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2022 Industrial Flex Shop 4252 16th Ave N 11,150 SF Industrial Building Grand Forks, ND 58203 $2,900,000 ($260.09/SF)

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INVESTMENT HIGHLIGHTS

  • Modern Flex Space Built in 2022
  • 1 Loading Dock and 3 Drive In Bays
  • Exceptional Accessibility and Visibility

EXECUTIVE SUMMARY

Prime location on the north end in Grand Forks, North Dakota. Built in 2022, this commercial building is ideally situated just off Gateway Drive (Highway 2) and Interstate 29 in Grand Forks. The facility features 3- 14' x 14' overhead doors, a loading bay, concrete pad, and asphalt parking. Inside, you'll find a mezzanine level, office spaces, 3/4 bath, laundry hook ups, breakroom, and 2 toilet rooms.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,900,000
Price Per SF $260.09
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Service
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class B
Lot Size 1.43 AC
Rentable Building Area 11,150 SF
No. Stories 2
Year Built 2022
Tenancy Single
Parking Ratio 1.79/1,000 SF
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 3

AMENITIES

  • Mezzanine

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
44171900003000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$435,500
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2025
  • Listing ID: 35936812

  • Date on Market: 5/21/2025

  • Last Updated:

  • Address: 4252 16th Ave N, Grand Forks, ND 58203

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