Businessman and construction pro Chad Halvorson said he bought from a bank in mid-June the building at 705 N. Main St. Shortly after that he began making improvements, and people became curious about what's happening at the building formerly known as Borst Auto.
"Really what we're doing here is a total remodel inside and out," said Halvorson. "A total gut job."
Halvorson owns the building just south of it at 703A and 703B N. Main St. that new tenants now occupy after he remodeled the space.
He plans for the property at 705 to gain an updated look similar to its neighboring building, which has a neutral-colored stucco finish and metal siding in front.
"It'll all be new and fresh," he said.
Halvorson said he began thinking about buying the Borst building after seeing a fair amount of prospective tenants express interest in the space next door. He said his experience in the construction industry makes it easy to do major modifications.
The process of leasing the space next door revealed that most business owners seemed to be seeking about 1,000-square feet of space. Many commented that 1,200-square feet might be "too much."
The building at 705 N. Main has 2,100 square feet, and Halvorson said though they'll completely remodel the building inside and out, he won't yet finish the inside with walls and doors. People looking for space will have a choice to either occupy the whole building or a 1,050-square-foot space.
Halverson likes the high-profile North Main Street location and thinks the new-but-unfinished area offers, to a certain extent, build-to-suit options for those seeking space to lease.
He will work with any new occupants on how to finish it, whether the building needs to house a retail, office or restaurant business.
Halvorson said he plans to patch the parking lot and clean up outside the building as well, including behind it where employee parking will be. Someday, he may even add on to the building.
"As a neighboring landowner, I can have a part in cleaning up the area," he said, agreeing that the Main Street spot has needed attention for a long time.
Halvorson said anyone interested in leasing space inside the building at 705 N. Main should call him at 715-821-8065.