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403 Dakota Ave 5,500 SF 100% Leased Retail Building Wahpeton, ND 58075 $688,234 CAD ($125.13 CAD/SF)



Investment Highlights
- Downtown Wahpeton location within an established commercial district.
- Elevator service provides access between floors.
- Separate HVAC and mechanical systems serve multiple levels.
- Ground-floor commercial area with upper-level office space.
- Sprinkler systems are installed throughout each floor.
- Third-floor area offers additional expansion potential.
Executive Summary
403 Dakota Avenue presents an opportunity to acquire a multi-level commercial property in downtown Wahpeton. The building offers commercial space on the ground floor, office space with restrooms on the second floor, additional expansion potential on the third floor, and a basement area accessible by stairs. The configuration supports a variety of owner-user, redevelopment, or investment strategies while providing flexibility for future occupancy plans.
Located within Wahpeton's established downtown district, the property benefits from proximity to local businesses, services, government offices, and daily commercial activity. Its downtown setting supports convenient access for customers, employees, and visitors while positioning the asset within one of the community's primary commercial corridors. The building's historic character, combined with its existing infrastructure and multiple levels of usable space, creates opportunities for adaptive reuse, mixed-use occupancy, or continued commercial operation.
Operational features include sprinkler systems serving each floor, elevator access between levels, and separate mechanical rooms and HVAC systems serving the first and second floors. These features may support multi-tenant occupancy or phased redevelopment plans. Investors and owner-users seeking a downtown commercial asset with existing improvements and future repositioning potential will find a versatile opportunity at this location.
Located within Wahpeton's established downtown district, the property benefits from proximity to local businesses, services, government offices, and daily commercial activity. Its downtown setting supports convenient access for customers, employees, and visitors while positioning the asset within one of the community's primary commercial corridors. The building's historic character, combined with its existing infrastructure and multiple levels of usable space, creates opportunities for adaptive reuse, mixed-use occupancy, or continued commercial operation.
Operational features include sprinkler systems serving each floor, elevator access between levels, and separate mechanical rooms and HVAC systems serving the first and second floors. These features may support multi-tenant occupancy or phased redevelopment plans. Investors and owner-users seeking a downtown commercial asset with existing improvements and future repositioning potential will find a versatile opportunity at this location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,500 SF
Year Built
1971
Price
$688,234 CAD
Price Per SF
$125.13 CAD
Percent Leased
100%
Building Height
3 Stories
Zoning
Commercial
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 50000112950000 | Improvements Assessment | $340,325 CAD |
| Land Assessment | $8,638 CAD | Total Assessment | $348,963 CAD |
Property Taxes
Parcel Number
50000112950000
Land Assessment
$8,638 CAD
Improvements Assessment
$340,325 CAD
Total Assessment
$348,963 CAD
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403 Dakota Ave
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