$18,500,000
805 48th Avenue W
Williston, ND 58801
MLS# 4017358
114340 sqft


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Property 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. This facility is available for lease and offers the ability for multiple user occupancy with multiple breakout options available. 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 pits Recent 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.

Details
Maps
Contract Information
List Price/SqFt: 161.8
Price Type: Sale or Lease
Lease Terms: Negotiable
List Price: $18,500,000
Current Price: $18,500,000
Date Listed: 2025-01-05
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. This facility is available for lease and offers the ability for multiple user occupancy with multiple breakout options available. 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 pits Recent 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.
Location
Sub Area: Williston City SW
Street Number: 805
Street Name: 48th
Street Type: Avenue
Street Direction Sfx: W
Area: Williston City
State: ND
Zip Code: 58801
County: Williams
Legal, Tax and Other Information
Taxes: 133627
Tax Year: 2023
Specials Installment: 0
Specials Balance: 0
Pending Specials: No
Zoning: M1 Light Industrial
Parcel ID: 01-797-54-01-20-025 & 01-797-54-01-20-030
Legal Description: SUBLOTS 3 & 4 IN NE SEC 20 SUBLOTS WILLISTON T154 R101 #738831, 738228 (see agent remarks)
General Property Information
Lot SqFt: 874685
Lot Acres: 20.08
Sub Type Details: Building Only
Lot Dimensions: irr
Total Unfinished SqFt: 0
Finished Above Grade SqFt: 12170
Finished Below Grade SqFt: 102170
Accessibility Features: Yes
Fee: No
Property Sub Type: Commercial
Year Built: 2013
Total Finished SqFt: 114340
Business Type
Manufacturing: 1
Office Space: 1
Wholesale: 1
Other: 1
Basement
None: 1
Building Info
Manufacturing Side Wall Height: 28
Manufacturing SqFt: 92340
Office Side Wall Height: 18
Office SqFt: 23000
Overhead Doors: 1
Roof
Metal: 1
Cooling
Central Air: 1
Heating
Radiant: 1
Radiant Floor: 1
Construction Materials
Concrete: 1
Steel Siding: 1
Flooring
Sealed Concrete: 1
Foundation
Concrete Perimeter: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Exterior Features
Other: 1
Fencing
Full: 1
Lot Features
Level: 1
Lot - Owned: 1
Sprinklers In Front: 1
Sprinklers In Rear: 1
Water Source
Rural: 1
Sewer
Septic System: 1
Accessibility Features
Accessible Common Area: 1
Accessible Doors: 1
Accessible Elevator Installed: 1
Accessible Entrance: 1
Amenities
Elevator(s): 1
Status Change Info
Status: Active
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 - 07 - 2025

Information deemed reliable but not guaranteed.