Former Sears Building 2800 S Columbia Rd
106,267 SF Retail Building Grand Forks, ND 58201 $1,000,000 ($9.41/SF)
INVESTMENT HIGHLIGHTS
- Approximately 100,000 SF of big box retail space with multiple exterior entrances and interior corridors
- Approximately 8,000 SF includes a former auto service center with a separate exterior entrance
- Large building signage is available in multiple locations
- The property boasts three dock doors
- Seven drive in overhead doors
- Property has an agreement in place providing access and use to the Columbia Mall parking lot
EXECUTIVE SUMMARY
Big Box building attached to the Columbia Mall in Grand Forks, ND is now for sale! As the former home of Sears, this 108,267 SF building is attached to an enclosed mall anchored by Scheels and JC Penney.
The Columbia Mall is located along Grand Forks’s main retail corridor of 32nd Ave S, with national tenants such as Walmart, Target, Lowe’s, and Best Buy. The area is a popular shopping destination for consumers from North Dakota, Minnesota, and Canada.
The building includes approximately 100,000 SF of big box retail space with multiple exterior entrances and interior corridors, including direct entrance from Columbia Mall. It also boasts 3 dock doors. Approximately 8,000 SF includes a former auto service center with a separate exterior entrance and 7 drive-in overhead doors.
Large building signage is available in multiple locations. The property has an agreement in place providing access and use to the Columbia Mall parking lot. Potential uses for the building can be flexible. Call for more details on this fantastic opportunity!
The Columbia Mall is located along Grand Forks’s main retail corridor of 32nd Ave S, with national tenants such as Walmart, Target, Lowe’s, and Best Buy. The area is a popular shopping destination for consumers from North Dakota, Minnesota, and Canada.
The building includes approximately 100,000 SF of big box retail space with multiple exterior entrances and interior corridors, including direct entrance from Columbia Mall. It also boasts 3 dock doors. Approximately 8,000 SF includes a former auto service center with a separate exterior entrance and 7 drive-in overhead doors.
Large building signage is available in multiple locations. The property has an agreement in place providing access and use to the Columbia Mall parking lot. Potential uses for the building can be flexible. Call for more details on this fantastic opportunity!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
106,267 SF
Building Class
B
Year Built
2000
Price
$1,000,000
Price Per SF
$9.41
Tenancy
Single
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.81
Lot Size
2.99 AC
Zoning
PUD - Regional Shopping Center Uses
Parking
150 Spaces (1.41 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 44135200002000 | Improvements Assessment | $723,000 |
| Land Assessment | $530,500 | Total Assessment | $1,253,500 |
