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    3 N Main St Hillsboro, ND 58045

    For Sale
    $350,000

    4680 SF office building with leaseback option in Hillsboro.

    Property size:
    4,680 SF
    Lot size:
    0.10 Acres

    Property Features for 3 N Main St

    General Information

    Size
    4,680 SF
    Lot size
    0.10 Acres

    Source: Horizon Real Estate Group Agent Jace Engelstad

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hillsboro Office Building For Sale

    This 4680 SF office building includes an additional 1500 SF of basement storage. The main floor features a large reception area, a private restroom, a kitchenette, and two offices. The second floor includes a large conference room with seating for 12, two large offices, an additional workspace, a full kitchen, and two restrooms. In total, the building offers 5 office spaces, 3 restrooms, 2 kitchens, 1 conference room, and 1 reception and waiting area. At the buyer's option, the seller will agree to leaseback the upper level at a rate of $2000 per month for a 24-month period.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Traill
    State
    North Dakota
    Longitude
    -97.061444
    Latitude
    47.403816

    FAQs

    What type of property is this?
    Office building - 4680 SF office building with leaseback option in Hillsboro.
    Where is this office building located?
    The property is located at 3 N Main St Hillsboro, ND.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Sale-leaseback option: Seller will leaseback the upper level at $2000/month for 24 months.; - Building size: 4680 SF + 1500 SF of basement storage.; - Two kitchens available.
    (701) 478-7600
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    3 N Main St Hillsboro, ND 58045
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    Hillsboro, ND 58045
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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
    3 N Main St Hillsboro, ND 58045
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