415 Main Street, Mandan, ND 58554

Century 21 Morrison Realty

1142 W Turnpike Ave
Bismarck, ND

701-223-6654

Views: 29

Fantastic visibility in an INCREASINGLY REVITALIZED downtown Mandan main street location. This property is attractive for many different types of business needs. The main TALL building with multiple garage and walk in access points consists of 4 separate usable spaces, but seller believes (and buyer to verify) that it could be turned into ONE LARGE OPEN SPACE (elevated floor can be taken out to have one flat surface). In addition to the large indoor space, there is also a significant space behind for parking, storage or future building. Although the railroad DOES own the land itself, there are SEVERAL key benefits to still owning the building. Historically... (1) The railroad hasn't negotiated with other potential buyers to sell the land to anyone other than the current tenant. (2) There have been times when the railroad is willing to sell. Being the owner of the property and leasing usually has given that building owner the exclusive opportunity. (3) The lease rates and terms are usually very reasonable. Although this property is turn key (usable day one!), comparatively to other parcels in the area, this is one of the few parcels yet to be updated commensurate with several of the new construction buildings on main street. With less recent trendy updates, rent and a future lot should also be more affordable as well. Talk to a knowledgeable real estate professional about the benefits of all this property has to offer.

Website: http://caveorcastle.com/

3072

0.303