146 Main St Hazen, ND 58545
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.