601 18Th Ave Minot, ND 58701
This exceptional three-story office building, constructed in 1988, offers 21,304 square feet of versatile space, ideal for executive, medical, or traditional office uses. Currently anchored by three solid tenants, this property presents a significant value-add investment opportunity with potential for increased occupancy. The building features an elevator servicing all three floors, along with conveniently located public restrooms on each level. Situated on a spacious 1.71-acre lot in southeast Minot, near Washington Elementary School, the property boasts ample parking. Recent improvements include chip sealing of the parking lot, and the exterior is meticulously maintained. The asking price is $1,600,000, translating to $75.10 per square foot. This property offers a compelling combination of established tenancy, convenient location, and significant upside potential. Detailed financials are available upon request.
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Creative Beginnings Day Care Daycare Center
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Eye Clinic of North Dakota Physician
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Bell Lloyd M DO Physician
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Brandt James E PhD Physician Medical Clinic
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Magic City Financial Group Financial Advisor
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
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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.