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Established Bar and Grill Opportunity

390 Main St S, Forman, ND 58032

For Sale
$60,000

Established bar and grill in Forman, North Dakota for sale.

Property Size3,776 SF
Price / SF$15.89
Days on Market1206

Property Features for 390 Main St S

General Information

Standard status Active
Size 3,776 SF

Taxes and HOA fees

Annual Taxes $1,284
Listing Agency: eXp Realty
Listed By: Geni M. Holben · License ND #7688
Source: Exprealty
Added: Jul 27, 2023 Changed: Nov 11 Last Checked: Nov 12 at 12:28PM

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 eXp Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

An opportunity exists to acquire an established bar and grill business located in a community in North Dakota. The property, known as the No Name Bar and Grill of Forman, North Dakota, is available for purchase. The business area attracts customers from beyond the immediate Forman area. The building has a size of 3776 square feet. The building contents and inventory are also available for sale separately. The property is suitable for bars and pubs, restaurants, and general commercial real estate purposes.

Key Highlights

  • Established bar and grill business opportunity.
  • Located in a nice community in Forman, ND.
  • Draws customers from beyond the immediate Forman area.

Property Analytics

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

Current Use

Bars & Pubs

Suggested Use

Top Pick Building Supply Garden Center Storage Facility Big Box & Wholesale Store Grocery & Convenience Store 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.

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby
Well-served
Demand for This Use

Demographics for 58032, ND

678
Population
378
Households
1.8
Avg Household Size
48
Median Age
20%
College-Educated
91%
High-School Grad
108.3 sq mi
ZIP Area
6
Density / Sq Mi
$78,906
Median Household Income
$51,161
Median Earnings
$748
Median Rent
$151,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

  • Hole in One Bar and Grill Forman Golf Course — 95 ND-11, Forman, ND 58032
  • Dueces — 325 Main St SW, Forman, ND 58032

Frequently Asked Questions

What type of property is this?
Bar & Pub - Established bar and grill in Forman, North Dakota for sale.
Where is this bar & pub located?
The property is located at 390 Main St S Forman, ND.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Established bar and grill business opportunity.; Located in a nice community in Forman, ND.; Draws customers from beyond the immediate Forman area.
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