411 1St Ave Bowman, ND 58623
- Retail properties
- 2,480 SF
- 0.29 lot acres
Current Use by Public Records
- Retail properties
Property Details for 411 1St Ave
- Year built
- 1983
- Lot size
- 0.29 lot acres
- Property size
- 2,480 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This Bowman, North Dakota retail property, located at 411 1st Ave SW, presents a unique investment opportunity. The 2,480 square foot building, constructed in 1983, sits on a 0.29-acre lot (APN 35-0003-06671-001) and boasts a strong 8-inch reinforced concrete foundation. Previously operating as a convenience store, the property is adaptable to various retail or service businesses. The asking price is $248,000, translating to $100 per square foot. Key features include a 9,500 square foot concrete parking lot and two bathrooms. The property's strategic corner location at the intersection of Highway 85 and Highway 12 ensures high visibility and accessibility. Please note that all gas pumps, canopy, and underground tanks are scheduled for removal by July 2024, and the property cannot be sold to another gas station operator. This single-story building offers significant potential for a savvy investor seeking a well-located retail space in a thriving North Dakota community.
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
- Bowman
- County
- Bowman
- State
- North Dakota
- Longitude
- -103.396
- Latitude
- 46.1772
