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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

181 Central Ave Beach, ND 58621

6,240 SF Built 1968
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1968
Total area 6,240 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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