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Heated Shop with Rental Apartments
For Sale
$1,200,000

1595 40th Avenue NW, Garrison, ND 58540

Heated 100' x 80' shop with multiple overhead doors, plus two upstairs rental apartments above leased office space.

Property SizeContact for details
Days on Market72

Property Features for 1595 40th Avenue NW

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Century
Listed By: Shanel M Effertz
Source: Trademarknd
Added: Jun 16 Changed: Aug 23 Last Checked: Aug 25 at 7:35AM

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

Investment Insights

Based on property information with market context.

This property combines a front office component, two residential rental apartments, and a large heated industrial shop, supported by an income-producing fenced and gated storage area behind the building. The front office space is leased and includes a reception area, conference room, five private offices, kitchenette with sink, refrigerator and microwave, and a half bathroom. Two rental units are located above the office space and each includes two bedrooms, one full bathroom, open-concept living area, kitchen island, and in-unit laundry. The heated shop is approximately 100' x 80' with 20-foot sidewalls, three-phase electrical service, five overhead doors (including one 18-foot door and four 16-foot doors), floor drains with oil separator, ventilation, a half bathroom, dedicated office space, and secure coded-lock entry doors with interior and exterior security coverage.

The storage area behind the building is fenced and gated and is currently leased for boat and RV storage. The property is located on the south side of the road as you come into Garrison from Hwy 83, on a 3.780-acre site.

Key Highlights

  • 3.780‑acre Garrison commercial property built in 2013 with multiple income streams: leased front office, upstairs rentals, shop, and storage income.
  • Front office space totals 2,240 SF and is currently leased, with reception, conference room, five private offices, kitchenette, and half bath.
  • Two upstairs rental apartments above the office, each about 1,100 SF, with 2 bedrooms and 1 full bath plus in‑unit stackable washer/dryer.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Catering Service Building Supply Food Market

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

10
Businesses Nearby
Well-served
Demand for This Use

Demographics for 58540, ND

2,880
Population
1,515
Households
1.9
Avg Household Size
48
Median Age
21%
College-Educated
92%
High-School Grad
361.4 sq mi
ZIP Area
8
Density / Sq Mi
$75,625
Median Household Income
$51,378
Median Earnings
$669
Median Rent
$257,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Heated 100' x 80' shop with multiple overhead doors, plus two upstairs rental apartments above leased office space.
Where is this flex space located?
The property is located at 1595 40th Avenue NW Garrison, ND.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3.780‑acre Garrison commercial property built in 2013 with multiple income streams: leased front office, upstairs rentals, shop, and storage income.; Front office space totals 2,240 SF and is currently leased, with reception, conference room, five private offices, kitchenette, and half bath.; Two upstairs rental apartments above the office, each about 1,100 SF, with 2 bedrooms and 1 full bath plus in‑unit stackable washer/dryer.
More about this property
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