103 W 1st Ave N Cavalier, ND 58220
Estimated payment $980/month
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.
Property Details
Property Type
- Other
Est. Annual Taxes
- $624
Year Built
- Built in 1936
Utilities
- Cistern
Listing and Financial Details
- Assessor Parcel Number 271530000
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/22/2025 05/22/25 | For Sale | $175,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $50,000 | None Available | |
Warranty Deed | $34,500 | None Available |
Source: Grand Forks Area Association of REALTORS®
MLS Number: 25-742

APN: 271530000
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