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Downtown Medical Office Building
For Sale
$235,000

104 Main Street, Mandan, ND 58554

Medical office building with open front lobby, multiple offices, and two upper-level apartments with alley access.

Property Size7,325 SF
Price / SF$32.08
Days on Market662

Property Features for 104 Main Street

General Information

Standard status Active
Size 7,325 SF
Property subtype Office

Units

Multifamily Units 2
Office Units 19

Taxes and HOA fees

Annual Taxes $4,023

Amenities

open front lobby area with reception desk
11 individual offices
multiple restrooms
break room
laundry area
8 individual offices
2 large work/conference areas
restroom with shower
unfinished storage area
alley access
street parking
public parking lot across the street
Central Air
3
Alley Entrance.
3,250 square feet, 0.08

Building Details

Year Built 1915
Stories 3
Listing Agency: Oaktree Realty
Listed By: DARREN SCHMIDT · License #7897
Source: Xome
Added: Oct 19, 2024 Changed: Aug 7 Last Checked: Aug 11 at 5:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Oaktree Realty

Investment Insights

Based on property information with market context.

This downtown commercial building was used as a medical practice and includes office space on the main and lower levels, plus two apartments on the upper level. The main level features an open front lobby with a reception desk, 11 individual offices (some with plumbing), multiple restrooms, and a break room and laundry area.

The lower level is accessed from both front and rear stairways and contains eight individual offices, two large work or conference areas, a restroom with a shower, and an unfinished storage area. The upper level includes a front apartment on a month-to-month lease and a rear apartment that is gutted and ready to be finished.

Alley access is available, along with plenty of street parking and a public parking lot across the street. Buyer is advised to verify all property information and any city-provided incentive programs for storefront improvements.

Key Highlights

  • Commercial building on Main St in downtown Mandan with medical practice space plus 2 upper‑level apartments
  • Main level features an open front lobby/reception area, 11 individual offices (some with plumbing), multiple restrooms, and break room plus laundry area
  • Lower level includes 8 individual offices, 2 large work/conference areas, a restroom with shower, and unfinished storage; access from front and rear stairways

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service HVAC Service Garden Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19
Office units
2
Residential units

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby
Under-served
Demand for This Use

Demographics for 58554, ND

28,642
Population
13,066
Households
2.2
Avg Household Size
37
Median Age
31%
College-Educated
95%
High-School Grad
572.6 sq mi
ZIP Area
50
Density / Sq Mi
$82,168
Median Household Income
$43,771
Median Earnings
$1,048
Median Rent
$266,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office building with open front lobby, multiple offices, and two upper-level apartments with alley access.
Where is this medical office space located?
The property is located at 104 Main Street Mandan, ND.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Commercial building on Main St in downtown Mandan with medical practice space plus 2 upper‑level apartments; Main level features an open front lobby/reception area, 11 individual offices (some with plumbing), multiple restrooms, and break room plus laundry area; Lower level includes 8 individual offices, 2 large work/conference areas, a restroom with shower, and unfinished storage; access from front and rear stairways
More about this property
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