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32062022
32080230

1001 2nd St SE, Minot, ND 58701

Coldwell Banker 1st Minot Realty
Listed by Coldwell Banker 1st Minot Realty
$695,000
952 days on market
Updated 36 days ago
Opportunity zone

Washington Square

Details
APN MI24.C73.000.010
Property Type Land
Sub Type Commercial, Residential
Pads 1
Broker Co-Op Yes
Acreage 2.340
Zoning R3/Multi-Residential
Ownership Private Party
Sale Condition 1031 exchange

Land | 2.34 acres

Marketing description

1001 2nd St SE is zoned R3. The lot has been planned for 32 Town Homes in 5 buildings. All utilities are stubbed to each of the five buildings. There have been a couple of hundred thousand dollars invested with approved plans! This property is ready to go vertical!! This property is in a prime location in the city of Minot. The lot is known as the former Washington School property. If you think about it, this lot could be the most amazing single-family home or a five, twin-home lot in Minot and northwest North Dakota. It takes some vision to accomplish any of the possibilities to develop this lot given the uniqueness of this piece of real estate.

The owner will participate in the development of the property. We will be happy to have a discussion with a developer to build a plan that works for all parties.

Detail plans of the potential town-home development are available upon request.

Investment highlights

1001 2nd St SE is an elevated lot in a great location at the center of the Minot. Extensive work has been done to prepare for the redevelopment of the lot.

The lot has been planned for 32 Town Homes in 5 buildings. All utilities are stubbed to each of the five buildings. There have been a couple of hundred thousand dollars invested with approved plans! This property is ready to go vertical!!

Minot is the hub of activity in North Central North Dakota. Minot’s diversified economy includes strong energy, education, military with Minot Air Force Base, manufacturing, medical, commercial, industrial, retail, and recreational sectors.

Listing Contacts

Coldwell Banker 1st Minot Realty
Listed by Coldwell Banker 1st Minot Realty

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