Property profile

300 3Rd St Minot, ND 58701

OFF-MARKET
Specialty properties
Property ID
US56-0651225
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Property summary

AI-generated overview

This exceptional commercial property, located at 300 SW 3rd St, Minot, ND 58701, presents a lucrative investment opportunity. Priced at $825,000, this completely renovated special-purpose property boasts a prime location, situated conveniently off Broadway and Burdick Expressway in Ward County. The property features three office suites, one currently leased under a five-year agreement, with another lease imminent. All units boast an excellent rental history, ensuring a strong return on investment. Beyond the office spaces, the property includes several vehicle bays, ideal for tenant parking or work vehicles, and ample storage space within each unit. Recent improvements include repaving of the off-street parking area. This central location, combined with the existing income stream and the potential for further rental income, makes this a highly desirable investment for discerning buyers seeking a stable and profitable commercial venture in a thriving North Dakota market. The property is zoned for commercial use and offers a blend of office and storage space, making it suitable for a variety of businesses. Its strategic location ensures high visibility and easy access for both tenants and clients. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a desirable location.

Property profile

Verified
Property type Specialty properties
UPID US56-0651225

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
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Interior Design Auto Repair Shop

Location

300 3Rd St Minot, ND 58701
Minot metro
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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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