Shop Condos and Land 3 Properties Offered at $2,950,000 in Moorhead, MN

EXECUTIVE SUMMARY

Two 9,750 SF shop condos constructed by Morton Buildings for sale in Moorhead, MN. The property is valued at a proforma 7% CAP rate in the sales price.
Available land on the south side offers space for two additional 9,750 SF building sites with utility infrastructure, storm water retention already in place. Valued at $350,000.00.

*Potential city incentives available for construction of additional buildings.

PROPERTY FACTS

Price $2,950,000
Price / SF $756.41 / SF
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 3,900 SF
Total Land Area 1.22 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2721 S 20th Ave, 1st Floor - Unit 2721 F, Moorhead, MN 56560 Industrial Condo 1,950 SF 2019 -
2741 20th Ave S, 1st Floor - Unit A, Moorhead, MN 56560 Industrial Condo 1,950 SF 2019 -
2731 20th Ave S, Moorhead, MN 56560 Land 1.22 AC - -
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  • Listing ID: 31115237

  • Date on Market: 3/4/2024

  • Last Updated:

  • Address: Shop Condos and Land, Moorhead, MN