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Historic Apartment Conversion Opportunity
For Sale
Contact for pricing
Pending

120 N Central Ave, Kenmare, ND 58746

Former Old Opera House converted to apartments in Kenmare Renaissance Zone, with noted structural issues.

Property SizeContact for details
Days on Market142

Property Features for 120 N Central Ave

General Information

Standard status Pending
Property subtype Special Purpose
Zoning Kenmare Renaissance Zone
Listing Agency: Century 21 Action Realtors
Listed By: Linda Reynolds · License #ND
Source: Crexi
Added: Apr 11 Changed: Aug 25 Last Checked: Aug 29 at 2:14AM

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 Century 21 Action Realtors

Investment Insights

Based on property information with market context.

This building has a historic background as the former Old Opera House and was later converted into apartments. The structure is described as massive, and the property includes noted structural issues; prospective visitors are advised to enter at their own risk. The upside is tied directly to what can be achieved after repairs, whether that means returning it to apartment use through remodeling or adapting it for another business concept.

The property is located at 120 N Central Ave in Kenmare, ND 58746, and it is stated to be in the Kenmare Renaissance Zone, which may qualify it for certain benefits.

Given the condition-related disclosures, any due diligence should prioritize a review of the structural issues and the scope required to make the building safe and functional for the intended use.

Key Highlights

  • Former Old Opera House converted to apartments
  • Located in the Kenmare Renaissance Zone and may qualify for certain benefits
  • Noted structural issues; enter at your own risk

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Auto Parts Store Storage Facility Garden Center Big Box & Wholesale Store Bakery

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

164
Businesses Nearby

Demographics for 58746, ND

1,462
Population
880
Households
1.7
Avg Household Size
44
Median Age
19%
College-Educated
92%
High-School Grad
446.7 sq mi
ZIP Area
3
Density / Sq Mi
$71,563
Median Household Income
$53,906
Median Earnings
$815
Median Rent
$148,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Former Old Opera House converted to apartments in Kenmare Renaissance Zone, with noted structural issues.
Where is this apartment building located?
The property is located at 120 N Central Ave Kenmare, ND.
What are key features of this property?
This property features: Former Old Opera House converted to apartments; Located in the Kenmare Renaissance Zone and may qualify for certain benefits; Noted structural issues; enter at your own risk
More about this property
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