Listing Agency: Proven Realty LLC e***@provenrealtynd.com Show Phone

Listed By: Erik Peterson · License #ND 9328

Source: Crexi

Added: Apr 20, 2021 Changed: Jul 6 Last Checked: Aug 1 at 12:16PM

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Investment Insights

Based on property information with market context.

Stanley Square is a multi-use commercial and residential building designed to meet the need for high quality, high visibility retail and office space in Stanley, ND. Constructed as a Class A, three-story building, it features commercial space on the ground floor and residential apartments on the second and third floors. The property's combination of high visibility and convenient location makes it suitable for business operations.

Key Highlights

• High‑quality, Class A building.
• Multi‑use: Commercial and residential.
• High visibility location.

Property Analytics

Property Profile

Current Use

Mixed-use properties

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Parking Lot & Garage

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

$3.10 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

167

Businesses Nearby

Explore this area Business Placement

Demographics for 58784, ND

3,013

Population

1,339

Households

2.3

Avg Household Size

36

Median Age

23%

College-Educated

90%

High-School Grad

351.3 sq mi

ZIP Area

9

Density / Sq Mi

$107,321

Median Household Income

$53,136

Median Earnings

$1,125

Median Rent

$253,200

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

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - High-quality retail and office space in Stanley, North Dakota.

Where is this mixed-use property located?

The property is located at 501 12th Ave SE Stanley, ND.

What is the lease rate?

The lease rate is $20.64 SF/Yr.

What are key features of this property?

This property features: High‑quality, Class A building.; Multi‑use: Commercial and residential.; High visibility location.