Listing Agency: REAL Show Phone

Listed By: Shayla Riggins · License #10140 Show Phone

Source: Trademarknd

Added: Jun 30 Changed: Aug 13 Last Checked: Sep 4 at 7:04AM

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Investment Insights

Based on property information with market context.

This turn-key property is currently configured for a restaurant/bar and operates with an existing tenant. The tenant is willing to sign a long-term lease, though the property is presently operating on a month-to-month basis. In addition to the restaurant/bar setup, the property includes 12 RV sites that are permitted and currently rentable, along with a trailer home in very good condition that is also permitted to be leased on-site.

The property has Main Street frontage, supporting visibility for walk-in and drive-by traffic.

Income is generated from the combination of the restaurant/bar operation, permitted RV sites, and the permitted trailer home, with projected gross monthly income potential of approximately $15,000 per month.

Key Highlights

• Main Street frontage property set up for restaurant/bar use
• 12 permitted RV sites currently rentable
• Permitted trailer home on‑site in very good condition, also permitted to be leased

Property Analytics

Property Profile

Current Use

Mobile home & RV ...

Suggested Use

Top Pick HVAC Service Electrical Service Plumbing Service Auto Parts Store Garden Center Pharmacy

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

51

Businesses Nearby

Explore this area Business Placement

Demographics for 58854, ND

9,142

Population

4,941

Households

1.9

Avg Household Size

31

Median Age

24%

College-Educated

93%

High-School Grad

666.1 sq mi

ZIP Area

14

Density / Sq Mi

$88,234

Median Household Income

$61,278

Median Earnings

$1,212

Median Rent

$387,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this mobile home & rv parks located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Set up for restaurant/bar use with Main Street frontage, plus 12 permitted RV sites and a permitted trailer home.

Where is this mobile home & rv park located?

The property is located at 2008 Main Street Watford City, ND.

What is the lease rate?

The lease rate is $1,300,000.

What are key features of this property?

This property features: Main Street frontage property set up for restaurant/bar use; 12 permitted RV sites currently rentable; Permitted trailer home on‑site in very good condition, also permitted to be leased