2825 S Broadway, Minot, ND 58701

$850,000
11,294
SqFt

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List Price
$850,000
Status
ACTIVE
MLS#
261723
Above Ground Sqft
5647
Below Grade Sqft
5647
Year Built
1976

Property Description

Attention investors, this property offers a rare opportunity to acquire a turnkey, income-producing commercial asset that delivers stable passive returns and long-term wealth preservation through consistent cash flow and strong underlying real estate value. The building is in excellent condition, fully leased, and operating at a strong 7.5% cap rate with a total return potential exceeding 16.4% when factoring in cash flow, projected appreciation, equity accumulation, and tax advantages. With minimal landlord oversight required, this is a truly hassle-free investment. The property features three established and complementary tenants - Allstate Insurance, Gracie JIU-JITSU, and Iron Nation Gym - providing diversified and reliable income streams. Its high-visibility frontage along Highway 83 / South Broadway places it in one of Minot's most heavily trafficked commercial corridors, ensuring sustained demand and long-term appreciation. The surrounding area is anchored by major national brands such as Denny's, Anytime Fitness, Menards, Home Depot, McDonald's, Staybridge Hotel, Simonson's Gas Station, Tidal Wave Car Wash, KFC/A&W, Culver's, and others, creating a vibrant commercial environment that consistently drives traffic and enhances the property's strategic value. South Broadway is widely recognized as a premier location where visibility and accessibility are paramount, and traffic counts remain among the highest in Minot. Properties in this corridor have historically demonstrated resilient occupancy and strong performance. This offering represents a compelling opportunity for investors seeking a dependable, income-producing commercial asset in a proven and prominent Minot location. Act now to secure a high-performing investment property in one of Minot's most sought-after commercial corridors before this exceptional opportunity is gone.

Additional Information

Area
Sw
Taxes
$9,835.67
Interior Features
Private Restrooms
Heating
Forced Air, Natural Gas
Cooling
Central
Water
City
Sewer
City

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Listing courtesy of BROKERS 12, INC..