1595 40th AVE NW, Garrison, ND 58540
1595 40th AVE NW, Garrison, ND 58540
1595 40th AVE NW, Garrison, ND 58540
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Listed by Shanel M Effertz Century 21 Morrison Realty
$1,200,000
Est. payment /mo
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12,480 SqFt
Active

1595 40th AVE NW Garrison, ND 58540

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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,480 sqft

Price per Sqft $96

MLS Listing ID 4025944

Style Two-Story,See Remarks

Year Built 2013

Annual Tax Amount $5,586

Lot Size 3.780 Acres

Acres 3.78

Lot Dimensions UNKNOWN

Property Sub-Type Commercial

Property Description

Exceptional Commercial Investment Opportunity with Multiple Income Streams:
Unlock the potential of this versatile and income-producing commercial property situated on 3.780 acres, offering a rare combination of office space, residential rentals, shop facilities, and outdoor storage income. Whether you're an investor seeking strong cash flow or a business owner looking for a headquarters with additional revenue sources, this property delivers endless possibilities.

Front Office Space - 2,240 Sq. Ft:
The professionally designed front office area is currently leased and features:
welcoming reception area,
conference room,
five private offices,
kitchenette with sink, refrigerator & microwave,
half bathroom,
tile and carpet flooring throughout,
natural gas forced-air heat,
and central air conditioning.

Two Residential Rental Apartments:
Located above the office space are two well-appointed rental units, each offering approximately 1,100 sq. ft. of living space.

Each apartment includes:
two bedrooms,
one full bathroom,
open-concept living area,
kitchen island,
stove, refrigerator, dishwasher, and microwave,
stackable washer and dryer,
in-unit laundry,
luxury vinyl plank flooring,
and carpeted bedrooms.
These attractive units provide consistent rental income and appeal to long-term tenants.

Industrial Shop - 8,000 Sq. Ft:
The impressive 100' x 80' heated shop is built to accommodate a wide variety of commercial and industrial operations.
Features include:
20-foot sidewalls,
three-phase electrical service,
five overhead doors,
one 18-foot door,
four 16-foot doors,
floor drains with oil separator,
ventilation system,
half bathroom,
dedicated office space,
secure coded-lock entry doors,
interior and exterior security system coverage.

Additional Income-Producing Storage Area:
Behind the building is a fenced and gated storage area currently leased for boat and RV storage, creating another valuable revenue stream. The large acreage provides room for expansion or additional storage opportunities.

Investment Highlights:
Multiple established income sources,
front office space currently leased,
two residential rental units generating income,
shop rental potential and storage income,
boat and RV storage revenue,
security system throughout property,
excellent flexibility for owner-users and investors alike,
3.780-acre site with room for future growth.

This unique property offers the ideal blend of commercial, residential, and industrial space, creating a diversified investment with strong income potential and limitless future possibilities. Schedule your private tour today and explore everything this exceptional property has to offer.

Location

State ND

County Mclean

Area Outlying Towns Nd

Rooms

Other Rooms Other

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Tile, Carpet, Laminate

Exterior

Exterior Feature Storage, Other

Parking Features Garage Door Opener, Gated, Gravel, Heated Garage, Insulated, Lighted, Oversized, RV Gated, See Remarks, Storage, Secured, RV Garage, RV Access/Parking, Parking Lot, Garage Faces Side, Floor Drain, Additional Parking, Attached, Boat

Fence See Remarks, Chain Link, Gate

Utilities Available Natural Gas Connected, Water Connected, Electricity Connected

Roof Type Metal

Private Pool No

Building

Lot Description Square Lot, Near Golf Course

Building Description Steel Siding, Break Room,Conference Room,High Visibility,Overhead Doors,See Remarks

Story Two

Foundation Slab

Sewer Septic System

Water Rural

Architectural Style Two-Story, See Remarks

Structure Type Steel Siding

Others

Tax ID 37-4135-00004-000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Nearby Locations

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Jasmin Lewellyn

Jasmin Lewellyn

Agent License ID: 10505

+1(701) 206-0732

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1595 40th AVE NW