104 Prospect St Watford City, ND 58854
- Retail properties
- 68,688 SF
- 1.95 lot acres
Current Use by Public Records
- Retail properties
Property Details for 104 Prospect St
- Year built
- 2015
- Lot size
- 1.95 lot acres
- Property size
- 68,688 SF
- Property type
- Retail properties
- Property subtype
- Apartment buildings
Description
This exceptional 2015-built property at 104 Prospect St SE, Watford City, ND, presents a lucrative investment opportunity. The 1.95-acre lot encompasses a substantial 68,688 square feet of space, divided between a 55-unit apartment building and 12,000 square feet of commercial space. Currently fully occupied, this asset generates a stable income stream from both residential and commercial tenants. The property boasts a permitted commercial zoning designation, allowing for flexibility and potential future development. The land value, calculated at $93.17 per square foot, reflects the strong market demand in this area. Located in McKenzie County, ND, with a zip code of 58854, this meticulously maintained complex benefits from its prime location and professional management. The property's APN is 82-23-03200. This turnkey investment offers a rare chance to acquire a high-performing asset with significant potential for long-term growth and returns. The asking price is $6,400,000. This is a fully occupied, well-maintained property with a proven track record of success. Don't miss this chance to own a piece of Watford City's thriving commercial and residential market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Watford City
- County
- McKenzie
- State
- North Dakota
- Longitude
- -103.212
- Latitude
- 47.8005
