805 48th Avenue W, Williston, ND 58801
$18,500,000
Property Type:
Commercial Sale
Square Footage:
114,340
Lot Size (sq. ft.):
906,048
Status:
Active
Current Price:
$18,500,000
List Date:
1/08/2024
Last Modified:
1/08/2024
Description
CBRE in collaboration with eXp Realty are pleased to offer for sale or lease the former Baker Hughes facility in Williston, ND. Built in 2013, this institutional-quality asset sets the market for its best-in-class design and implements. With a natural barrier to entry for new product due to increases in construction costs, this asset gives the
opportunity to immediately accommodate operations in the epicenter of the Bakken Shale Formation at a significant discount to replacement cost.
Meticulously designed for functionality and effective operations, this property sets the standard for facilities in the Bakken.
Notable highlights for the subject property include but are not limited to:
+ 22,000 SF of Office Buildout with 92,340SF of Industrial Shop Space
+20.8 AC Fenced In Yard with 5.5 AC of Exterior Concrete Paving
+(7) Seven Craneways (5- 5 Ton/2-10 Ton)
+(6) 14'x16' Drive-Thru Bays
++ Ten total Drive-In Bays
- Two w/ 14' W x 16' H OH doors
- Four w/ 9' W x 16' H sliding doors
- Two w/ 60' W x 8' H bi-fold doors
+ Fully sprinkled building
+ Located w/ in Williston city limits
+ Passenger elevator & marble floors in office
+ Cafeteria w/ commercial kitchen
+ Employee locker rooms
+ Fenced-in yard w/ 5.5 acres of exterior concrete paving
+ Two ingress / egress points
+ Shop area includes:
- 8'' reinforced concrete floors
- Glass overhead doors w/ 40' canopies
- Radiant heat
- LED lighting
- Recessed testing pitsRecent acceleration in Bakken activity has driven demand for facilities, allowing users and capital partners the opportunity to operate immediately through acquiring this turn-key asset.
More Information MLS# 4011308
Location
Street Number: 805
Street Name: 48th
Street Type: Avenue
Street Direction Sfx: W
Area: Williston City
Sub Area: Williston City SW
State: ND
Zip Code: 58801
County: Williams
Contract Information
List Price: $18,500,000
Current Price: $18,500,000
List Price/SqFt: 161.8
Date Listed: 2024-01-03
Buyer Agent Broker Commission: 2.5
Buyer Broker Type: %
Price Type: Sale or Lease
Lease Terms: Negotiable
Legal, Tax and Other Information
Taxes: 129302
Tax Year: 2022
Pending Specials: No
Zoning: M1 Light Industrial
Parcel ID: 01-797-54-01-20-025
Legal Description: SUBLOTS 3 & 4 IN NE SEC 20 SUBLOTS WILLISTON T154 R101 #738831, 738228
General Property Information
Property Sub Type: Industrial
Sub Type Details: Building Only
Lot SqFt: 906048
Lot Acres: 20.8
Lot Dimensions: irr
Year Built: 2013
Finished Above Grade SqFt: 11000
Finished Below Grade SqFt: 103340
Total Finished SqFt: 114340
Accessibility Features: Yes
Fee: No
Remarks
Public Remarks: CBRE in collaboration with eXp Realty are pleased to offer for sale or lease the former Baker Hughes facility in Williston, ND. Built in 2013, this institutional-quality asset sets the market for its best-in-class design and implements. With a natural barrier to entry for new product due to increases in construction costs, this asset gives the
opportunity to immediately accommodate operations in the epicenter of the Bakken Shale Formation at a significant discount to replacement cost.
Meticulously designed for functionality and effective operations, this property sets the standard for facilities in the Bakken.
Notable highlights for the subject property include but are not limited to:
+ 22,000 SF of Office Buildout with 92,340SF of Industrial Shop Space
+20.8 AC Fenced In Yard with 5.5 AC of Exterior Concrete Paving
+(7) Seven Craneways (5- 5 Ton/2-10 Ton)
+(6) 14'x16' Drive-Thru Bays
++ Ten total Drive-In Bays
- Two w/ 14' W x 16' H OH doors
- Four w/ 9' W x 16' H sliding doors
- Two w/ 60' W x 8' H bi-fold doors
+ Fully sprinkled building
+ Located w/ in Williston city limits
+ Passenger elevator & marble floors in office
+ Cafeteria w/ commercial kitchen
+ Employee locker rooms
+ Fenced-in yard w/ 5.5 acres of exterior concrete paving
+ Two ingress / egress points
+ Shop area includes:
- 8'' reinforced concrete floors
- Glass overhead doors w/ 40' canopies
- Radiant heat
- LED lighting
- Recessed testing pitsRecent acceleration in Bakken activity has driven demand for facilities, allowing users and capital partners the opportunity to operate immediately through acquiring this turn-key asset.
Status Change Info
Status: Active
Building Info
Manufacturing Side Wall Height: 28
Manufacturing SqFt: 92340
Office Side Wall Height: 18
Office SqFt: 23000
Property Features
Business Type: Manufacturing; Office Space; Wholesale; Other
Building Info: Overhead Doors
Cooling: Central Air
Heating: Radiant; Radiant Floor
Construction Materials: Concrete; Steel Siding
Roof: Metal
Flooring: Sealed Concrete
Foundation: Concrete Perimeter
Basement: None
Exterior Features: Other
Fencing: Full
Water Source: Rural
Sewer: Septic System
Amenities: Elevator(s)
Listing Terms: 1031 Exchange; Cash; Conventional
Accessibility Features: Accessible Common Area; Accessible Doors; Accessible Elevator Installed; Accessible Entrance
Lot Features: Level; Lot - Owned; Sprinklers In Front; Sprinklers In Rear
Listing Office: eXp Realty
Office Phone: 612-751-9303
Last Updated: January - 08 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.