Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1001 2Nd Ave Wahpeton, ND 58075

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $135,000

    Established Coffee Shop - Turnkey Operation

    Property size:
    11,111 SF

    Property Features for 1001 2Nd Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    11,111 SF

    We can help!

    Listing Contact
    Sherry Bell

    Listing Agent: Sherry Bell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional investment opportunity presents a thriving, turnkey coffee shop located at 1001 2nd Avenue N in Wahpeton, North Dakota. Boasting 11,111 square feet of space, this well-established business enjoys a strong reputation for high-quality coffee, lattes, and an array of delicious snacks and pastries. The sale includes all equipment, appliances, furniture, and dГ©cor, ensuring a seamless transition for the new owner. A comprehensive inventory list of included items is available upon request. This is a perfect opportunity for an entrepreneur seeking a ready-made business with a proven track record and loyal customer base. The business is currently operating successfully and is poised for continued growth. The sale price is $135,000. This is a rare chance to acquire a profitable, established business in a desirable location. The property is situated on a 0-acre lot, offering ample space for operations. The business is currently operating and ready for immediate ownership transfer. Serious inquiries only. Don't miss this chance to own a piece of Wahpeton's thriving business community. Contact us today to schedule a viewing and learn more about this exciting opportunity.
    Location Intelligence

    Current Use by Public Records

    Dakota Chiropractic Clinic Alternative Medicine Practice Jacklitch M D ... Alternative Medicine Practice Mitskog Chiropractic Alternative Medicine Practice Dakota Coffee Co Cafe & Coffee Shop Dr. Alisa Mitskog Alternative Medicine Practice

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Wahpeton
    County
    Richland
    State
    North Dakota
    Longitude
    -96.6147
    Latitude
    46.2647

    Nearby Similar for Sale

    • $170,000
      0.13 Acres

      Downtown Wahpeton Commercial Opportunity

      Prime commercial property with retail space and apartment rental potential.
      312 Dakota Ave, Wahpeton, ND 58075
      View Details
    • Contact for pricing
      2,500 SF

      Wahpeton Commercial Space For Lease

      High-visibility retail/office space available.
      502 Dakota Ave, Wahpeton, ND 58075
      View Details
    • $250,000
      6,000 SF

      Wahpeton Commercial Building - Great Potential

      6,000 sq ft, 0.39 acres, cold storage
      805 4Th Ave, Wahpeton, ND 58075
      View Details
    • $200,000
      10,271 SF

      Wahpeton Retail Property - $200K

      Prime retail space, 10,271 SF, 4 drive-thrus
      501 Dakota Ave, Wahpeton, ND 58075
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Established Coffee Shop - Turnkey Operation
    Where is this commercial real estate located?
    The property is located at 1001 2Nd Ave Wahpeton, ND.
    What is the asking price?
    The asking price for this property is $135,000.
    (701) 642-4700
    Request Owner's contact information
    1001 2Nd Ave Wahpeton, ND 58075
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1001 2Nd Ave
    Wahpeton, ND 58075
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1001 2Nd Ave Wahpeton, ND 58075
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Sherry Bell
    (701) 642-4700
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!