1515 NE Railway Ave Minot, ND 58703
- Flex space
- 7,200 SF
- 4.79 lot acres
Current Use by Public Records
- Eagle Vault & Concrete / Concrete Contractor
Property Details for 1515 NE Railway Ave
- Year built
- 2006
- Lot size
- 4.79 lot acres
- Property size
- 7,200 SF
- Property type
- Flex space
Description
This exceptional 7,200-square-foot flex space industrial building, situated on a generous 4.79-acre lot just outside Minot city limits (58703), presents a unique owner-user opportunity. Built in 2006, the single-building property boasts a sturdy construction featuring a 60' x 120' steel structure with a steel roof and 8-inch deep poured concrete floors. The building's insulation consists of 6-inch batting, and it's heated by a well-maintained hot water boiler system (inspected and serviced every five years). A 12' x 12' brick addition houses the furnace room, providing separation from the main workspace. The property includes three overhead doors (two 16' and one 12'), a Gantry Crane, and two bathrooms, one of which is ADA accessible. Additional features enhance functionality and safety, including dedicated office space, a breakroom, and an emergency shower and eye wash station. The sale includes valuable equipment: a 30 HP 3-phase compressor and the existing security system. Utilities are in place, supplemented by a private well and septic system. The property is zoned M1 and offers significant potential for a variety of industrial and flex uses. Asking price is $950,000, resulting in a price per square foot of $131.94.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Minot
- County
- Ward
- State
- North Dakota
- Longitude
- -101.26969
- Latitude
- 48.240685
