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Two-Level Office Building
For Sale
$149,900

108 4th, New Salem, ND 58563

Dedicated on-site parking supports convenient access for clients and staff.

Property Size2,496 SF
Price / SF$60.06
Days on Market17

Property Features for 108 4th

General Information

Standard status Active
Size 2,496 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,241

Amenities

Style: Ranch
0.00
Ranch

Building Details

Year Built 1984
Buildings 1
Stories 2
Abandoned No
Listing Agency: Capital Real Estate Partners
Listed By: MITCHELL GRADE
Source: Clearwaterproperties
Added: Sep 10 Changed: Sep 24 Last Checked: Sep 24 at 9:44AM

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 Capital Real Estate Partners

Investment Insights

Based on property information with market context.

This two-level office building provides a flexible arrangement for professional occupancy. The upper level contains 1,320 square feet of office space with a professional layout, collaborative work areas, and two bathrooms. The lower level adds 1,176 square feet that can accommodate storage, records, conference rooms, or a separate workspace, along with the third bathroom. The building is described as well maintained and carefully cared for, supporting a straightforward transition for an owner or occupant.

Located at 108 4th Street N in New Salem, the property is positioned in the downtown area and includes dedicated on-site parking. The existing configuration is identified as suitable for professional services, medical office use, or boutique retail. Its two-level layout and additional lower-level area provide flexibility for offices, support functions, or an independent workspace arrangement.

Key Highlights

  • 1,320 SF upper‑level office area with collaborative workspaces
  • 1,176 SF lower level for storage, records, conference rooms, or workspace
  • Three bathrooms across the building

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Building Supply Electrical Service Plumbing Service Auto Parts Store Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby

Demographics for 58563, ND

2,010
Population
927
Households
2.2
Avg Household Size
44
Median Age
18%
College-Educated
96%
High-School Grad
566.9 sq mi
ZIP Area
4
Density / Sq Mi
$76,250
Median Household Income
$44,961
Median Earnings
$850
Median Rent
$193,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office building - Dedicated on-site parking supports convenient access for clients and staff.
Where is this office building located?
The property is located at 108 4th New Salem, ND.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 1,320 SF upper‑level office area with collaborative workspaces; 1,176 SF lower level for storage, records, conference rooms, or workspace; Three bathrooms across the building
More about this property
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