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Postal Service-Leased Storefront
New
For Sale
$69,900

82 Main, Fessenden, ND 58438

A renewable lease to the U.S. Postal Service provides established occupancy in downtown Fessenden.

Property Size1,608 SF
Price / SF$43.47
Days on Market2

Property Features for 82 Main

General Information

Standard status Active
Size 1,608 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $955

Amenities

0.00

Building Details

Year Built 1920
Listing Agency: Century 21 Morrison Realty
Listed By: Alison Schumann · License #557
Source: Clearwaterproperties
Added: Oct 4 Last Checked: Oct 4 at 2:02PM

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 21 Morrison Realty

Investment Insights

Based on property information with market context.

This 1,608-square-foot storefront in Fessenden is occupied by the U.S. Postal Service under a long-standing lease with renewal provisions. Built in 1920, the property is located at 82 Main in the downtown area.

Key Highlights

  • 1,608‑square‑foot storefront
  • U.S. Postal Service tenant under a long‑standing lease with renewal provisions
  • Built in 1920

Property Analytics

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Current Use

United States Postal ... Post Office

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Garden Center (Bike/Boat/Book/etc) Store 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.

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Cenex Shops & Services
3,804 visits/mo 0.4 miles

Demographics for 58438, ND

674
Population
450
Households
1.5
Avg Household Size
51
Median Age
16%
College-Educated
95%
High-School Grad
158.6 sq mi
ZIP Area
4
Density / Sq Mi
$66,172
Median Household Income
$34,205
Median Earnings
$605
Median Rent
$78,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - A renewable lease to the U.S. Postal Service provides established occupancy in downtown Fessenden.
Where is this storefront property located?
The property is located at 82 Main Fessenden, ND.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: 1,608‑square‑foot storefront; U.S. Postal Service tenant under a long‑standing lease with renewal provisions; Built in 1920
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