Property profile

12 Main St Minot, ND 58701

OFF-MARKET
Office Spaces
Property ID
US56-0192869
11,950 SF 1.6 ac lot Built 1905
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Property summary

AI-generated overview

This exceptional 11,950 square foot, two-story Class B office building, situated at 12 Main Street South in Minot, North Dakota, presents a unique leasing opportunity. Built in 1905, this single-tenant property boasts 6,500 square feet of immediately available space, perfect for a variety of businesses. The space features 14 individual offices ranging from 120 to 252 square feet, each available for $500 per month, or the entire 6,500 square feet can be leased for $6,500 per month. Amenities include open storage areas, 16-inch wide hallways, two public restrooms, a formal reception area, a break area, and a conference room. An additional loft area provides extra storage or potential office space. The property sits on 1.6 acres of land and is zoned C3-Central Business, offering excellent visibility and accessibility in the heart of downtown Minot. Street parking is available. The building's APN is MI24.238.030.0070. Lease terms are negotiable. This is an ideal opportunity to establish a presence in a thriving downtown location.

Property profile

Verified
Property type Office Spaces
Year built 1905
Total area 11,950 SF
Lot 1.6 ac (69,696 SF)
UPID US56-0192869

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Law Firm
  • Real Estate Agency
  • Real Estate Agency
  • Real Estate Agency

Location

12 Main St Minot, ND 58701
Minot metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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