$985,000

1009 Central Ave NW East Grand Forks, MN 56721

Estimated payment $6,123/month

-- Bed
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

An exciting opportunity to own a fully equipped restaurant, bar, and event space in a highly visible East Grand Forks location. This 16,880± square foot property offers exceptional versatility, featuring multiple dining areas, a full-service bar, and an event layout capable of hosting private functions or large gatherings. Currently owner-occupied, the property provides a turnkey setup for an owner-operator, investor, or group looking to bring a new concept to the market. Restaurant and bar equipment, furnishings, and fixtures may be included, adding immediate value and ease of transition for the next owner. The building is positioned along a strong commercial corridor with consistent traffic and convenient shared parking. Whether reimagined as a destination restaurant, brewery, or multi-use entertainment venue, this property provides the space, infrastructure, and location to make it happen.

Listing Agent

Eric Muus

Oxford Realty License #10215 Listed on: 12/03/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,486

Year Built

  • Built in 1976

Additional Features

  • 4 Bathrooms
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 830371200

Property Details

Property Type

Other

Est. Annual Taxes

$11,486

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Lot Size: irr
  • Property Sub Type: Business
  • Prop. Type: Commercial Sale
  • Year Built: 1976
  • Business Type: Restaurant, Bar/Tavern/Lounge
  • Special Features: None

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Utilities: Electricity
  • Utilities Gas: Natural
  • Utilities Sewer: Public Sewer
  • Heating: Gas Forced Air
  • Heating Yn: Yes

Lot Info

  • Parcel #: 830371200

Tax Info

  • Tax Annual Amount: 11486.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,486 $717,900 $121,300 $596,600
2023 $12,612 $788,300 $121,300 $667,000
2022 $10,052 $628,200 $121,300 $506,900
2021 $10,074 $628,300 $121,300 $507,000
2020 $9,990 $629,600 $121,300 $508,300
2019 $10,646 $624,400 $121,300 $503,100
2018 $9,858 $665,400 $121,300 $544,100
2017 -- $616,100 $72,000 $544,100
2016 $7,294 $565,400 $72,000 $493,400
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $985,000 -- --
Source: Grand Forks Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $400,000 --
Source: Public Records

Source: Grand Forks Area Association of REALTORS®

MLS Number: 25-1769

Grand Forks Area Association of REALTORS®

APN: 83.03712.00