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Office/Retail Building 123 1st Ave S 19,853 SF Office Building Jamestown, ND 58401 $350,000 ($17.63/SF)

EXECUTIVE SUMMARY
This is an excellent opportunity to own a two-story brick office building in the heart of Jamestown, ND. This sales leaseback will include a 5-year lease for approximately 4,750 square feet of the building by a national credit tenant. Priced well below replacement cost, this building consists of 19,113 square feet on the main and second levels with an additional 10,595 square feet in the semi-finished basement. With it’s central location in downtown Jamestown, this property has several dining and entertainment options withing walking distance. There will be great upside potential in this building once the vacancies have been filled.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
19,853 SF
Building Class
C
Year Built
1970
Price
$350,000
Price Per SF
$17.63
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,618 SF
Opportunity Zone
Yes
1 1
Walk Score®
Very Walkable (71)
PROPERTY TAXES
| Parcel Number | 74-5117640 | Improvements Assessment | $616,022 |
| Land Assessment | $65,547 | Total Assessment | $681,569 |
PROPERTY TAXES
Parcel Number
74-5117640
Land Assessment
$65,547
Improvements Assessment
$616,022
Total Assessment
$681,569
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Office/Retail Building | 123 1st Ave S
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