Listed by Signal Realtors
$2,050,000
Amazing Versatile Investment Opportunity
Details
Property Type Industrial, Mixed Use
Sub Type Auto Shop, Shopping Center
Square Footage 18,900
Units 17
Cap Rate 0.91%
NOI $18,570
Occupancy 80%
Tenancy Multi
Lease Type Modified
Price per SqFt $108
Year Built 2013
Buildings 3
Stories 1
Acreage 1.832
Zoning C2
North Minot area and offers exceptional potential
Marketing description
Looking for an investment opportunity in Minot? This versatile, income-producing property is ideally located in the growing North Minot
area and offers exceptional potential. The property features five office suites in the front and twelve shop condominium units in the rear,
creating a flexible multi-use rental layout. A well-sized front parking lot provides convenient access and visibility for customers and
tenants. In the rear, half of the shop units are equipped with 12’ x 10’ overhead doors, while the remaining units feature larger 14’ x 12’
overhead doors to accommodate a variety of uses.
Listing Contacts
Listed by Signal Realtors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$18,570.00
$1,547.50/mo
Valuation Metrics
0
DSCR
0.91%
Cap Rate
0.91%
ROI
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