2103 DEMERS Avenue, Grand Forks, ND 58201 (MLS# 25-104)

2103 DEMERS Avenue, Grand Forks, ND 58201

$2,300,000

Property Type: Commercial Sale Status: Closed

Current Price: $2,300,000 List Date: 1/31/2025 Last Modified: 6/24/2025

Overview

Description

Fantastic investment property on highly visible Demers Ave. 5 buildings including current Dakota Boys & Girls Ranch rented retail store/warehouse, rented storage units, rented auto shop & 2 rented residential homes. Large, visible signage, frontage road access, warehouse w/ 5 OH doors. Approx. 8% proforma cap rate makes this a great property with potential for redevelopment in the future!

Listing Details MLS# 25-104

General Property Information

Legal: verify with agent
Property Subtype: Business
Realtor.COM Type: Commercial
Waterfront: No
Lot Size Dimensions: No

Location Tax and Legal Information

Area: N Grand Forks
House Number: 2103
Street Name: DEMERS
Street Suffix: Avenue
State/Province: ND
Country: USA
Postal Code: 58201
County: Grand Forks

Confidential Information

Begin Date: 2025-01-31
Under Contract Date: 2025-04-17
Sold Date: 2025-06-24

Miscellaneous

# Overhead Doors: 5

Location, Tax and Legal Information

Tax Year: 0
Pend+Proposed Spec: 0
Taxes: 0
Flood Plain: Contact Lender
Parcel Number: 44330700048001
Specials Amount: No
Total Tax & Specials: No
Specials Unpaid: No

Documents

Brochure ›

Listing Office: Goldmark Commercial Real Estate

Last Updated: June - 24 - 2025

Information deemed reliable but not guaranteed.