Building Details

Building Size 6,272 SF

Year Built 1970

Stories 1

Listing Agency: Pifer's Realty LLC a***@pifers.com Show Phone

Listed By: Abbey Messer · License #103000 Show Phone

Source: Ivyrealestategroup

Added: May 18 Changed: Aug 30 Last Checked: Aug 20 at 6:49AM

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Investment Insights

Based on property information with market context.

This established grocery operation occupies a 6,272-square-foot building, including approximately 4,000 square feet of retail area. The property has received multiple updates, including newer freezers and coolers, replacement flooring, exterior stonework, updated checkout tills, and a dedicated beer and liquor room supported by a liquor license. A food-grade kitchen provides space for meat cutting, baked goods, and prepared take-and-cook meals.

The store is located at 113 Mitchell in Steele, North Dakota, along Interstate 94 and approximately 40 miles east of Bismarck. Steele has a population of around 700 and serves as the Kidder County seat, with customer activity connected to county offices, schools, local businesses, interstate travelers, and the surrounding agricultural area.

Key Highlights

• 6,272 SF grocery facility with approximately 4,000 SF of retail space
• Updated freezers, coolers, checkout tills, flooring, and exterior stonework
• Dedicated beer and liquor room with liquor license

Property Analytics

Current Use

K & L SuperValu Grocery & Convenience Store Steele Grocery Inc. Grocery & Convenience Store

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Bakery Pharmacy Kitchen & Bath Showroom Cafe & Coffee Shop

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

133

Businesses Nearby

28k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Shell Shops & Services

24,401 visits/mo 0.5 miles

Dollar General Shops & Services

2,766 visits/mo 0.5 miles

First Community Credit Union Shops & Services

1,000 visits/mo 0.1 miles

Demographics for 58482, ND

938

Population

512

Households

1.8

Avg Household Size

44

Median Age

26%

College-Educated

95%

High-School Grad

203.8 sq mi

ZIP Area

5

Density / Sq Mi

$61,705

Median Household Income

$46,106

Median Earnings

$786

Median Rent

$168,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Similar Off Market Nearby

• K & L SuperValu — 113 Mitchell Ave S, Steele, ND 58482

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Established retail operation includes refreshed refrigeration, prepared-food capability, and licensed beer and liquor sales.

Where is this grocery and convenience store located?

The property is located at 113 Mitchell Avenue S Steele, ND.

What are key features of this property?

This property features: 6,272 SF grocery facility with approximately 4,000 SF of retail space; Updated freezers, coolers, checkout tills, flooring, and exterior stonework; Dedicated beer and liquor room with liquor license