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Medical Office Building with Apartments
For Lease
$235,000 SF/Yr

104 Main Street W, Mandan, ND 58554

Medical office space with two upper-level apartments and street and alley access in downtown Mandan.

Days on Market33

Property Features for 104 Main Street W

General Information

Standard status Active
Property subtype Commercial

Units

Multifamily Units 2
Office Units 19

Amenities

lobby
reception desk
breakroom
laundry area
restroom with shower
storage area

Building Details

Stories 3
Tenancy Multi
Listing Agency: Oaktree Realty
Listed By: DARREN SCHMIDT · License #7897
Source: Trademarknd
Added: Jun 30 Changed: Jul 23 Last Checked: Aug 1 at 7:10AM

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 commercial building is currently used as a medical practice and includes office space on both the main and lower levels, plus two apartments on the upper level. The main level features an open front lobby area with a reception desk, 11 individual offices (some with plumbing), multiple restrooms, a breakroom, and a laundry area. The lower level has access from both front and rear stairways and includes eight individual offices, two large work or conference areas, a restroom with a shower, and an unfinished storage area. The rear apartment is gutted and ready to be finished, while the front apartment is month-to-month.

The property is located on Main St in downtown Mandan and offers alley access, plenty of street parking, and a public parking lot across the street. Buyer to verify property information and any city-provided storefront improvement incentive programs.

With office configurations supporting separate areas across multiple levels, the building offers flexible space for business operations alongside the existing residential units.

Key Highlights

  • Commercial building used as a medical practice on Main St in downtown Mandan
  • Main level includes open front lobby/reception, 11 individual offices (some with plumbing), restrooms, breakroom, and laundry area
  • Lower level features 8 individual offices, 2 large work/conference areas, a restroom with shower, and unfinished storage

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
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$35,250.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

234
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
Rey
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Frequently Asked Questions

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