11 Main StCrosby, ND 58730

Property Details for 11 Main St

Year built

1920

Property size (Sq ft)

4,038 SF

Property type

Residential income properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Crosby

County

Divide

State

North Dakota

Latitude

48.9129

Longitude

-103.295

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