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Sold on 05/31/24
  • Price Unknown

    107 Main St S, Minot, ND 58701

    9beds
    8baths
    8,466sqft
    Other
    Built in 1916
    -- sqft lot
    $479,600 Zestimate®
    $--/sqft
    $957 Estimated rent

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    What's special

    Calling all entrepreneurs and investors! Don't miss out on making your mark on history by owning part of Minot's downtown! 107 South Main was constructed in 1916 and is rich in history. It currently is home to Lien's Jewelry - a long term tenant (almost 30 years!) as well as EIGHT apartments! The retail storefront is an impressive 2733 square feet on the main floor with a bonus loft area as well as unfinished basement for additional storage. Lien's Jewelry has a lease in place and no intentions of vacating the building - this is terrific for stable cash flow! The apartment complex is on the second and third stories of the building and has controlled access. The second level apartments feature THREE one bedroom units and ONE two bedroom unit as well as coin operated laundry. Moving up to the third level, you'll find an additional FOUR one bedroom apartments. Each apartment features interior upgrades throughout the years, high ceilings with extra "loft spaces" and the sought after downtown vibe! Residential rent averaging $3655 per month and commercial rent at $2640 make this an appealing property for both a new or seasoned investor.

    Zillow last checked: 7 hours ago

    Listing updated: May 31, 2024 at 02:48pm

    Listed by:

    DELRAE ZIMMERMAN 701-833-1375,

    BROKERS 12, INC.,

    Kelsey Bercier 701-721-5544,

    BROKERS 12, INC.

    Source: Minot MLS,MLS#: 240481MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 8
    Heating
    • Electric, Hot Water
    Appliances
    • Included: Refrigerator, Range/Oven, Washer/Dryer
    Features
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 8,466
    • Total interior livable area: 8,466 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Other
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: MI24.238.070.0210
    • Zoning: C3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other
    Materials
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1916

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & neighborhood

    Location
    • Region: Minot

    HOA & financial

    Other financial information
    • Total actual rent: 71606