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    315 S Main St Minot, ND 58701

    For Sale
    $1,999,000

    Business - Minot, ND

    Type:Business
    Property size:
    30,432 SF
    Lot size:
    0.64 Acres
    Days on Market:
    68
    Last Refresh:
    Dec 6 at 1:06 pm

    Property Features for 315 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    C3
    Size
    30,432 SF
    Lot size
    0.64 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Hot Water (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1927
    Number of units
    1
    Architectural style
    Other

    Alliance Real Estate - Minot, LLC (701) 852-1156 [email protected]

    Listing agent BLAKE KRABSETH (701) 852-1156

    Listing date Sep 30, 2025

    MLS# 240943 Listing URL

    Copyright © 2025 Minot Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Minot Investment Opportunity

    Located at 315 South Main Street in Minot's revitalized downtown district, the Main Medical Building is situated on the northeast corner of Burdick Expressway. The property is zoned C3/Downtown Business District and benefits from being in Minot's Renaissance Zone, which offers tax breaks for qualifying property improvements. The property includes 3 city lots, the building, and two additional lots for parking. Tenant leases range from 1 to 5 years and include taxes, building insurance, and common area maintenance (CAM), which covers Wi-Fi, electric, heat, common area cleaning, and snow removal. Additional amenities such as reserved parking and premiere signage are available for an additional cost. Existing restaurant equipment conveys with the building. The property size is 30432 square feet and the lot size is 0.64 acres. Financials from 2012-2022 are available for qualified buyers with a confidentiality agreement. A list of tenants and floor plans are available in associated documents. Visit https://mainmedicalbuilding.com for more information.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rhino Engineering Inc. Land Surveyor Dakota Hope Clinic Pregnancy Care Center minottherapy Medical Clinic Victory Martial Arts ... Martial Arts School Choice Hotels International Vacation Home Rental Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minot
    County
    Ward
    State
    North Dakota
    Longitude
    -101.2926066
    Latitude
    48.2328045

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    FAQs

    What type of property is this?
    Investment property - Revitalized downtown location with tax incentives and tenant leases.
    Where is this investment property located?
    The property is located at 315 S Main St Minot, ND.
    What is the asking price?
    The asking price for this property is $1,999,000.
    What are key features of this property?
    This property features: - Located in Minot's Renaissance Zone offering tax breaks for qualifying property improvements.; - Prime location on the corner of Burdick Expressway at the entrance to the revitalized downtown district.; - Includes 3 city lots: the building and two additional lots for parking.
    (701) 852-1156
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    315 S Main St Minot, ND 58701
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    Minot, ND 58701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    315 S Main St Minot, ND 58701
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