Restaurant Suite with Drive-Up
For Sale
Contact for pricing
1005 Main Street S, Watford City, ND 58854
The ground-level space includes a kitchen and customer access through a dedicated drive-up window.
Property Size1,919 SF
Price / SF$2.08
Days on Market46
Property Features for 1005 Main Street S
General Information
Standard status
Active
Size
1,919 SF
Property subtype
Commercial
Additional Details
Floor
Ground
Drive-Thru
Yes
Building Details
Year Built
2014
Stories
2
Listing Agency:
eXp Realty
(612) 751-9303
Listed By:
Erik C Peterson · License #9328
(701) 369-3949
Source:
Gabrielblackre
Added: Sep 17
Changed: Oct 31
Last Checked: Oct 31 at 2:38PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 101 offers 1,919 square feet on the ground floor of Watford Center, a two-story commercial building completed in 2014. The space includes a kitchen and a drive-up window, features suited to food and beverage operations. Its ground-floor placement provides direct customer access, and the window supports service without requiring customers to enter the suite.
The property is located at 1005 Main Street S in Watford City, North Dakota. The building is identified as Class A commercial space.
The property is located at 1005 Main Street S in Watford City, North Dakota. The building is identified as Class A commercial space.
Key Highlights
- 1,919 SQ FT ground‑floor suite
- Kitchen and drive‑up window
- Located within a two‑story commercial building completed in 2014
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,589
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,780
$231.8K
Cap Rate 7%
$165,557
$165.6K
Cap Rate 9%
$128,767
$128.8K
Market Conditions
NOI Build-Up for 1,919 SF
Gross rent
$25.3K $13.20/SF
− Vacancy
−$9.9K −$5.15/SF
EGI
$15.5K $8.05/SF
− OpEx
−$3.9K −$2.01/SF
NOI
$11.6K $6.04/SF
Area
McKenzie County, ND
Vacancy
39.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,780
Cap Rate 7%
$165,557
Cap Rate 9%
$128,767
Alternative Uses
Best Use
Specialty Retail
$165.6K
$144.9K – $193.2K
NOI $11,589 @ 7.0% cap · market cap 289.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$456.3K
$399.3K – $532.4K
NOI $31,944 @ 7.0% cap · market cap 798.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
142
Businesses Nearby
41k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 22%
Home Improvements & Furnishings 17%
Electronics 2%
Holiday Station Store
Shops & Services
9,389 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
7,079 visits/mo
0.4 miles
Dollar Tree
Shops & Services
5,972 visits/mo
0.3 miles
Dollar General
Shops & Services
5,246 visits/mo
0.5 miles
Hardee's
Dining
4,940 visits/mo
0.1 miles
Demographics for 58854, ND
9,142
Population
4,941
Households
1.9
Avg Household Size
31
Median Age
24%
College-Educated
93%
High-School Grad
666.1 sq mi
ZIP Area
14
Density / Sq Mi
$88,234
Median Household Income
$61,278
Median Earnings
$1,212
Median Rent
$387,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - The ground-level space includes a kitchen and customer access through a dedicated drive-up window.
Where is this drive through restaurant located?
The property is located at 1005 Main Street S Watford City, ND.
What are key features of this property?
This property features: 1,919 SQ FT ground‑floor suite; Kitchen and drive‑up window; Located within a two‑story commercial building completed in 2014
