4177 S. Columbia Road, Grand Forks, ND 58201

Ryan Bohn

PRO

ND 7070, MN 20479240

Square Foot Commercial - Crary Real Estate

David Smiley

Listed by Square Foot Commercial - Crary Real Estate

$16/SF/YR

6 days on market

Updated 6 days ago

IVY AT SOCO

Building Details

Property Type

Retail, Office (+1)

Sub Type

Traditional Office, Executive Office (+1)

Tenancy

Multiple

Lease Type

NNN

Class

Total Building SqFt

22,227

Vacant SqFt

18,161

Ceiling Height

14 FT

Year Built

2023

Spaces

Retail | 1 space available | 1,531 SqFt - 3,963 SqFt

Building description

Ivy at SOCO has 74 occupied apartments on its upper floors. Ground-floor tenants benefit from a captive residential population that passes their storefront every day. For service and appointment-based businesses, the math is simple: your first customers are already home.

Peabody Aesthetics and NurseVision have signed 7- and 9-year leases, anchoring the ground floor as a healthcare destination. Additional medical, dental, therapy, or fitness tenants reinforce that identity and benefit from cross-referral traffic. The B-3 zoning supports it all.

The corridor between 32nd Ave S and 47th Ave S has added thousands of residential units since 2018. This is some of the most densely surrounded Class A commercial space in Grand Forks. Grand Forks ranked #1 nationally for per-capita project development in 2025.

The FHWA has approved a new I-29 interchange at 47th Ave S, the first built in Grand Forks in over 50 years. Construction targets 2029. Studies project a 40% reduction in 32nd Ave traffic, redirecting commercial energy south. This area becomes a commercial corridor.

Building highlights

New Construction, Class A Mixed-Use, 74 Apartments Above, 74 occupied apartments on upper floors, Ground-floor tenants benefit from captive residential population, Peabody Aesthetics and NurseVision signed 7- and 9-year leases, Cold shell, ready for tenant buildout, 14 feet ceiling height, Electric (200+ amp), gas, public water/sewer, On-site concrete lot, lighted parking, Suites may be combined up to 10,312 SF, TI allowance starts at $30/SF with creative options for longer commitments, Landlord-financed buildout, amortized construction costs, and rent abatement during construction available