3765 Gateway DrGrand Forks, ND 58203

Property Details for 3765 Gateway Dr

Year built

1984

Lot size

1.23 AC

Property size (Sq ft)

3,861 SF

Property type

Commercial real estate

APN

44250500001001

APU

44250500001001

Description

This 4,000 square foot former Burger King restaurant presents a unique redevelopment opportunity in Grand Forks, North Dakota. Situated on a 1.23-acre lot at 3765 Gateway Dr, 58203, this single-tenant property boasts a prime location with exceptional visibility and high traffic counts. Built in 1984 and renovated in 2000, the building offers significant potential for various retail uses. The property benefits from its proximity to key demographics and attractions, including the University of North Dakota (one mile away, with over 14,000 students), experiencing high daily traffic counts of 22,250 vehicles. Its location within a highly-rated school district, near River City Speedway, and only five miles from Grand Forks Airport further enhances its appeal. Additional advantages include its proximity to the Greater Grand Forks Fair and the Grand Forks Air Force Base, home to over 3,000 active-duty military and civilian personnel. This presents a compelling investment opportunity in a thriving community with a strong local economy and diverse population. The property's size and location make it ideal for a variety of retail concepts, offering significant potential for return on investment. Consider the possibilities this exceptional location offers for your next venture.

• Alternative Use

  Use

  Valuation

  Residential

  $812,522

  Hospitality

  $744,266

  Educational

  $619,221

  Medical

  $640,516

  Retail

  $963,232

Location Insight

City

Grand Forks

County

Grand Forks

State

North Dakota

Latitude

47.9324

Longitude

-97.0842

CBSA code

24220

CBSA name

GRAND FORKS, ND-MN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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