$365,000

1119 N 42nd St Grand Forks, ND 58203

Estimated payment $2,397/month

-- Bed
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Updated 2,400 sq ft stand-alone professional office building. Equipped with seven private offices, fresh interior/exterior paint, dimmable LED lighting, kitchenette, two restrooms, IT room, storage, and dual entrances. Pre-wired for CCTV with strong signage visibility and ample parking. Clean, modern, and ready for any professional use. Clean and updated 2,400 sq ft professional office building located just off Gateway Drive. Purchased in 2019 and improved throughout, including fresh exterior paint, interior repainting with wallpaper removal, full LED conversion with dimmable lighting, and added office build-outs. The layout features seven private offices, a kitchenette with fridge, two restrooms, a dedicated IT/server room, supply closet, and a versatile rear workspace ideal for storage or customization. Property includes central heating and cooling, dual entrances, ample off-street parking, and space for prominent exterior signage. Building is pre-wired for interior and exterior CCTV, and includes a network tower for immediate operational setup. Situated on a large 0.49-acre lot in a high-visibility commercial corridor, offering quick access to Gateway Dr, University Ave, and I-29. Conditional use permit has been granted to build additional structures if desired. A move-in ready option for any professional or service-based user.

Listing Agent

Derek Nolte

TruHome Realty License #9799 Listed on: 12/05/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,787

Year Built

  • Built in 1976

Additional Features

  • 2 Bathrooms
  • Property is zoned B-2 Shopping Center
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 44111500002002

Property Details

Property Type

Other

Est. Annual Taxes

$5,787

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: From Gateway Dr (US-2), go south on N 42nd St. Continue past University Ave. Property is on the east side at 1119 N 42nd St.
  • Lot Size: Irregular
  • Property Sub Type: Business
  • Prop. Type: Commercial Sale
  • Year Built: 1976
  • Business Type: Retail, Professional/Office, Mixed
  • Special Features: None

Garage/Parking

  • Parking Features: Paved, Parking Lot, On Site, Off Street, Lighted, Gravel, Concrete, Asphalt, Accessible Parking
  • Miscellaneous:Off Street Parking2: 30+

Utilities

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

Lot Info

  • Parcel #: 44111500002002
  • Zoning: B-2 Shopping Center

Tax Info

  • Tax Annual Amount: 5787.2

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 $5,498 $167,000 $0 $0
2023 $5,376 $152,500 $64,500 $88,000
2022 $4,849 $147,800 $59,100 $88,700
2021 $4,821 $148,250 $59,100 $89,150
2020 $4,707 $148,100 $59,100 $89,000
2018 $4,549 $116,950 $28,050 $88,900
2017 $4,142 $116,950 $28,050 $88,900
2016 $3,784 $0 $0 $0
2015 $3,354 $0 $0 $0
2014 $3,443 $116,950 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 For Sale $365,000 -- --
Source: Grand Forks Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 --
Quit Claim Deed -- None Available
Warranty Deed $257,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $186,400 Future Advance Clause Open End Mortgage
Source: Public Records

Source: Grand Forks Area Association of REALTORS®

MLS Number: 25-1777

Grand Forks Area Association of REALTORS®

APN: 44111500002002