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    390 Main St Forman, ND 58032

    For Sale
    $95,000

    Established Forman Bar & Grill - Great Opportunity

    Property size:
    3,776 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional turnkey business opportunity presents the chance to own the well-established No Name Bar and Grill, located at 390 Main Street S in Forman, North Dakota. The property boasts a substantial 3,776 square feet of space situated on a 0.94-acre lot, providing ample room for operations and potential expansion. The bar and grill enjoys a strong reputation and draws clientele from beyond the immediate Forman area, indicating a solid existing customer base and potential for continued growth. This is a rare chance to acquire a ready-to-operate business with established clientele. The sale price of $95,000 represents a significant investment opportunity in a thriving North Dakota community. The building's contents and inventory are available for separate purchase, offering flexibility to the new owner. Detailed financial information is available upon request for qualified buyers, allowing for a thorough assessment of the business's profitability and potential. This is an ideal opportunity for an experienced entrepreneur seeking a well-established business in a desirable location. Don't miss this chance to own a piece of Forman's vibrant commercial landscape. Serious inquiries only.

    Property Features for 390 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,776 SF
    Lot Size
    40,946 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel Pharmacy Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Forman
    County
    Sargent
    State
    North Dakota
    Longitude
    -97.63592
    Latitude
    46.10246

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    FAQs

    What type of property is this?
    Commercial real estate - Established Forman Bar & Grill - Great Opportunity
    Where is this commercial real estate located?
    The property is located at 390 Main St Forman, ND.
    What is the asking price?
    The asking price for this property is $95,000.
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    390 Main St Forman, ND 58032
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    Forman, ND 58032
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    390 Main St Forman, ND 58032
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