111 45Th Ave Minot, ND 58703

Property Details for 111 45Th Ave

Year built

2014

Lot size

2.89 lot acres

Property size

4,000 SF

Property type

Life science properties

Property subtype

Flex space

Description

This exceptional Class A industrial condo building, constructed and renovated in 2014, offers a variety of flexible spaces in Minot, North Dakota's Ridgedale Industrial Park. Located at 111 45th Ave NE, near the North Main Street and 45th Ave NE intersection, and just one block from the US Hwy 83 Bypass, this property boasts excellent accessibility. The single-story building comprises 24,000 square feet, divided into six suites, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 10,000 square feet. Currently, 4,000 square feet are available for lease, with options for 2,000, 4,000, 8,000, or 10,000 square foot spaces. Units feature 20-foot ceilings, 14' x 14' overhead doors with openers, and 6-inch reinforced concrete floors capable of supporting 105,000 tons. Amenities include in-floor heat, natural gas, high-efficiency boilers, bright LED lighting, three-phase power, internet access, and a 1-inch water line service to each bay. The building is fire-sprinkled and equipped with an exterior security system. The 2.89-acre lot is primarily paved with concrete and asphalt, providing ample space. Ten parking spaces are available. The property is zoned M1 Light Industrial and has an APN of MI-01819-000-003-0. Annual property taxes are $1.72 per square foot. CAM is estimated at $2.50 per square foot per year for 2024. This is a triple net lease. The building includes two drive-in doors. Available spaces are ready for occupancy within 30 to 60 days.