1640 13th Ave E West Fargo, ND 58078
6,005 SF restaurant/bar on 1.31 acres, includes liquor license.
Property Features for 1640 13th Ave E
General Information
- Standard status
- Active
- Size
- 6,005 SF
- Lot size
- 1.31 Acres
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 2004
Listing office Aspen Group LLP (701) 223-2450
Listing date Sep 25, 2023
Source Crexi
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 Aspen Group LLP
Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey restaurant and sports bar opportunity.
- Includes all furniture, fixtures, and equipment (FF&E).
- Class AA Liquor License included in the sale.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.1k | $18.00 |
| − Vacancy | −$4.5k | −$0.76 |
| EGI | $103.6k | $17.24 |
| − OpEx | −$25.9k | −$4.31 |
| NOI | $77.7k | $12.93 |
Alternative Uses
Property Analytics
Current Use by Public Records
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