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Court Ordered Sale Capture the untapped potential of this expansive 24,000+ sq ft property, a prime investment opportunity that’s already cash flow positive. Anchored by a secure 4-year government lease for a portion of the property, this building ensures stable income while offering partially renovated areas ready for completion to boost future revenue. With a compelling 9.3% CAP rate*, this property is a rare find for investors seeking strong fundamentals and room for strategic growth. Don’t miss this chance to invest in a sizable asset with immediate returns and long-term value. (id:45055)
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Property Details
MLS® Number 10368890 Property Type Other Neigbourhood Grand Forks AmenitiesNearBy Park, Schools Features Level Lot, Wheelchair Access -
Building
ConstructedDate 1970 CoolingType Central Air Conditioning ExteriorFinish Stucco FireProtection Sprinkler System-fire, Security System HeatingType Forced Air, Radiant Heat RoofMaterial Other RoofStyle Unknown SizeInterior 24,209 Sqft Type Residential Commercial Mix UtilityWater Municipal Water -
Land
AccessType Easy Access Acreage Yes CurrentUse Mixed Use LandAmenities Park, Schools LandscapeFeatures Level Sewer Municipal Sewage System SizeIrregular 2 SizeTotal 2 Ac|1 - 5 Acres SizeTotalText 2 Ac|1 - 5 Acres -
Rooms
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Utilities
Cable Available Electricity Available Natural Gas Available Telephone Available Sewer Available Water Available
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 12 2025 07:19:47
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