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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

11 Main St Crosby, ND 58730

4,038 SF Built 1920
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1920
Total area 4,038 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
Current use
Occupant on record · Public records
  • Divide-Burke Abstract Co Inc Title Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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