107 Main St. S, Minot, ND 58701 | Listings

107 Main St. S, Minot, ND 58701

  • $439,900
  • 9 Beds
  • Year Built: 1916
  • Multi-Family
  • Listing #240481
  • Status: Pending

Property Description

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.

Listing Details

Price$439,900
Bedrooms9 Beds
Year Built1916
Property TypeMulti-Family
Listing #240481
StatusPending
Listing TypeFor Sale

Interior Features

Heating and CoolingElectric, Hot Water

Exterior Features

FoundationConcrete
Lot Size0.08 acres

Miscellaneous

MLS AreaSE
Garage Spaces0

Courtesy of Delrae Zimmerman, Brokers 12, Inc.

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This content last updated on 5/25/2024 10:59 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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