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    FOR SALE
    Mixed-use properties

    2001 SE 8Th Ave, Minot, ND 58701

    10,987 SF
    Property ID
    US56-0351558
    2001 SE 8Th Ave, Minot, ND 58701 For Sale 1 / 81
    $725,000 10,987 SF
    2001 SE 8Th Ave, Minot, ND 58701
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    Property summary
    AI-generated overview

    Here is an investment opportunity ready for new owners!! This property is 100% occupied with long term tenants! Located in a great SE Minot location, with ample parking, this opportunity could be the investment you've been waiting for with 8.6% cap rate! With 11 units of cash flow, minimal monthly expenses, this is a fantastic business to add to your business portfolio! There are 6 bathrooms throughout the building. 4 are within specific units and 2 are shared in the hallway. Updates to the property include exterior & interior walls and flooring, newer plumbing, electrical wiring, high speed internet added, newer water heaters and furnaces. The roof has updated rubber membrane on the east side of the property. There is a 600 s/f basement under the house portion of the property! Call an agent today to get the full experience!

    Property profile
    Verified
    Property type Mixed-use properties
    Total area 10,987 SF
    UPID US56-0351558
    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
    • Focused Beam Engraving & Gift Shop Marketing & Advertising Advertising Agency
    • Rosenquist & Arnason Pllp Law Firm
    • Sabre Dogs HQ Corporate Office
    • The Purple Door Metaphysical Supply Store
    • Doggie Doo/ Clean cut Landscaping
    5 occupants on record
    Value estimations
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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