105 SE 1st St SE #108 1st Ave SE, 150 2nd St SE, Minot, ND 58701
105 SE 1st St SE #108 1st Ave SE, 150 2nd St SE, Minot, ND 58701
105 SE 1st St SE #108 1st Ave SE, 150 2nd St SE, Minot, ND 58701
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DelRae Zimmerman

DelRae Zimmerman

+1(701) 833-1375
$4,900,000
Est. payment /mo
63,806 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 63,806 sqft

Price per Sqft $76

MLS Listing ID 261815

Year Built 1950

Lot Size 1.570 Acres

Acres 1.57

Lot Dimensions 68396 SF

Property Sub-Type Commercial

Property Description

105 1st Street SE – Downtown Minot ESTABLISH YOUR BUSINESS. GENERATE RENTAL INCOME. BUILD EQUITY. A unique opportunity to own a substantial mixed-use property in the heart of downtown Minot! Whether you're looking to establish a corporate headquarters, expand your business operations, or acquire an income-producing investment, this versatile property offers tremendous potential. Featuring over 25,000 square feet of commercial space on the first and second levels, the building provides an excellent opportunity for an owner-occupant to utilize the space needed for business operations while leasing the remaining areas to help offset ownership costs and generate additional revenue. The overall gross square footage of 70,000 square feet includes a number of stairwells and other vertical penetrations. The property also includes 18 residential apartment/condominium units, offering another potential source of rental income. With four above-ground levels and a full basement, the building provides flexibility for a variety of commercial and residential uses. The commercial areas can be subdivided to accommodate multiple tenants or configured for a larger single-user operation. The main level currently features retail and office space, conference rooms, a spacious break room, and additional employee amenities. Additional property highlights include: • 85+ off-street parking spaces on the adjoining lot at 150 2nd Street SE. • Secure building access and dedicated server room. • Enhanced security features, including bullet-resistant viewing windows, reinforced walls, and controlled access. • Cat 5e cabling throughout. • Full basement with access and egress, providing additional potential leasable space. • Convenient downtown location with access to nearby businesses, dining, and amenities. Use the space your business needs and let the balance of the property work for you. With its combination of commercial flexibility, residential rental opportunities, and substantial on-site parking, this property presents a compelling opportunity for both owner-users and investors. Explore the possibilities of owning a landmark-sized property in downtown Minot!

Location

State ND

County Ward

Area Se

Zoning C3

Multi-Unit Info

Total Units 3

Interior

Interior Features Sprinkler, Public Restrooms

Heating Natural Gas

Cooling Central

Heat Source Natural Gas

Building

Lot Size Range Less

Sewer City

Water City

Others

Tax ID MI24.E01.000.0020&0030

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Listed by Coldwell Banker 1st Minot Realty

Nearby School & Business

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DelRae Zimmerman

DelRae Zimmerman

+1(701) 833-1375

Broker Associate License ID: 7065

Broker Associate License ID: 7065

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