301 Central Ave Beulah, ND 58523
- Commercial real estate
- 2.23 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 301 Central Ave
- Year built
- 1974
- Lot size
- 2.23 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 301 Central Avenue S in Beulah, North Dakota, presents a compelling value-add investment opportunity. The property encompasses a substantial 2.23-acre lot, offering significant potential for development and expansion. Currently configured with 22 pads designed for commercial use, the property boasts a considerable footprint suitable for a variety of businesses. The existing occupancy rate stands at 23%, indicating a substantial opportunity to increase revenue through lease-up and strategic tenant acquisition. The property's prime location in Beulah offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. Given the current occupancy and the significant land area, this property presents a unique chance to capitalize on the growing commercial landscape in Beulah. The asking price of $225,000 reflects the considerable potential for return on investment. Detailed financial information and site plans are available upon request. This is an ideal opportunity for investors seeking a value-add project with strong potential for future growth and profitability in a thriving North Dakota community. The property's size and location make it a versatile asset, suitable for a range of commercial uses. Serious inquiries are encouraged to explore this promising investment opportunity further.
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
- Beulah
- County
- Mercer
- State
- North Dakota
- Longitude
- -101.779
- Latitude
- 47.2615