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510 Main Ave Bismarck, ND 58501

Sponsored
For Sale
$1,599,000

Profitable Bismarck bar & casino group.

Description

Added:
Dec 11, 2024
Days on Market:
425
This exceptional opportunity encompasses three distinct yet synergistic businesses located in the vibrant Gulch Block building at 510 East Main Avenue in downtown Bismarck, North Dakota. The portfolio includes Luft, a year-round establishment featuring a heated, retractable rooftop patio and bar offering fresh cocktails and brews with stunning downtown views. Also included is 510.2, a speakeasy-style cocktail bar evoking a Prohibition-era atmosphere and specializing in craft cocktails and rare bourbons. Rounding out this impressive offering is Red Eye Casino, a gaming lounge and event space equipped with pool tables, dart boards, pull tabs, and Touch Tunes, serving cocktails and beer. The sale includes a full Class D liquor license for both on and off-premise sales. The buyer will assume the existing lease within the Gulch Block building. Detailed financial information and lease terms will be provided to qualified buyers upon request. This is a turnkey operation in a prime downtown location, presenting a unique opportunity for a savvy investor to acquire a well-established and profitable multi-venue business. The asking price for this exceptional package is $1,599,000. The property is classified as Retail, Subtype Restaurant, Bar, and Class D.

Property Features for 510 Main Ave

General Information

Property type
Restaurants
Class
D

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Listing Contact
Michael Ilse
Michael Ilse

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Property Insight Report

Property Profile Location Intelligence

Current Use by Public Records

India clay oven ... Restaurant Red Eye Casino Bar & Pub Greater North Dakota ... Business Service Center Beauty Renew LLC Hair Salon LÜFT Rooftop Bar Bar & Pub

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bismarck
County
Burleigh
State
North Dakota
Longitude
-100.7840823
Latitude
46.8055895

FAQs

What type of property is this?
Restaurant - Profitable Bismarck bar & casino group.
Where is this restaurant located?
The property is located at 510 Main Ave Bismarck, ND.
What is the asking price?
The asking price for this property is $1,599,000.
More about this property
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