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    308 Railway St Enderlin, ND 58027

    For Sale
    $48,000

    Main Street retail space, ready to occupy.

    Property size:
    3,064 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property located at 308 Railway Street in Enderlin, North Dakota presents a unique investment opportunity. The building, boasting a rich history, offers 3,064 square feet of retail space, perfect for a variety of businesses. Constructed of durable concrete and brick, this solid structure includes a full basement, providing ample storage or expansion potential. The property is situated on a 0.07-acre lot, offering convenient access and visibility. Existing store fixtures are included in the sale, allowing for immediate occupancy and minimizing start-up costs. The building is well-maintained and features modern amenities such as a low-pressure furnace, air conditioning, and updated electrical systems. Excellent natural light brightens the interior. The property is ready for immediate signage, enhancing its visibility to potential customers. Priced significantly below assessed value at $48,000, this represents a compelling opportunity for a savvy investor or business owner. The property is being sold "as is." This is a rare chance to acquire a well-located, established retail space in a thriving community. Don't miss out on this chance to own a piece of Enderlin's history.

    Property Features for 308 Railway St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,064 SF
    Lot Size
    3,049 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Gym & Fitness Pharmacy Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Enderlin
    County
    Ransom
    State
    North Dakota
    Longitude
    -97.60521
    Latitude
    46.62682

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Main Street retail space, ready to occupy.
    Where is this commercial real estate located?
    The property is located at 308 Railway St Enderlin, ND.
    What is the asking price?
    The asking price for this property is $48,000.
    (701) 680-1115
    Request Owner's contact information
    308 Railway St Enderlin, ND 58027
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    Enderlin, ND 58027
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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
    308 Railway St Enderlin, ND 58027
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