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120 Main St Elgin, ND 58533

For Sale
$125,000

Turnkey Commercial Property, Prime Location

Property size:
3,059 SF

Description

Added:
Feb 3, 2025
Days on Market:
306
This 3,059 square foot commercial building in Elgin, ND, is a fantastic opportunity for a savvy investor or entrepreneur. Located at 120 N Main Street, this property boasts a versatile layout ideal for various businesses. The current configuration includes a front bar area with seating and gaming options, a rear space equipped for pool tables, dart boards, and a stage, perfect for entertainment. Additional space encompasses an office area with laundry hook-ups and a shower, restrooms, an inventory area, and a basement offering ample storage. Recent upgrades significantly enhance the building's value and functionality. These include a new exterior electrical system (2020), a rebuilt cooler (2017), a new roof (2018), updated flooring (2021), and added insulation (2023). The property sits on a 0.08-acre lot, with the possibility of expansion onto an adjoining vacant lot available for purchase from the city of Elgin. This presents a unique opportunity to increase the property's footprint and cater to growing business needs. The seller is open to a contract for deed, offering flexible financing options. Alternatively, the building is available for lease at $2,000 per month plus utilities. Elgin's strategic location in a popular pheasant hunting area, near Lake Tschida, and on a well-traveled route for motorcyclists and car clubs ensures high visibility and potential for a thriving business. The city's vibrant community and regular events further contribute to a strong local market. This is a turnkey operation with significant upside potential.

Property Features for 120 Main St

General Information

Property type
Other commercial real estate
Square Feet
3,059 SF
Lot Size
3,485 SF

Building Details

Year Built
1920

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Pharmacy Building Supply Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Elgin
County
Grant
State
North Dakota
Longitude
-101.8457
Latitude
46.40299

FAQs

What type of property is this?
Commercial real estate - Turnkey Commercial Property, Prime Location
Where is this commercial real estate located?
The property is located at 120 Main St Elgin, ND.
What is the asking price?
The asking price for this property is $125,000.
More about this property
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