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Downtown Mixed-Use Commercial Building
For Lease
$385,000

421 1st Avenue S, Jamestown, ND 58401

Mixed-use property with main-level commercial space, an upstairs apartment, and an attached oversized garage for flexible operations.

Space SizeContact for details
Days on Market54

Property Features for 421 1st Avenue S

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Century
Listed By: Jessica Clemens · License #9696
Source: Trademarknd
Added: Jun 28 Changed: Aug 8 Last Checked: Aug 19 at 8:33AM

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 mixed-use commercial building offers a spacious main-level area suited for retail, office, or service use. Upstairs, there is a separate apartment space that can support rental income or owner occupancy. An attached oversized garage provides practical added storage and workspace flexibility, supporting trades, deliveries, or other operational needs. The property is being sold as-is, where-is, with renovations already started and ready for your finishing touches.

The building is located in downtown Jamestown on a high-visibility main thoroughfare, supporting storefront and street-facing business use. The combination of commercial and residential components allows for a single property setup with multiple functions under one roof.

For tenants, buyers, or owner-operators looking for a flexible downtown footprint, the layout supports running a business on the main level while using the upstairs apartment for supplemental occupancy. The attached oversized garage further complements a variety of service-oriented uses that benefit from on-site storage or a workspace. Renovations are underway, which can appeal to parties prepared to complete improvements and tailor the space to their needs.

Key Highlights

  • Mixed‑use building in downtown Jamestown with main‑level commercial space, an upstairs apartment, and an attached oversized garage
  • Main level includes a spacious commercial area suitable for retail, office, or service‑based businesses
  • Upstairs apartment provides separate living space for rental income, employee housing, or owner occupancy

Property Analytics

Current Use

Williams - Lisko Funeral ... Social Service Agency 701 Apparel Clothing Store

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery Barber 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

893
Businesses Nearby

Demographics for 58401, ND

17,847
Population
8,751
Households
2
Avg Household Size
42
Median Age
24%
College-Educated
93%
High-School Grad
428.7 sq mi
ZIP Area
42
Density / Sq Mi
$59,187
Median Household Income
$40,544
Median Earnings
$742
Median Rent
$208,400
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
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Frequently Asked Questions

What type of property is this?
Retail space - Mixed-use property with main-level commercial space, an upstairs apartment, and an attached oversized garage for flexible operations.
Where is this retail space located?
The property is located at 421 1st Avenue S Jamestown, ND.
What is the lease rate?
The lease rate is $385,000.
What are key features of this property?
This property features: Mixed‑use building in downtown Jamestown with main‑level commercial space, an upstairs apartment, and an attached oversized garage; Main level includes a spacious commercial area suitable for retail, office, or service‑based businesses; Upstairs apartment provides separate living space for rental income, employee housing, or owner occupancy
More about this property
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