Property profile

21 Main St Minot, ND 58701

OFF-MARKET
Office Spaces
Property ID
US56-0153458
8,000 SF Built 1905
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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 Office Spaces
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

Current use

Occupant on record · Public records
  • Clothing Store
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Law Firm

Location

21 Main St Minot, ND 58701
Minot metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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