309 40Th AveMinot, ND 58703

Property Details for 309 40Th Ave

Year built

2011

Lot size

6.15 AC

Property size (Sq ft)

65,280 SF

Property type

Industrial properties

Property subtype

Other warehouses

Description

This exceptional City industrial property offers a unique leasing opportunity. Two available shop condos, each spanning 5,440 square feet, are situated within a larger complex comprising two buildings totaling 65,280 square feet. These units boast 20-foot high ceilings, 20' wide by 16' tall overhead doors with openers, and include a private office and restroom. The units are ideally configured as "drive-through" spaces, measuring 68' x 80', and can be leased individually or combined for a total of 10,880 square feet (68' x 160'). The property features ample parking, convenient access, and is strategically located with easy access to major highways (US Highway 83, US Highway 2 East Bypass, and US Highway 2 West Bypass). Built in 2011, this Class B property sits on a 6.15-acre lot (267,733 sq ft) and benefits from in-floor heating, a feature covered by the common area maintenance (CAM) fee of approximately $2.97 per square foot annually. The CAM fee also covers snow removal and lot maintenance. The property's zoning is M1. Total parking for the entire complex is 10 spaces, with two drive-in bays. The property has a building floor area ratio (FAR) of 0.25. Currently, 10,880 square feet of space is vacant. A first month's rent free incentive is available for a limited time. Contact us for complete CAM details and lease specifics.

Location Insight

City

Minot

County

Ward

State

North Dakota

Latitude

48.2792

Longitude

-101.288

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