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1595 40TH AVE NW Garrison ND 58540-9235

APN 37 4135 00004 000

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Details
Property Type Retail
Sub Type Storefront
Building SqFt 10,240
Lot SqFt 164,657
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 2013
Building Count 1
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******
Lender Name ******

Property History

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Property Type
Property Type
Special Purpose
Asking Details
Asking Price
$1,200,000
Marketing Description
On south side of the road as you come into Garrison from Hwy 83 Exceptional Commercial Investment Opportunity with Multiple Income Streams: Unlock the potential of this versatile and income-producing commercial property situated on 3.780 acres, offering a rare combination of office space, residential rentals, shop facilities, and outdoor storage income.​ Whether you're an investor seeking strong cash flow or a business owner looking for a headquarters with additional revenue sources, this property delivers endless possibilities.​ Front Office Space ‹“ 2,240 Sq.​ Ft: The professionally designed front office area is currently leased and features: welcoming reception area, conference room, five private offices, kitchenette with sink, refrigerator & microwave, half bathroom, tile and carpet flooring throughout, natural gas forced-air heat, and central air conditioning.​ Two Residential Rental Apartments: Located above the office space are two well-appointed rental units, each offering approximately 1,100 sq.​ ft.​ of living space.​ Each apartment includes: two bedrooms, one full bathroom, open-concept living area, kitchen island, stove, refrigerator, dishwasher, and microwave, stackable washer and dryer, in-unit laundry, luxury vinyl plank flooring, and carpeted bedrooms.​ These attractive units provide consistent rental income and appeal to long-term tenants.​ Industrial Shop ‹“ 8,000 Sq.​ Ft: The impressive 100' x 80' heated shop is built to accommodate a wide variety of commercial and industrial operations.​ Features include: 20-foot sidewalls, three-phase electrical service, five overhead doors, one 18-foot door, four 16-foot doors, floor drains with oil separator, ventilation system, half bathroom, dedicated office space, secure coded-lock entry doors, interior and exterior security system coverage.​ Additional Income-Producing Storage Area: Behind the building is a fenced and gated storage area currently leased for boat and RV storage, creating another valuable revenue stream.​ The large acreage provides room for expansion or additional storage opportunities.​ Investment Highlights: Multiple established income sources, front office space currently leased, two residential rental units generating income, shop rental potential and storage income, boat and RV storage revenue, security system throughout property, excellent flexibility for owner-users and investors alike, 3.780-acre site with room for future growth.​ This unique property offers the ideal blend of commercial, residential, and industrial space, creating a diversified investment with strong income potential and limitless future possibilities.​ Schedule your private tour today and explore everything this exceptional property has to offer.​

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Minot, ND.
Minot, ND median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Minot, ND (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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