Current Use by Public Records
- Retail properties & Spaces
Property Details for 181 Central Ave
- Year built
- 1968
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This turnkey grocery store in Beach, North Dakota, presents a rare investment opportunity. Located at 181 N Central Ave, this 6,240 square foot retail space has served the community since the late 1960s and boasts 100% occupancy. The asking price is $550,900, translating to $120.19 per square foot. The sale includes the building, equipment, and inventory. Significant upgrades have been implemented within the last two years, enhancing operational efficiency and modernizing the store. These improvements encompass a complete electrical system upgrade to current code, a transition to Square Retail POS system from RDS, installation of energy-efficient LED lighting, the addition of two new 12-foot coolers, and the implementation of new computer systems and security cameras. The property's strategic location between Dickinson, North Dakota, and Glendive, Montana, and its proximity to the upcoming Theodore Roosevelt Presidential Library in Medora, further enhance its appeal and potential for continued success. This well-established business offers a unique chance to acquire a profitable and updated grocery store in a thriving community. The building was constructed in 1968. This is a 100% occupied, single-tenancy property.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Beach
- County
- Golden Valley
- State
- North Dakota
- Longitude
- -104.007
- Latitude
- 46.9168
