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Bar and Event Venue

11 Main, McLeod, ND 58057

For Sale
$595,000

Operating hospitality property with dining, commercial kitchen, event space, patio, and supplemental gaming and rental income sources.

Property Size5,808 SF
Lot Size0.50 Acres
Price / SF$102.44
Days on Market105

Property Features for 11 Main

General Information

Standard status Active
Size 5,808 SF
Lot size 0.50 Acres
Property subtype Commercial

Restaurant

Patio Yes
Liquor License Yes

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $2,372

Amenities

firepit
Garage: Off Street, Parking Lot
Style: Main Floor Unit
0.00
Main Floor Unit
Off Street, Parking Lot

Building Details

Year Built 2012
Listing Agency: RE/MAX Now - VC
Listed By: James Jensen · License ND #8748
Source: Clearwaterproperties
Added: Aug 1 Changed: Nov 12 Last Checked: Nov 12 at 6:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Now - VC

Rey
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Investment Insights

Based on property information with market context.

The property combines an operating bar and grill with real estate, providing more than 5,800 square feet of hospitality and event facilities. The layout includes a bar and dining area, commercial kitchen, attached event center, and dedicated liquor storage. A patio with firepit adds outdoor gathering and dining space. The original bar dates to 2012, while the event center was added in 2016 and the liquor room in 2022.

Located at 11 Main Avenue in McLeod, North Dakota, the offering occupies a lot measuring over half an acre. Revenue sources described for the operation include food and beverage sales, gaming machines, event rentals, and an ATM. Liquor licensing, gaming arrangements, and other operating agreements remain subject to applicable approvals and transfer requirements.

Key Highlights

  • More than 5,800 sq ft of bar, dining, kitchen, event, and storage space
  • Business and real estate offered together at 11 Main Avenue, McLeod, ND 58057
  • Event center added in 2016; liquor room added in 2022

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Silver Prairie Saloon Bar & Pub

Suggested Use

Top Pick Building Supply Butcher Big Box & Wholesale Store Grocery & Convenience Store Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby
Well-served
Demand for This Use

Demographics for 58057, ND

132
Population
111
Households
1.2
Avg Household Size
47
Median Age
19%
College-Educated
97%
High-School Grad
87.1 sq mi
ZIP Area
2
Density / Sq Mi
$49,327
Median Household Income
$27,589
Median Earnings
$112,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Silver Prairie Saloon — 11 Main Ave, McLeod, ND 58057
  • Sandune Saloon — McLeod, ND 58057

Frequently Asked Questions

What type of property is this?
Bar & Pub - Operating hospitality property with dining, commercial kitchen, event space, patio, and supplemental gaming and rental income sources.
Where is this bar & pub located?
The property is located at 11 Main McLeod, ND.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: More than 5,800 sq ft of bar, dining, kitchen, event, and storage space; Business and real estate offered together at 11 Main Avenue, McLeod, ND 58057; Event center added in 2016; liquor room added in 2022
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