For Sale
$385,000

11 Main St Crosby, ND 58730

Historic Main Street building, 4 units

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional mixed-use property at 11 Main St S, Crosby, ND 58730, presents a compelling investment opportunity. The three-story, 4,038 square foot building, constructed in 1920, boasts a prime location on Main Street, ensuring high visibility. The property is zoned C-1 and sits on a 3,500 square foot lot, with additional vacant land to the west offering potential for expansion or tenant amenities. The building comprises four residential units: two two-bedroom/one-bathroom units and two one-bedroom/one-bathroom units. All units are furnished and include in-unit laundry. Adding to the income potential is 838 square feet of commercial space on the lower level, currently configured as office space. This dual-income stream, combining residential and commercial rentals, offers significant return potential. The asking price is $385,000, translating to $95.34 per square foot. This historic building in downtown Crosby offers a unique blend of established income and future growth potential within a thriving community. The property's attractive features, including its high visibility location, fully furnished units, and additional vacant land, make it an ideal investment for both seasoned and aspiring investors.

Highlights

  • Historic downtown Crosby building.
  • High-visibility corner lot with extra yard space.
  • Dual-income potential: multi-family & office space.
  • Four furnished two-bedroom/one-bath units.
  • In-unit laundry and open floor plans.

Property Details for 11 Main St

Property type
Retail properties, Office properties
Square Feet
4,038 SF
Year Built
1920
Stories
3
Units
4

Location Insight

City
Crosby
County
Divide
State
North Dakota
Latitude
48.9129229
Longitude
-103.295042

FAQs

What type of property is this?
Retail property - Historic Main Street building, 4 units
Where is the retail property located?
The property is located at 11 Main St Crosby, ND.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Historic downtown Crosby building.; High-visibility corner lot with extra yard space.; Dual-income potential: multi-family & office space.
How can I contact the broker?
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11 Main St
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