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Property profile

622 Main St Lansford, ND 58750

OFF-MARKET
Industrial properties
5,728 SF Built 1966
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 5,728 square foot multi-tenant flex space building situated on a 14,000 square foot lot in Lansford, North Dakota. Located at 622 Main St, with zip code 58750, this property boasts a strategic location, just 31 miles from Minot, ND, offering convenient access to regional transportation networks and a growing market. Built in 1966, the building is structurally sound and ready for immediate occupancy. Previously utilized as a Chevrolet dealership and auto repair facility, the versatile layout includes dedicated office space, a spacious showroom, a parts storage area, and a well-equipped shop featuring three overhead doors. The asking price is $150,000, translating to a price per square foot of $26.19. The property's APN is 57-0000-01690-000. This adaptable space presents a multitude of potential uses for a variety of businesses, making it an ideal investment for both seasoned and emerging entrepreneurs seeking a strong foothold in a thriving community. The ample lot size provides additional potential for expansion or outdoor storage. Don't miss this chance to acquire a well-maintained, strategically located property with significant upside potential.

Property profile

Verified
Property type Industrial properties
Year built 1966
Total area 5,728 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

622 Main St Lansford, ND 58750
Lansford metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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