2041 40th Avenue SE # 100
Mandan, ND, 58554 $ 229,900
Bedrooms-- Baths-- Sq 900 Monthly Estimate*
$ 1,416
for $229,900. This 900 square foot building was built in 2016 on a lot size of 0.05.
Opportunity awaits in this well-maintained 900 sq. ft. light commercial property located in the heart of Lakewood, featuring high-visibility frontage on 40th Avenue and ample parking for customers and staff. Built in 2016 and owned by the original owner, this versatile space is in excellent condition and ready for its next chapter. The front 600 sq. ft. retail or service area includes a built-in serving counter, plumbing for an ice machine, a handwashing sink, a three-compartment sink, and ample cupboard space, making it ideal for beverage service, boutique retail, or any customer-facing business. The layout offers an inviting front entrance and flexible floor plan to meet a wide variety of business needs. The back portion of the unit features a large private office with a dedicated storage closet, a mechanical room, and a spacious half bathroom—perfect for managing day-to-day operations in comfort and privacy. Located in the thriving Lakewood development, this property benefits from its position along the busy 40th Avenue corridor, ensuring steady traffic exposure and excellent visibility for signage and branding. Surrounded by growing residential neighborhoods, marinas, restaurants, and other small businesses, this space is in one of Mandan's most active and expanding commercial hubs. Zoned for light commercial use, this space is perfect for small business owners, coffee shop operators, retail boutiques, wellness services, or professional office use. Whether you're starting fresh or expanding, this move-in-ready space offers a clean, modern environment with built-in infrastructure and plenty of opportunity for customization. Don't miss your chance to own a flexible, well-located commercial space in one of Mandan's most desirable business corridors—schedule your showing today! Seller is a licensed REALTOR® in the state of North Dakota. (Buyer and Buyer's Agent to verify all information.)
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Connected Sewer Connected Water Connected Trash Pickup - Private Cable Available Electricity Connected
Possession Close Of Escrow
Year Built 2016
Electric 220 Volts Circuit Breakers
Levels One
Property Subtype Commercial
Tax Year 2024
Parcel Number 65-6104392
Business Type Restaurant Retail
Accessibility Accessible Common Area Visitor Bathroom
County Morton
Property Type Commercial Sale
Attached Garage N
Garage Y/N N
Building Features Fireplace(s) High Traffic Location High Visibility
Status Active
City Mandan
MLS Area Mandan City
Lot Size Units Acres
Lot Size Square Feet 2189.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2547.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Mandan City
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description LAKEWOOD COMMERCIAL PARK 4TH LOT:1 BLK:1 UNIT 2101 B-3A BUILDING 2101 B 40TH AVE COMMERCIAL CONDOMINIUMS
Senior Community None
New Construction None
Unit 100
Water Body Access Y/N None
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InteriorBasement None
Flooring Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 900.0
Below Grade Finished Area 0.0
Total Baths 0
Heating-Forced Air True
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ExteriorExterior Amenities Lighting
Fencing None
Parking Features Parking Lot On Street Off Street
Lot Features See Remarks
Water Source Public
Lot Size Area 0.05
Spa N
Building Area Total 900.0
Lot Dimensions 900 sq Feet
Lot Size Acres 0.05
Road Surface Type Paved
Road Frontage Type City Street Paved Road
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByPlatinum Realty, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,416
- Monthly Property Taxes
- $212
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Mandan, ND
Average List Price $478,470
Percent of Sale Price 108%
About Mandan, ND 21,147 Population
26% Since 2002
$ 64,341 Median Income
39.39 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2403247 Elementary School
2403252 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/23/2026 | $229,900 | -4.17% | Price Down |
| 2/20/2026 | $239,900 | -5.88% | Price Down |
| 12/23/2025 | $254,900 | | Listed Price |