601 18Th Ave Minot, ND 58701
- Medical offices
- 21,304 SF
- 1.71 lot acres
Current Use by Public Records
- Creative Beginnings Day Care / Day Care Center
- Eye Clinic of North Dakota / Doctor
- Bell Lloyd M DO / Psychiatrist
- Brandt James E PhD / Psychologist
- Magic City Financial Group / Financial Planner
Property Details for 601 18Th Ave
- Year built
- 1988
- Lot size
- 1.71 lot acres
- Property size
- 21,304 SF
- Property type
- Medical offices
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Minot
- County
- Ward
- State
- North Dakota
- Longitude
- -101.28524277221
- Latitude
- 48.21471564714
