Description
This is a great property in a great location! Two buildings, 309 and 403 40th Ave NE Minot are included in this listing. The buildings and lot have been well maintained by the current owner. This is an excellent opportunity to own income property in Minot and provide a place to locate your business if needed. This property consists of two 32,640 SF buildings subdivided into three 10,880 SF and six 5,440 SF shop condos. The single units have an office and a restroom. The three 10,880 SF units have multiple offices and restrooms. The single units are 68' x 80' with two overhead doors measuring 20' wide by 16' high with openers and two walk-in doors. The double units are 10,880 SF of drive-through space measuring 68 x 160. They have four overhead and four walk-in doors. There is ample parking lot space allowing for access and egress to and from the shop condos along with employee parking. The six single, 5,440 SF units and two of the 10,880 SF units are leased. One 10,880 SF unit is not leased at this time. This unit can be easily divided into two 5,440 SF spaces. This allows a potential buyer to locate their business on-site! The tenants leasing space in this property are very diversified, with many industries represented. They provide a good cross section of the market and stability for an investment property. The leases include a CAM Fee based on a $ amount/SF/YR. Please ask for details of the CAM portion of the leases.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
-
65,280SQFT
-
$64$/SQFT
School Ratings & Info
Description
This is a great property in a great location! Two buildings, 309 and 403 40th Ave NE Minot are included in this listing. The buildings and lot have been well maintained by the current owner. This is an excellent opportunity to own income property in Minot and provide a place to locate your business if needed. This property consists of two 32,640 SF buildings subdivided into three 10,880 SF and six 5,440 SF shop condos. The single units have an office and a restroom. The three 10,880 SF units have multiple offices and restrooms. The single units are 68' x 80' with two overhead doors measuring 20' wide by 16' high with openers and two walk-in doors. The double units are 10,880 SF of drive-through space measuring 68 x 160. They have four overhead and four walk-in doors. There is ample parking lot space allowing for access and egress to and from the shop condos along with employee parking. The six single, 5,440 SF units and two of the 10,880 SF units are leased. One 10,880 SF unit is not leased at this time. This unit can be easily divided into two 5,440 SF spaces. This allows a potential buyer to locate their business on-site! The tenants leasing space in this property are very diversified, with many industries represented. They provide a good cross section of the market and stability for an investment property. The leases include a CAM Fee based on a $ amount/SF/YR. Please ask for details of the CAM portion of the leases.
© 2023 Minot Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Signal Realty. Data last updated: 2023-09-22T12:50:31.123.