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    49900 422Nd Ave Kenmare, ND 58746

    For Sale
    $750,000

    Turnkey Bar & Bottle Shop, High Traffic

    Property size:
    3,105 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a well-established, turnkey bar and bottle shop in Kenmare, North Dakota. Located on Highway 52, this prime location boasts high visibility and easy access between Minot and the Canadian border. The 3,105 square foot property sits on a 0.3-acre lot and includes all inventory, furniture, fixtures, and equipment, ensuring a seamless transition for the new owner. The business features a spacious bar area with seating for 70 patrons, a drive-thru bottle shop with a portico, a fenced outdoor patio, and ample parking. Additional revenue streams are generated from various gaming options, including pull tabs, gaming machines, dart boards, and bingo. Recent updates include remodeled bathrooms, a new hot water heater, and other improvements. The property also includes a large walk-in cooler and spacious storage room. This thriving business offers a consistent revenue stream and a solid customer base within a supportive community. The combination of the established business and the well-maintained building presents a unique opportunity for a motivated investor to acquire a profitable and turnkey operation. The property's strategic location and diverse revenue streams make it an attractive investment with significant growth potential. The asking price is $750,000.

    Property Features for 49900 422Nd Ave

    General Information

    Property type
    Land
    Square Feet
    3,105 SF
    Lot Size
    13,068 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Auto Repair Shop Hair Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenmare
    County
    Ward
    State
    North Dakota
    Longitude
    -102.0710345
    Latitude
    48.6769901

    Nearby Comparable

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    • $1,700,000
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      Five buildings on 8.52 acres near Highway 52.
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      Prime Agricultural Land in Stanley, ND

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      Spacious Shop/Condo on 5 Acres

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    Nearby Similar for Sale

    • $1,680,000
      10,500 SF

      Net Leased Family Dollar Store

      New construction Family Dollar store with corporate guarantee.
      415 6Th St NE, Kenmare, ND 58746
      View Details
    • $1,700,000
      8.52 Acres

      Kenmare Industrial Investment Opportunity

      Five buildings on 8.52 acres near Highway 52.
      50101 Highway 52 N, Kenmare, ND 58746
      View Details

    FAQs

    What type of property is this?
    Land - Turnkey Bar & Bottle Shop, High Traffic
    Where is this land located?
    The property is located at 49900 422Nd Ave Kenmare, ND.
    What is the asking price?
    The asking price for this property is $750,000.
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    49900 422Nd Ave Kenmare, ND 58746
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    Kenmare, ND 58746
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    49900 422Nd Ave Kenmare, ND 58746
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