Listing Agency: CBRE | Fargo C***@cbre.com Show Phone

Listed By: Chance Lindsey Show Phone

Source: Cbre

Added: Jun 2 Changed: Aug 29 Last Checked: Aug 29 at 5:51PM

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Investment Insights

Based on property information with market context.

This 2,480-square-foot commercial building is a former convenience store with an existing structure suited to retail or service-oriented operations. The property is offered for sale and provides a defined starting point for a business seeking a freestanding commercial location.

The building occupies the corner of Highway 85 and Highway 12 at 411 1st Avenue Southwest in Bowman, North Dakota. Its placement at the intersection provides a recognizable setting for customer-facing commercial use, while the existing convenience-store format supports consideration for a range of retail or service concepts.

Key Highlights

• 2,480 SF former convenience store building
• Corner location at Highway 85 and Highway 12
• Located at 411 1st Avenue Southwest in Bowman, ND 58623

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Plumbing Service Garden Center Furniture & Home Goods Real Estate Agency Pharmacy Kitchen & Bath Showroom

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

292

Businesses Nearby

10k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 69% Home Improvements & Furnishings 24% Hotels & Casinos 7%

Dollar General Shops & Services

3,574 visits/mo 0.1 miles

Newby's Ace Hardware Home Improvements & Furnishings

2,538 visits/mo 0.5 miles

Cenex Shops & Services

2,484 visits/mo 0.3 miles

Napa Auto Parts Shops & Services

855 visits/mo 0.0 miles

Budget Host Inn Motel Hotels & Casinos

374 visits/mo 0.5 miles

Demographics for 58623, ND

2,188

Population

1,083

Households

2

Avg Household Size

43

Median Age

32%

College-Educated

89%

High-School Grad

541.1 sq mi

ZIP Area

4

Density / Sq Mi

$72,188

Median Household Income

$48,969

Median Earnings

$861

Median Rent

$183,400

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Corner-positioned former convenience store with potential for retail or service-oriented use.

Where is this grocery and convenience store located?

The property is located at 411 1st Avenue Southwest Bowman, ND.

What is the asking price?

The asking price for this property is $190,476.

What are key features of this property?

This property features: 2,480 SF former convenience store building; Corner location at Highway 85 and Highway 12; Located at 411 1st Avenue Southwest in Bowman, ND 58623