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Four-Unit Property with Commercial Space
For Sale
$49,900

126 Main St, Lakota, ND 58344

1950 building offers four nearly rent-ready units and main-level commercial space.

Property Size12,000 SF
Price / SF$4.16
Days on Market22

Property Features for 126 Main St

General Information

Standard status Active
Size 12,000 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1950
Listing Agency: National Realty Guild
Listed By: Ryan R. Moe
Source: Vibemn
Added: Aug 9 Changed: Aug 29 Last Checked: Aug 25 at 5:48AM

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 National Realty Guild

Investment Insights

Based on property information with market context.

This 1950 property includes four residential units that are described as nearly ready for occupancy, along with commercial space on the main level. The layout also offers the possibility of adding three additional units, subject to verification and any required approvals.

The property is located at 126 Main St in Lakota, North Dakota. It is being offered in AS IS condition. Utilities are currently off and have not been tested or inspected, so further evaluation will be needed before occupancy or redevelopment decisions are made.

Key Highlights

  • Four residential units are nearly ready for rent
  • Main‑level commercial space included
  • Potential for three additional units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Plumbing Service Auto Parts Store Big Box & Wholesale Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

Demographics for 58344, ND

895
Population
490
Households
1.8
Avg Household Size
51
Median Age
20%
College-Educated
93%
High-School Grad
207.7 sq mi
ZIP Area
4
Density / Sq Mi
$64,141
Median Household Income
$47,031
Median Earnings
$616
Median Rent
$126,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - 1950 building offers four nearly rent-ready units and main-level commercial space.
Where is this quadplex located?
The property is located at 126 Main St Lakota, ND.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Four residential units are nearly ready for rent; Main‑level commercial space included; Potential for three additional units
More about this property
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