Building Details

Year Built 2014

Listing Agency: Timm & Associates Inc

Listed By: Greg Timm · License #MN 78241289654

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 12:15PM

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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 Timm & Associates Inc

Investment Insights

Based on property information with market context.

The Cobblestone Inn and Suites is a hotel property constructed in 2014 and offered for sale for the first time. It is identified as the only hotel in the Steele market and provides guest amenities and services as part of its operating profile.

The property is located at 623 Mitchell Ave N in Steele, North Dakota, with visibility from both Highway 3 and Interstate 94. Steele sits along Interstate 94 between Jamestown and Bismarck. Area demand generators named for the property include TA/Shell Travel Plaza, BEK Communication, Kidder County Communication Health Center, Zimmerman’s Manufacturing, the World’s Largest Sandhill Crane, bird watching, and year-round hunting and fishing.

Key Highlights

• Hotel property built in 2014
• First offering of the property for sale
• Only hotel in the Steele market

Property Analytics

Current Use

Hotels

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

129

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Hotel - Built in 2014 with visibility from Highway 3 and Interstate 94.

Where is this hotel located?

The property is located at 623 Mitchell Ave N Steele, ND.

What are key features of this property?

This property features: Hotel property built in 2014; First offering of the property for sale; Only hotel in the Steele market