Jamestown Riverside Office: Timeless, Spacious, & Fully Leased

520 3rd St NW Jamestown, ND 58401

520 3rd St NW, Jamestown, ND, 58401
520 3rd St NW, Jamestown, ND, 58401 520 3rd St NW, Jamestown, ND, 58401 520 3rd St NW, Jamestown, ND, 58401 520 3rd St NW, Jamestown, ND, 58401 520 3rd St NW, Jamestown, ND, 58401 520 3rd St NW, Jamestown, ND, 58401 520 3rd St NW, Jamestown, ND, 58401
FOR SALE
Property Type:
Single Tenant Office
Amount:
$2,600,000
Last Verified:
Dec 08, 2023

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.


Year Built: 1978
Building Size: 27419sq ft
Building Class: B
Lot Size: 1.57 acres


Documents

Offering Memorandum - Jamestown Riverside Office

Map of 520 3rd St NW, Jamestown, ND, 58401

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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