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Office Building with Operating Gym
For Sale
$139,900

302 Main Street, Elgin, ND 58533

Front office suite features reception, eight private offices, and multiple restrooms, while the rear operates as a gym.

Property Size5,000 SF
Price / SF$27.98
Days on Market258

Property Features for 302 Main Street

General Information

Standard status Active
Size 5,000 SF
Property subtype Office

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $791

Amenities

Central Air
3
Corner Lot.
0, 0.14
Corner, City Road, Paved Road.

Building Details

Year Built 1977
Stories 1
Listing Agency: NORTHWEST REALTY GROUP
Listed By: Brianne Miller
Source: Xome
Added: Dec 23, 2025 Changed: Sep 1 Last Checked: Sep 6 at 4:24AM

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 NORTHWEST REALTY GROUP

Investment Insights

Based on property information with market context.

This commercial office building offers two distinct operating areas with separate comfort systems. The front portion includes a large reception area followed by eight private offices, five of which include sinks. It also provides a dedicated break room or office space with room for a refrigerator, along with multiple restrooms.

The rear portion is currently operating as a gym, with a spacious main gym area, a large open multipurpose room, a smaller side room, and an additional bathroom. The existing gym tenant may remain and pay rent if a buyer prefers, or the rear space can be repurposed for other commercial uses.

The building is served by two separate furnaces, one for the front and one for the rear. Additionally, the property benefits from annual dividend payments from the internet provider.

Key Highlights

  • Corner lot commercial building on Main Street with a front office area and a rear gym currently operating
  • Front portion includes a reception area plus eight private offices (five with sinks) and multiple restrooms
  • Front layout also includes a dedicated break room or office space for a refrigerator, supporting daily operations

Property Analytics

Current Use

Fitness centers & gyms

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Electrical Service Grocery & Convenience Store Pharmacy Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

132
Businesses Nearby
Well-served
Demand for This Use

Demographics for 58533, ND

854
Population
620
Households
1.4
Avg Household Size
56
Median Age
25%
College-Educated
84%
High-School Grad
341.2 sq mi
ZIP Area
3
Density / Sq Mi
$38,500
Median Household Income
$33,500
Median Earnings
$649
Median Rent
$110,300
Median Home Value

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Elgin Golf Course 509 Golf Club Rd, Elgin, ND 58533

Frequently Asked Questions

What type of property is this?
Fitness center & gym - Front office suite features reception, eight private offices, and multiple restrooms, while the rear operates as a gym.
Where is this fitness center & gym located?
The property is located at 302 Main Street Elgin, ND.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Corner lot commercial building on Main Street with a front office area and a rear gym currently operating; Front portion includes a reception area plus eight private offices (five with sinks) and multiple restrooms; Front layout also includes a dedicated break room or office space for a refrigerator, supporting daily operations
More about this property
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