204 Main Ave Fairmount, ND 58030
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.