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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

1500 37Th Ave Minot, ND 58701

6,636 SF
Property ID
US56-0347932
Property summary
AI-generated overview

This exceptional retail investment opportunity presents a thriving gas station and convenience store located at 1500 37th Avenue SW in Minot, North Dakota. The property boasts a substantial 6,636 square feet of building space situated on a generous 90,387 square foot lot. Priced at $4,200,000 ($632.91 per square foot), this turnkey operation offers immediate income potential. Its prime location at the northeast corner of 37th Avenue SW and 16th Street SW ensures high visibility and accessibility. The property benefits from its proximity to significant developments, including the YMCA, a new Caribou Coffee, two hotels, and the large Trinity Health complex, guaranteeing a consistent flow of customers. This established business enjoys a strong position within a rapidly growing area of Minot, making it an attractive investment for discerning buyers seeking a profitable and well-located commercial property. The property is zoned for retail use and includes all necessary equipment and infrastructure for continued operation. This is a rare opportunity to acquire a successful, established business with significant growth potential in a thriving North Dakota market. Serious inquiries are encouraged.

Property profile
Verified
Property type Grocery and convenience stores
Total area 6,636 SF
UPID US56-0347932
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
Current use
Occupant on record · Public records
  • Safari Fuels (Formally Racers) Gas Station
  • Caribou Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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