Sioux Falls Commercial Real Estate

Income

New Listing

Downtown Moorhead Commercial Building

Click for larger image
725 Center Ave
Moorhead, MN

Space Available: 26,540 SF

For Sale: $1,600,000

Property Description

  • Downtown Moorhead commercial mixed use building for sale 
  • Marquee hard corner location; SW quadrant of Center Ave & 8th Street
  • Exceptionally strong cash-flow - 8.9% cap rate
  • Major upgrades include furnace replacement(s); main floor office remodeling; basement lighting, flooring, & fit-up
  • Wood & Brick exterior
  • On Site parking
  • FFE to be negotiated
  • Property type - General Office & Retail
  • TTs include Prairie Vision Center, Olson Insurance, Becky‚Äôs Sewing Center, Hairway To Heaven Hair Salon, Messiah Dance Theatre, & Tomorrow, LLC
  • Financials & lease copies available with signed CA

Brokers

Randy Cramer

Broker/Owner

Randy is a 1987 graduate of Concordia College in Moorhead, MN with a B.A. in Business Administration. He has over 30 years of sales experience in a variety of roles.

Paul S. Balega

Broker Associate

Paul has 11 years of commercial brokerage experience with NAI North Central specializing in industrial and income producing properties. Paul started in real estate in 1993 and since then  has seen many changes within the real estate industry.