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28942940
28942941

219 1st Ave S, Jamestown, ND 58401

$495,000
148 days on market
Updated 148 days ago
Opportunity zone

Maple Mall

Details
Property Type Mixed Use, Office (+1)
Sub Type Shopping Center
Square Footage 12,450
Cap Rate 4.18%
NOI $20,676
Price per SqFt $40
Year Built 1961
Buildings 1
Stories 2
Lot Size (SqFt) 10,500
Zoning cc

Mixed Use | 4.18% CAP | 12,450 SqFt

Marketing description

Prime Commercial Property in the Heart of Jamestown, ND. Located in downtown Jamestown, this well-maintained multi-tenant mall offers an excellent investment opportunity in a high-traffic area surrounded by restaurants, boutiques, and local businesses. The property features multiple fully leased retail spaces on the main level, providing consistent rental income. An upper level offers additional office space, ideal for professional or creative tenants, while the basement provides ample storage currently in use by existing tenants. With its central location, ample parking, strong tenant mix, and solid rental history, this property is a standout asset in Jamestown's downtown district.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$20,676.00
$1,723.00/mo

Valuation Metrics

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DSCR
4.18%
Cap Rate
4.18%
ROI

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