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Property profile & analytics
OFF-MARKET
Commercial real estate

204 Main Ave Fairmount, ND 58030

2,400 SF Built 2014
Property ID
Property summary
AI-generated overview

This exceptional commercial property package presents a lucrative investment opportunity in the heart of Fairmount, North Dakota. The core offering is a vibrant and established bar/restaurant/lounge located at 204 Main Avenue, boasting a spacious 2,400 square foot interior. The property features a welcoming atmosphere, ready for immediate operation, and includes a pleasant patio area perfect for outdoor seating and entertainment. Adding significant value to this package is a fully rented 14-unit storage facility situated directly adjacent to the bar/restaurant. This provides a consistent stream of rental income, offering immediate returns on investment. The storage units are currently fully occupied, generating a reliable revenue stream. The bar/restaurant and storage units can be purchased individually or as a combined package, providing flexibility for potential buyers. This turnkey operation is ideally suited for an entrepreneur seeking a profitable venture in a thriving community. The property's prime downtown location ensures high visibility and accessibility, maximizing its potential for success. The combined offering presents a unique opportunity to acquire a well-established business with additional income-generating assets. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Financial details and further information are available upon request.

Property profile
Verified
Property type Commercial real estate
Year built 2014
Total area 2,400 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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