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$725,000
Est. payment /mo
10,987 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,987 sqft
Price per Sqft $65
MLS Listing ID 250376
Year Built 1959
Tax Year 2024
Lot Size 0.430 Acres
Acres 0.43
Lot Dimensions 18,810 sf
Property Sub-Type Industrial
Property Description
Here is an investment opportunity ready for new owners!! This property is 100% occupied with long term tenants! Located in a great SE Minot location, with ample parking, this opportunity could be the investment you've been waiting for with 8.6% cap rate! With 11 units of cash flow, minimal monthly expenses, this is a fantastic business to add to your business portfolio! There are 6 bathrooms throughout the building. 4 are within specific units and 2 are shared in the hallway. Updates to the property include exterior & interior walls and flooring, newer plumbing, electrical wiring, high speed internet added, newer water heaters and furnaces. The roof has updated rubber membrane on the east side of the property. There is a 600 s/f basement under the house portion of the property! Call an agent today to get the full experience!
Location
State ND
County Ward
Area Se
Zoning C2
Multi-Unit Info
Total Units 11
Interior
Interior Features Handicap Access, Private Restrooms
Heating Forced Air
Cooling Central
Heat Source Forced Air
Exterior
Total Parking Spaces 35
Building
Lot Size Range Less
Sewer City
Water City
Others
Tax ID MI194650200020
Read Less Info
Listed by Better Homes and Gardens Real Estate Watne Group
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DelRae Zimmerman
Broker Associate | License ID: 7065
Broker Associate License ID: 7065