1400 11 1/2 Ave, Minot, ND 58701
- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 1400 11 1/2 Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C2
- Interior features
- Handicap Access
- Exterior features
- Fence
- Fencing
- Fenced
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Pending
- Size
- 1,800 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 1460
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1999
- Number of units
- 1
Listing agent DALE LAWSON (701) 833-8489
Listing office NextHome Legendary Properties 400 4th ST SW, Minot, ND (701) 852-8151
Listing date Jun 26, 2026
Copyright © 2026 Minot Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 30' x 60' heated shop on a 70' x 149.8' paved lot
- Five overhead doors; tallest overhead door is 10' high for vehicles and equipment
- 12‑foot ceilings provide an open, functional workspace
- Updates include two power vents, newer electrical, and a newer forced‑air natural gas furnace
- No floor drain or water service on site, allowing flexibility to add features
- Accessible features include an accessible approach with ramp and handicap access; fenced lot
Overview
The shop has five overhead doors, including a tallest door at 10 feet high, offering practical access for a variety of vehicles and equipment. The building is configured for straightforward entry and loading without specialized interior drainage features, as it currently does not include a floor drain or water service.
Zoned C2, the property can support a range of commercial and light industrial style uses consistent with the zoning classification. For buyers looking for a self-contained heated facility with multiple overhead doors and a paved lot for day-to-day operations, this building offers a usable, update-supported layout and the flexibility to add utilities such as a floor drain or water service if desired.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.0k | $7.80 |
| − Vacancy | −$1.1k | −$0.61 |
| EGI | $12.9k | $7.19 |
| − OpEx | −$1.9k | −$1.08 |
| NOI | $11.0k | $6.11 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minot
- County
- Ward
- State
- North Dakota
- Longitude
- -101.3112246
- Latitude
- 48.2248023
