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Property profile & analytics
OFF-MARKET
Commercial real estate

103 Main St Noonan, ND 58765

1,968 SF 0.24 ac lot Built 1940
Property ID
Property summary
AI-generated overview

This 1,968-square-foot commercial building in Noonan, North Dakota, presents a fantastic opportunity at an exceptional price. Located at 103 Main Street, the property sits on a 0.24-acre lot and boasts a range of features ideal for various businesses. The building features two large (10'x11') overhead garage doors with openers at the front, and a rear shop/garage with an additional overhead door, providing ample space for equipment and vehicles. The interior includes a newly renovated showroom with fresh sheetrock, texture, and paint, along with a back office area and several storage rooms. The entire building is fully insulated and heated. A half-bathroom is conveniently located within the building. The exterior has been freshly painted within the last two years, and the steel roof is only five years old. The floors are concrete throughout. The property includes a 155 psi high-power air compressor (220-volt wired) and is equipped for various fuel types for the furnace, including diesel, kerosene, or other oil-based fuels (with a tank directly connected to the furnace, plus an additional unconnected storage tank). Numerous built-in features enhance the workspace, including workbenches, pegboard, and a tire rack. Ample paved parking is available in the front and on the side, with additional space at the rear of the building for multiple vehicles. This property offers a blend of functionality and convenience, making it an attractive investment.

Property profile
Verified
Property type Commercial real estate
Year built 1940
Total area 1,968 SF
Lot 0.24 ac (10,454 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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