204 Main Ave Fairmount, ND 58030
- Commercial real estate
- 2,400 SF
Current Use by Public Records
- Commercial real estate
Property Details for 204 Main Ave
- Year built
- 2014
- Property size
- 2,400 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairmount
- County
- Richland
- State
- North Dakota
- Longitude
- -96.6032
- Latitude
- 46.0553