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Finished Office Shop Condo

2041 40th Avenue Southeast Unit B-112, Mandan, ND 58554

For Sale
$549,000

2,940 SF shop condo with finished office space.

Property Size2,940 SF
Price / SF$186.73
Days on Market252

Property Features for 2041 40th Avenue Southeast Unit B-112

General Information

Standard status Active
Size 2,940 SF
Property subtype Industrial

Building Details

Building Size 2,940 SF
Year Built 2016
Listing Agency: Rise Property Brokers, Inc.
Listed By: George Yineman · License ND #7535
Source: Risepropertybrokers
Added: Mar 6 Changed: Oct 28 Last Checked: Nov 12 at 4:45AM

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 Rise Property Brokers, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 2,940 SF building in Mandan, ND, features 1,170 SF of finished office space. The shop condo includes three private offices, a 12.5' x 15' conference room, a restroom, and a reception work-station with a granite countertop. A fireplace and a large showroom/workspace with a coffee bar are also featured. The property includes a 960 SF heated shop with a 256 SF mezzanine and a 12'W x 14'H insulated roll-up garage door with an opener. The 555 SF finished upper level includes a coffee bar, cabinets with a stainless steel sink, and a full-size refrigerator. Additional features include a heated vestibule entryway and high-end designer finishes, flooring, and fixtures. As an end cap unit, the property benefits from abundant natural light. The property is located in a Lakewood location with park and walk-in accessibility. The 2024 taxes are $7,624.52, with a specials balance of $1,820.21 and specials installments of $451.58.

Key Highlights

  • 1,170 SF Finished Office Space: Featuring 3 private offices, conference room, and reception area.
  • Heated 960 SF Shop with Mezzanine: Includes a 256 SF mezzanine and roll‑up garage door.
  • Finished Upper Level: Boasts an additional 555 SF of finished space with a coffee bar, cabinets, sink, and refrigerator.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Restaurant HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring 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

327
Businesses Nearby
Balanced
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Flex space in Mandan, ND

$186 Jul
$182 Aug
$177 Sep
$178 Oct

Properties on Market for Flex space in Mandan

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Flex space - 2,940 SF shop condo with finished office space.
Where is this flex space located?
The property is located at 2041 40th Avenue Southeast Unit B-112 Mandan, ND.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1,170 SF Finished Office Space: Featuring 3 private offices, conference room, and reception area.; Heated 960 SF Shop with Mezzanine: Includes a 256 SF mezzanine and roll‑up garage door.; Finished Upper Level: Boasts an additional 555 SF of finished space with a coffee bar, cabinets, sink, and refrigerator.
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