercial venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $15,805,357
    Hospitality
    $14,477,622
    Educational
    $12,045,211
    Medical
    $12,459,465
    Retail
    $18,736,996

Location Insight

City
Grand Forks
County
Grand Forks
State
North Dakota
Latitude
47.9308
Longitude
-97.0917
CBSA code
24220
CBSA name
GRAND FORKS, ND-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$43,170
$375,000
$846,000
$1,221,000
-
$750,000
$1,692,000
$2,442,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].