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Knife River
Corporation Building

1915 North Kavaney Drive
$495,000

Nice central location on this quality brick building.  Easy access for employees, clients & customers to Washington Street arterial and the State Capitol Complex.  11,426 square feet on 3 levels.  

Great Opportunity for...

  • Corporate Users
    Professional Office Use
         - Law Firm
         - Accounting
    Association Headquarters
    Medical Clinic
    Investment

PROPERTY DESCRIPTION

LEGAL
North 43.54' of Lot 11, all of Lot 12 and the South 13' of Lot 13, Block 7, Replat of Homan Acres
LOT SIZE
125.54' X 120' or 15,065 square feet
BUILDING SIZE
Main Floor                    5,458 square feet
Second Floor                2,401 square feet
Basement                      3,567 square feet

Total                           11,426 square feet

YEAR BUILT
Built in 1967 with additions in 1978 and 1984
ZONING
RT zoning allows general office uses, medical & financial uses or group home use
HEATING & COOLING
Forced air natural gas heat
Central air conditioning
ROOF
New asphalt rock roof in 2001 installed by Twin City Roofing with warranty
FEATURES
All brick low maintenance building

17 on-site parking spaces in concrete parking lot - additional spaces leased across the street at Northbrook Mall

T-1 line high speed internet connections

2 vaults

Security system

Restrooms
     - 2 on main floor
     - 2 on 2nd floor
     - 2 in basement

Lunch room & kitchenette

Large newly renovated video conference room / training center in the lower level

Two stairways allow access to lower level - also deep access windows in lower level

Nice combination of private offices & open areas for flexibility

OFFICE BUILDING IMPROVEMENTS
1971 Inside remodeling - original building $   31,184
1975 Remodel basement - original building $   21,628
1978 Build north side addition $  337,769
1980 Finish basement - north addition $   21,812
1980 Update basement - original building $     9,351
1981 Add vault - original building $   39,610
1981 Add Halon fire suppression system to vault - original building $     5,445
1984 Build addition to original building basement and main floor $ 217,021
1990 Replace furnace - original building $   30,000
1991 Replace carpeting $   42,116
1997 Replace roof - original building $   15,931
1999 Recaulk office building $     1,053
2001 Date / telephone wiring update $   12,644
2002 IT office remodel $    2,757
2002 Break room improvements $   18,608
2003 Update basement video conference room $   30,000
BUILDING EXPENSES
Expenses
Monthly Yearly
Electrical $    408 $   4,896
Gas $ 1,502 $ 18,024
Water $    350 $   4,200
Parking Rental $    232 $   2,784
Garbage Removal $      84 $   1,008
$ 2,602 $ 31,224
Taxes
     Estimated taxes for 2003 are $13,620
Special Assessments
     None as of September 2003

For additional information contact Bill Daniel, CCIM

The above information is from sources believed reliable but should not be relied upon without verification.

Properties for Sale/Lease Property Information Pictures

Bill Daniel  Resume Community Information Sold/Leased  Properties & Client References Contact Bill Daniel Home

304 East Rosser Avenue Suite 200 Bismarck, North Dakota 58501
Telephone: (701) 223-8488 Fax: (701) 223-8860