123 1st St SW Active

Minot,ND 58701

$ 3850

- Bed

- Bath

2567 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 2,567 sqft

MLS Listing ID 240316

Year Built 1962

Tax Year 2023

Property Description

It?s HERE!! This is the most EPIC location in Minot!! The M opened in 1963 as Minot Federal Bank in Minot, ND. EPIC Companies purchased the M in 2021 and began demolition in 2022 with construction starting in 2023. The remodel is scheduled to be complete in the Fall of 2024. Commercial space will be featured on the first through fifth floors, with apartments on the floors above. The first floorspace is perfect for any small office user, coffee shop, or a small retail business. The second through fifth floors will feature two spaces of 2,600 and 4,400 sq ft. They can be combined into a single-user space. Multiple floors can be combined for larger single users as well. Two public parking ramps are available to the south and north of the M Building offering parking for employees and visitors. On-building and directory signage are available. Be a part of this historic building that is being brought back to life! The M by EPIC is now leasing commercial space on floors 2 through 5!! The 2nd floor rents for $18/SF/Year and this listing is for the larger of two available spaces on the 2nd floor. The 2nd floor has this 2,567 SF space and a second 4,351 SF space available. These two spaces can be combined creating an area of 6,918 SF. Floor 3 rents for $18.75/SF/Year, Floor 4 rents for $19.00/SF/Year and Floor 5 rents for $20.00/SF/Year. Floors 3-5 are 6,967 SF and can be subdivided into 4,382 SF and 2,585 SF spaces. Multiple floors can be combined on a lease. There is also 600 SF of space available on the 1st floor. This space rents for $950/Month. The spaces are in shell condition. The property owner has a Tenant Improvement allowance to assist in turning your space into your dream location. The estimated CAM fee for this space is $6.50/SF/Year. Details of the CAM and the TI allowance will be provided upon request.

Location

State ND

County Ward

Area Sw

Building/Complex Name Big M Bldg

Zoning C3

Multi-Unit Info

Existing Lease Term Negotiab

Interior

Heating Natural Gas

Cooling Central

Exterior

Exterior Feature Sprinkler

Building

Sewer City

Water City

Others

Acceptable Financing Negotiab

Listing Terms Negotiab

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