104 Main St Mandan, ND 58554
This exceptional 7,325 square foot medical office building, located at 104 E Main St in Mandan, North Dakota, presents a unique investment opportunity. Built in 1915 and situated on a 0.075-acre lot (APN 65-2309000), this multi-tenant property boasts a desirable Downtown Core (DC) zoning designation. The asking price is $265,000, translating to $36.18 per square foot. The building features a full basement, central air conditioning, and forced-air heating. Construction materials include brick exterior walls and a flat rubber roof. Interior flooring consists of carpet and vinyl. Utilities are readily available, including electricity, natural gas, and public water and sewer connections. This well-maintained property offers a strong foundation for continued success in a thriving medical market. Its central location in Mandan's downtown core provides excellent visibility and accessibility. The building's solid construction and functional layout make it an ideal investment for both seasoned and new investors seeking a stable and potentially high-return asset in the North Dakota medical office sector. This is a rare opportunity to acquire a well-established medical office building in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.