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.
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
Owner options
What's special
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#: 240481

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