525 31St Ave Minot, ND 58701
This exceptional 6,810 square foot commercial property, located at 525 31st Ave SW in Minot, North Dakota, presents a unique investment opportunity. Built in 1980 and zoned C2, this versatile space offers a blend of industrial, retail, and office potential. The property is currently vacant, allowing for immediate occupancy and customization to suit a wide range of businesses. A significant feature is a large gymnasium area, ideally suited for a fitness center or similar use. An attached heated shop boasts large overhead doors, perfect for storage, light manufacturing, or workshop activities. The asking price is $1,145,000, translating to $168.14 per square foot. This property's diverse layout and prime location in Ward County, zip code 58701, make it an attractive prospect for entrepreneurs and investors seeking a flexible and adaptable space. The property's size and zoning provide ample opportunity for creative business development. Don't miss this chance to acquire a substantial commercial property in a thriving North Dakota market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.