Office Space - For Sale
805 Lenham Avenue Southwest Cooperstown, ND 58425
Details & Description
Price: $925,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.402
  • Building Sq Ft 5,200
  • Building Price per Sq Ft $189.42
  • Land Sq Ft 17,500
  • Land Price per Sq Ft $2.69
  • CAP Rate % 7.40
Income/Investment opportunityUSDA long term tenant +20 yearsCooperstown is County Seat for Griggs CountyPriced at 7.4% Cap RateStable income historyFinancials available with a signed Confidentiality Agreement
Property Highlights
 Commercial building for sale with 20 year tenant
 Investment opportunity
Additional Photos
Listing Agents
Paul Balega

O: 701-364-0244
M: 218-850-8088
pbalega@nainorthcentral.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

805 Lenham Avenue Southwest

Cooperstown, ND 58425

Listing ID: 283140
Property No Longer Listed
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.402
  • Building Sq Ft 5,200
  • Building Price per Sq Ft $189.42
  • Land Sq Ft 17,500
  • Land Price per Sq Ft $2.69
  • CAP Rate % 7.40
  • 805 Lenham Avenue Southwest Cooperstown, ND 58425 | for Sale | Photo 1
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Property Highlights
 Investment opportunity
 Commercial building for sale with 20 year tenant
Description

Income/Investment opportunity

USDA long term tenant +20 years

Cooperstown is County Seat for Griggs County

Priced at 7.4% Cap Rate

Stable income history

Financials available with a signed Confidentiality Agreement

Attachments & Files

Cooperstown Area Market Trends

Listing Demographics for 805 Lenham Avenue Southwest Cooperstown, ND 58425

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population38284702
Population Median Age444444
Population by Age0-9 Yrs5 (13%)40 (14%)97 (13%)
10-19 Yrs5 (13%)34 (11%)83 (11%)
20-29 Yrs3 (7%)22 (7%)54 (7%)
30-39 Yrs5 (13%)33 (11%)81 (11%)
40-49 Yrs4 (10%)28 (9%)68 (9%)
50-59 Yrs4 (10%)29 (10%)73 (10%)
60-69 Yrs5 (13%)38 (13%)96 (13%)
70+ Yrs8 (21%)61 (21%)150 (21%)
Median HH Income$60,544$60,025$59,746
Total Household Income< 24K2 (13%)18 (15%)46 (15%)
25-49K4 (26%)29 (25%)73 (25%)
50-74K3 (20%)22 (19%)54 (18%)
75-99K2 (13%)13 (11%)32 (11%)
100-199K4 (26%)29 (25%)71 (24%)
200K+1 (6%)4 (3%)10 (3%)
Highest Education LevelNo Diploma42765
Diploma or GED857143
Some College642103
Assoc. Degree32050
Bachelors Degree53587
Higher Degree21741
Total Housing Units19141355
--Owner-Occupied1289222
--Renter-Occupied32665
Owner-Occupied Values< 100K541103
100-199K43075
200-299K1921
300-399K1616
400-499K024
500K+013
Total Working Age Population29217538
In Work Force18138341
Not In Work Force1179197
Workforce Employed18135334
Workforce Unemployed037
Civlian Workforce18138341
Military Workforce000
Total Households15115288
Family Households1076188
Non-Family Households540100
Married Couple862154
Other Family21333
Married w/Child32255
Single Male w/Child1820
Single Female w/Child026

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
North Dakota642,200+5672,591+23824,344+13931,506
Griggs County2,754-122,420-92,196-72,039

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Closest Commercial Airports
Airport Distance (mi)
Range Regional Airport (HIB) 247
Duluth International Airport (DLH) 282
Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 294
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