Jamestown Riverside Office: Timeless, Spacious, & Fully Leased
$2,600,000
520 3rd St NW, Jamestown, ND 58401
For Sale
Office
Building
Active
Last Updated: 11/14/2024
27,419 sqft
Building Size
1.5748 acres
Lot Area
Details:
Building Size: 27,419 sqft
Lot Area: 1.5748 acres
Occupancy: 100%
Class: B
Year Built: 1978
Floors: 3
Highlights:
- Tenant Profile: The building is fully leased by the North Dakota Department of Human Services for the South Central Human Services Center. The government agency as a tenant adds a level of stability and reliability to the investment, ensuring consistent and secure rental income
- Constructed in 1978 and updated periodically, this wood frame structure with a brick veneer and metal exterior combines durability with aesthetic appeal. The property also includes a one year old asphalt shingle roof
- Generous Space & Accessibility: With a gross site area of around 68,600 square feet, the site accommodates extensive on-site parking for approximately 72 vehicles, along with additional street parking. Handicap accessibility ramps and an elevator that services all floors enhance its inclusivity
- Strategic Location: Situated adjacent to the James River, the property is in a Public Open Development and Conservation District, ideal for various community-oriented uses. Its location combines the tranquility of a riverfront with the convenience of urban infrastructure
- Comprehensive Facilities: The office building includes multiple heating and cooling systems for year-round comfort, and a range of restroom facilities spread across its floors to cater to both staff and visitors efficiently
Description:
This property is a standout choice for investors looking for a secure, well-located asset with a reputable long-term tenant. For further details or to arrange a viewing, please contact us today.
Explore a valuable commercial opportunity in Jamestown, North Dakota with this three-story office building, a distinctive offering in the real estate market. This property is not just a building; it's a stable and reliable investment, currently fully leased to a reputable and secure tenant.
Documents:
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Offering_Memorandum_-_Jamestown_Riverside_Office.pdf |
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