Listing Agency: Horizon Real Estate Group d***@horizonfargo.com Show Phone

Listed By: Shane Cullen Show Phone

Source: Exprealty

Added: Jun 11 Changed: Sep 6 Last Checked: Sep 7 at 11:13AM

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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 Horizon Real Estate Group

Investment Insights

Based on property information with market context.

These fully finished shop condo units combine office space with a dedicated shop area. Each unit is built out with an office, bathroom, and storage room, along with large windows for natural light.

The shop portion features 12' x 14' overhead (O.H.) doors sized for large equipment and includes 16' ceilings. Construction is described as quality with fully sheet rocked interiors, poured footing walls, and 2x8 construction.

Unit dimensions are listed as 28' x 60'(A), making them well-suited for businesses or uses that need both workspace and a functional exterior loading/garage-style entry point.

Key Highlights

• Fully finished 28' x 60' shop condo units with office space and shop area
• Includes office, bathroom, and storage room inside each unit
• 12' x 14' O.H. doors sized for larger vehicles like a camper

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store Hair Salon (Bike/Boat/Book/etc) Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

97

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 58047, ND

4,216

Population

1,815

Households

2.3

Avg Household Size

38

Median Age

43%

College-Educated

97%

High-School Grad

70.2 sq mi

ZIP Area

60

Density / Sq Mi

$142,216

Median Household Income

$68,783

Median Earnings

$963

Median Rent

$417,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Fully finished shop condo units include office, bathroom, storage room, large windows, 12' x 14' O.H. doors, and 16' ceilings.

Where is this flex space located?

The property is located at 107-1004 5th St E Horace, ND.

What is the asking price?

The asking price for this property is $240,000.

What are key features of this property?

This property features: Fully finished 28' x 60' shop condo units with office space and shop area; Includes office, bathroom, and storage room inside each unit; 12' x 14' O.H. doors sized for larger vehicles like a camper