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    72 Main St Garrison, ND 58540

    Sponsored
    For Sale
    $175,000

    Thriving Business, Historic Charm, Prime Location

    Property size:
    1,660 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    The Ye Olde Malt Shoppe, located at 72 Main Street in Garrison, North Dakota, presents a unique opportunity to acquire a well-established and profitable business. This iconic establishment, a beloved local gem, boasts a classic retro design and a welcoming atmosphere that has attracted both locals and tourists for years. The 1,660 square foot building sits on a 0.15-acre lot in a prime Main Street location. The business specializes in hand-dipped ice cream, malts, shakes, and classic diner fare, enjoying a loyal customer base. The interior features a cozy dining area and an efficient kitchen, optimized for high-volume service while maintaining a friendly ambiance. Outdoor seating is available, perfect for enjoying treats during warmer months. Additional parking is provided by an included rear lot. The building is well-maintained, featuring a new roof installed in 2023. This turnkey operation offers a blend of nostalgia, community connection, and strong income potential, making it an ideal investment for both experienced restaurateurs and first-time business owners. The asking price for this exceptional property is $175,000.

    Property Features for 72 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,660 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1927
    Property Profile Location Intelligence

    Current Use by Public Records

    Ye Olde Malt ... American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Garrison
    County
    McLean
    State
    North Dakota
    Longitude
    -101.4171
    Latitude
    47.6521

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving Business, Historic Charm, Prime Location
    Where is this commercial real estate located?
    The property is located at 72 Main St Garrison, ND.
    What is the asking price?
    The asking price for this property is $175,000.
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    72 Main St Garrison, ND 58540
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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
    72 Main St Garrison, ND 58540
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