2001 8th Ave SE - Office/Residential FOR SALE


Minot, ND 58701- Riverwalk
$725,000 USD
701-833-3536
2001 8th Ave SE, Minot, ND for Sale
$725,000 USD
Office/Residential - FOR SALE
1/70
null | 8.6% Cap Rate

2001 8th Ave SE
Minot, ND 58701
Riverwalk


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$66 USD /SF

CAP RATE

8.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C-2

APN/PARCEL ID

MI-19465-020-002-0

ASK ABOUT THIS PROPERTY

Becky BertschBetter Homes and Gardens Real Estate - Watne GroupMore Info
701-833-3536

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Becky BertschBetter Homes and Gardens Real Estate - Watne GroupMore Info
701-833-3536

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.