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Property profile & analytics
OFF-MARKET
Commercial real estate

146 Main St Hazen, ND 58545

3,741 SF 0.45 ac lot
Property ID
US56-0432051
Property summary
AI-generated overview

This exceptional commercial property, located at 146 Main Street in Hazen, North Dakota, presents a rare investment opportunity. The 3,741 square foot building, formerly a water treatment plant, offers a spacious, open interior with 16-foot ceilings, adaptable to a wide range of uses. Imagine transforming this unique space into a modern office complex, an art studio, an event venue, or even a recreational facility. The property's true hidden gem lies beneath the surface: three massive underground concrete reservoirs totaling 5,322 square feet. These reservoirs offer incredible potential for storage, unique event spaces, or specialized uses such as wine storage or a climate-controlled storage facility. Situated on a 0.45-acre corner lot with C1 zoning, the property boasts both on-street and off-street parking, alley access, and a partially fenced perimeter. Its prime Main Street location ensures high visibility and easy accessibility, ideal for establishing a strong business presence. This property is part of the Renaissance Zone (buyer to verify). Priced to sell at $150,000, this is a chance to acquire a truly one-of-a-kind commercial property with immense potential. Don't miss this opportunity to reimagine the possibilities within its walls.

Property profile
Verified
Property type Commercial real estate
Total area 3,741 SF
Lot 0.45 ac (19,602 SF)
UPID US56-0432051
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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