6000 S. Washington St., Grand Forks, ND 58201

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6000 S. Washington St., Grand Forks, ND 58201

Grand Forks, ND 58201
Asking Price
$7.36M
Asset Type
Land
Class
Class B

What's Special

6000 S. Washington St. is situated in the growing southern district of Grand Forks, North Dakota. The property occupies a prominent position along South Washington Street, a primary north-south arterial corridor that connects the site to the city’s central business district and the University of North Dakota. The surrounding neighborhood features a mix of established residential subdivisions, modern medical facilities, and retail centers. Accessibility is supported by proximity to Interstate 29 and the 32nd Avenue South commercial hub, providing efficient transportation links for regional transit. The site’s strategic location and high visibility make it suitable for various commercial developments. Ideal use cases include professional office complexes, medical clinics, or retail service centers designed to serve the expanding local population. Potential tenants or owners typically include regional healthcare providers, service-oriented retailers, or corporate entities seeking a presence in a high-traffic growth corridor. The expansive lot size offers flexibility for customized site planning, including ample surface parking and integrated landscaping to align with municipal zoning requirements and neighboring property standards.

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NOI
$80,000
Cap Rate
1.09%
DSCR
0.18
Underwater
Cash-on-Cash
-16.17%
Monthly Payment
$36,421.378
Annual Cash Flow
$-357,056.537

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