$175,000

103 W 1st Ave N Cavalier, ND 58220

Estimated payment $980/month

Total Views 1,639
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime Income-Producing Property in the Heart of Cavalier, ND - Where Historic Charm Meets Modern Convenience

This is a rare opportunity to own a beautifully updated 1930s commercial building in the vibrant center of Cavalier, North Dakota. Boasting timeless architectural character blended with contemporary upgrades, this versatile property is perfectly positioned to generate consistent rental income while offering a variety of potential uses for both commercial and residential purposes. Ideally located within walking distance to local shops, restaurants, and community amenities, the building enjoys excellent visibility and foot traffic, enhancing its commercial appeal.

Main Level - Thriving Commercial Space

Currently leased to a successful nutritional tea and shake shop, the main floor combines vintage charm with modern functionality. Features include: a classic vintage counter ideal for customer service, a three-compartment stainless steel commercial sink, a dedicated employee washroom with a separate patron bathroom, tasteful new flooring throughout and upgraded electrical, plumbing, HVAC, windows, doors, and sewer systemall completed within the last few years.

Upper Level - Fully Renovated Residential Apartment

Accessible through a private entrance, the upstairs apartment has been thoughtfully renovated and comes fully furnished with modern finishes throughout. Two bedrooms, one full bathroom and a bright open living space is perfect for long term tenants or vacation rentals.

Lower Level - Versatile Basement with Soundproof Studio

The full basement includes a professionally soundproofed studioperfect for podcasts, audio or video recording, or a private office. Additional space offers a lot of storage and an area to watch TV, read, or simply relax. Whether you're an investor seeking solid returns or an entrepreneur looking for a unique live/work opportunity, this property delivers charm, location, and profitability in one outstanding package.

Listing Agent

Sara Hinkle

Watson Real Estate License #7757 Listed on: 05/22/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $624

Year Built

  • Built in 1936

Utilities

  • Cistern

Listing and Financial Details

  • Assessor Parcel Number 271530000

Property Details

Property Type

Other

Est. Annual Taxes

$624

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Lot Size: 0
  • Property Sub Type: Business
  • Prop. Type: Commercial Sale
  • Year Built: 1936
  • Special Features: None

Utilities

  • Utilities: Electricity
  • Utilities Gas: Natural
  • Utilities Sewer: Public Sewer
  • Water: Cistern

Lot Info

  • Parcel #: 271530000

Tax Info

  • Tax Annual Amount: 623.64

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $702 $26,680 $1,694 $24,986
2023 $678 $26,680 $1,694 $24,986
2022 $631 $26,680 $1,694 $24,986
2021 $614 $25,410 $1,614 $23,796
2020 $674 $24,433 $1,552 $22,881
2019 $646 $22,952 $1,552 $21,400
2018 $666 $23,633 $1,552 $22,081
2017 $602 $22,087 $1,451 $20,636
2016 $594 $21,238 $1,395 $19,843
2015 $562 $0 $0 $0
2014 $569 $0 $0 $0
2013 $552 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $175,000 -- --
Source: Grand Forks Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $50,000 None Available
Warranty Deed $34,500 None Available
Source: Public Records

Source: Grand Forks Area Association of REALTORS®

MLS Number: 25-742

Grand Forks Area Association of REALTORS®

APN: 271530000