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Mixed-Use Property with Apartments
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205 Towner Ave, Larimore, ND 58251

Three updated apartments complement ground-floor commercial space, a guest inn, greenhouse, and shared coin laundry.

Property SizeContact for details
Days on Market140

Property Features for 205 Towner Ave

General Information

Standard status Active
Property subtype Land, Multifamily, Office, Retail
Listing Agency: Dakota Commercial
Listed By: Liza McLean · License #ND 11432
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:24PM

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 Dakota Commercial

Investment Insights

Based on property information with market context.

Located at 205 Towner Ave in downtown Larimore, this mixed-use property combines residential, commercial, hospitality, and storage components. The upper-level residential portion includes three updated 2bd/1ba apartment units, along with a new shared coin-operated laundry area. The main floor houses Larimore Floral & Gift, and the sale includes the associated greenhouse and furniture, fixtures, and equipment.

Prairie Rose Inn adds a 2bd/1ba guest accommodation with a kitchenette. Basement space provides room for storage and seasonal inventory. The property sits next to Larimore Drug and across the street from Larimore Insurance, with stated drive times of 14 mins to Grand Sky and 22 mins to GF AFB.

Key Highlights

  • 3 2bd/1ba updated apartment units
  • New shared coin‑operated laundry
  • Main‑floor Larimore Floral & Gift commercial operation

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

116
Businesses Nearby

Demographics for 58251, ND

1,894
Population
983
Households
1.9
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
183.6 sq mi
ZIP Area
10
Density / Sq Mi
$93,155
Median Household Income
$47,750
Median Earnings
$680
Median Rent
$213,600
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?
Mixed-use property - Three updated apartments complement ground-floor commercial space, a guest inn, greenhouse, and shared coin laundry.
Where is this mixed-use property located?
The property is located at 205 Towner Ave Larimore, ND.
What are key features of this property?
This property features: 3 2bd/1ba updated apartment units; New shared coin‑operated laundry; Main‑floor Larimore Floral & Gift commercial operation
More about this property
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