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    401 7 Ave Hankinson, ND 58041
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    401 7 Ave, Hankinson, ND 58041

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    • Commercial real estate
    • 3,200 SF
    • 0.70 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 401 7 Ave

    Year built
    2016
    Lot size
    0.70 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 3,200 square foot property in Hankinson, North Dakota, offers a unique blend of commercial and residential space. Ideally situated within the Industrial Park, just three miles west of Interstate 29, this property enjoys convenient access to major transportation routes and is in close proximity to LT's Fuel Stop and the Guardian Renewable Energy Plant. The building comprises approximately 1,600 square feet of shop space and 1,600 square feet of living quarters. The shop features a substantial 16' x 16' overhead door, providing ample access for vehicles and equipment, and includes a mezzanine level for additional storage. The residential area boasts two bedrooms and two bathrooms, along with a convenient upstairs office located in a loft area. The home includes washer and dryer hookups. Heating is highly efficient, utilizing LP floor heat in the shop and geothermal forced air throughout the living space. A fireproof wall separates the shop and living areas for enhanced safety and security. The property sits on a large 0.7-acre lot, classified as Class 5, offering significant potential for expansion or future development. This versatile property is priced at $377,000 and presents a compelling opportunity for a business owner seeking a combined work and living space, or an investor looking for a unique property in a strategic location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Hankinson
    County
    Richland
    State
    North Dakota
    Longitude
    -96.8895
    Latitude
    46.0681
    More about this property
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