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Property profile & analytics
OFF-MARKET
Commercial real estate

21 Main St Minot, ND 58701

8,000 SF Built 1905
Property ID
US56-0153458
Property summary
AI-generated overview

This exceptional 8,000 square foot, two-story Class C office building located at 21 Main St S, Minot, ND 58701 presents a unique investment opportunity. Built in 1905 and extensively renovated in 2022, the property boasts a single-tenant occupancy with 1,700 square feet currently vacant. The building's street-level location in downtown Minot offers high visibility and accessibility, making it ideal for a variety of uses, including traditional office space, retail, or a restaurant. The updated lobby entry creates a welcoming atmosphere, while the interior layout features a formal reception area and nine individual offices. One office is currently configured as a break room, and another could easily serve as a conference room, enjoying direct Main Street views. The vacant 1,700 square feet provides flexibility for customization to meet specific business needs. This property offers a blend of historic charm and modern functionality, situated in a vibrant downtown location. The combination of its prime location, recent renovations, and adaptable floor plan makes this a compelling opportunity for a discerning buyer seeking a versatile commercial space in the heart of Minot. The property's strong location and recent upgrades make it a highly attractive investment.

Property profile
Verified
Property type Commercial real estate
Year built 1905
Total area 8,000 SF
UPID US56-0153458
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
  • Ryder Republic Clothing Store
  • Magic City Webworks Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Albertson Consulting Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Nicolet Law Accident & Injury Lawyers Law Firm
Value estimations
Realmo proprietary · 4 methods
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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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