5200 7Th Ave Minot, ND 58701
- Commercial real estate
- 8,600 SF
- 2.00 lot acres
Current Use by Public Records
- Pomp's tire and service / Auto Repair Shop
Property Details for 5200 7Th Ave
- Year built
- 1988
- Lot size
- 2.00 lot acres
- Property size
- 8,600 SF
- Property type
- Commercial real estate
Description
This exceptional 8,600-square-foot commercial property, situated on a two-acre lot in Minot, North Dakota, presents a compelling investment opportunity. Built in 1988 and zoned C1, the building boasts ample parking and excellent visibility from Highway 2/52. The interior comprises 23 private offices, many with exterior windows, enhancing natural light and creating a productive work environment. A welcoming reception area with adjacent waiting space and a dedicated copier/supply room cater to client needs. Employee amenities include a comfortable break room with a kitchenette. A sizable conference room, featuring stylish barn doors for versatile access, is ideal for meetings and presentations. Furthermore, the property includes a parts room with racking and substantial storage space, complete with an overhead door for convenient loading and unloading. The asking price is $1,050,000, translating to $122.09 per square foot. This updated building offers a blend of retail and industrial space, making it suitable for a variety of businesses. Its prime location and extensive features make it an attractive prospect for investors seeking a strong return on investment in a thriving North Dakota market. The property address is 5200 7th Ave, Minot, ND 58701.
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
- -101.3682974
- Latitude
- 48.2310705
