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    513 Main St Hebron, ND 58638

    For Sale
    $145,000

    Thriving bar, updated equipment, strong community ties.

    Property size:
    3,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional opportunity presents the chance to acquire a well-established full-service bar located in the heart of Hebron, North Dakota. The property, situated at 513 Main Street, encompasses a 3,200 square foot building on a 0.07-acre lot. The bar is a beloved local gathering place, known for its friendly atmosphere and strong community connections. Recent upgrades include a modern walk-in cooler, a new furnace and air conditioning unit, and a new water heater, ensuring efficient and comfortable operation. The business currently operates with minimal owner involvement (95% absentee ownership) and benefits from a dedicated and long-term staff. The sale includes the building, the established business, and all existing inventory. This presents a unique investment opportunity with significant upside potential. The bar's current success provides a solid foundation, while opportunities exist to expand services, such as hosting community events or expanding food and gaming options. This is an ideal acquisition for an entrepreneur seeking a turn-key operation in a close-knit community, or for someone looking to build upon an existing successful business model. The asking price for this turnkey operation is $145,000.

    Property Features for 513 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,200 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1914
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Kitchen & Bath Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Hebron
    County
    Morton
    State
    North Dakota
    Longitude
    -102.0475
    Latitude
    46.90041

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving bar, updated equipment, strong community ties.
    Where is this commercial real estate located?
    The property is located at 513 Main St Hebron, ND.
    What is the asking price?
    The asking price for this property is $145,000.
    Request Owner's contact information
    513 Main St Hebron, ND 58638
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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
    513 Main St Hebron, ND 58638
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