1815 Central Avenue, Grand Forks
Priced below professional appraisal! Prime commercial investment in the heart of Grand Forks! This two-storey, 10,700+ sq.ft. building with full basement sits on a high-visibility corner lot along Central Avenue. Features seven leasable units, elevator access, and extensive modern renovations. Current tenants provide a strong and diversified income stream. Zoned NC (Neighbourhood Commercial) with flexible permitted uses. CAP rate 5.5%* and excellent potential for both investors and owner-operators. Well-maintained and ideally located along the highway! (id:1945)
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Property details for 1815 Central Avenue, Grand Forks
- Type
- Commercial
- Living Area
- 16,030 square feet
- Lot Size
- 0.39
- Heating
- Baseboard heaters, Other
- Cooling
- Central air conditioning
- Exterior
- Stucco
- Ownership
- Freehold
- Annual Taxes
- $17,892
Nearby Listings Stat
Estimated price and comparable properties near 1815 Central Avenue
Active Listings
103
Min Price
$29,000
Max Price
$2,550,000
Avg Price
$542,679
Days on Market
141
days
Sold Listings
12
Min Sold Price
$60,000
Max Sold Price
$739,000
Avg Sold Price
$410,067
Days until Sold
156
days
Price History
Listed
October 28, 2025
by Royal LePage Little Oak Realty
Current Price
$1,349,000
Type
Commercial
For Sale
