11 Main St Crosby, ND 58730
- Retail properties
- 4,038 SF
Current Use by Public Records
- Divide-Burke Abstract Co Inc / Title Company
Property Details for 11 Main St
- Year built
- 1920
- Property size
- 4,038 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional mixed-use property at 11 Main St S, Crosby, ND 58730, presents a compelling investment opportunity. The three-story, 4,038 square foot building, constructed in 1920, boasts a prime location on Main Street, ensuring high visibility. The property is zoned C-1 and sits on a 3,500 square foot lot, with additional vacant land to the west offering potential for expansion or tenant amenities. The building comprises four residential units: two two-bedroom/one-bathroom units and two one-bedroom/one-bathroom units. All units are furnished and include in-unit laundry. Adding to the income potential is 838 square feet of commercial space on the lower level, currently configured as office space. This dual-income stream, combining residential and commercial rentals, offers significant return potential. The asking price is $385,000, translating to $95.34 per square foot. This historic building in downtown Crosby offers a unique blend of established income and future growth potential within a thriving community. The property's attractive features, including its high visibility location, fully furnished units, and additional vacant land, make it an ideal investment for both seasoned and aspiring investors.
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
- Crosby
- County
- Divide
- State
- North Dakota
- Longitude
- -103.295
- Latitude
- 48.9129
