Iconic Redevelopment Opportunity in
For Sale
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123 1st Street Southwest, Minot, ND 58701
Eight-story building in shell condition, primed for redevelopment.
Property Size86,064 SF
Days on Market150
Property Features for 123 1st Street Southwest
General Information
Standard status
Active
Size
86,064 SF
Property subtype
Multifamily
Listing Agency:
CBRE | Fargo
(701) 660-3500
Listed By:
Chance Lindsey
(701) 660-3500
Source:
Cbre
Added: Mar 25
Changed: Aug 14
Last Checked: Aug 20 at 6:50AM
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 CBRE | Fargo
Investment Insights
Based on property information with market context.
This eight-story building, formerly the Midwest Federal Savings Bank, represents a redevelopment opportunity. The property, stripped down to shell condition, is the highest point in the city's skyline. The building has an unfinished ceiling height of 10'. It falls under the Downtown Facade Improvement Plan. The property features a covered drive-in basement. Public parking structures are located to the north and south of the building. The property size is 86064 square feet.
Key Highlights
- Iconic eight‑story building, the highest point in the city's skyline.
- Redevelopment ready; primed for redevelopment.
- Demolished to shell condition.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,768
Businesses Nearby
Explore this area
Business Placement
Demographics for 58701, ND
32,517
Population
16,267
Households
2
Avg Household Size
37
Median Age
28%
College-Educated
95%
High-School Grad
235.6 sq mi
ZIP Area
138
Density / Sq Mi
$75,329
Median Household Income
$46,695
Median Earnings
$875
Median Rent
$270,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-story building in shell condition, primed for redevelopment.
Where is this apartment building located?
The property is located at 123 1st Street Southwest Minot, ND.
What are key features of this property?
This property features: Iconic eight‑story building, the highest point in the city's skyline.; Redevelopment ready; primed for redevelopment.; Demolished to shell condition.
