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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

67 Central Ave Beach, ND 58621

4,800 SF Built 1916
Property ID
Property summary
AI-generated overview

This 4,800 square foot retail property at 67 Central Avenue S in Beach, North Dakota, presents a unique investment opportunity. Built in 1916, the building is currently 100% occupied and operates as MnM Mercantile, an antique vendor mall with approximately 30 vendors. The property has been significantly updated since 2014, including a redesign of the second floor into three separate living areas with a shared kitchen, bathroom, and laundry facilities, suitable for owner occupancy or short-term rental use (e.g., Vrbo). The main and basement floors each feature two half-bathrooms, while a full bathroom is located on the second floor. The property's location, 23 miles from Medora, ND, adds to its appeal. The asking price is $355,000, translating to $73.96 per square foot. The seller is open to selling the MnM Mercantile business separately from the building. This property offers a blend of established retail income and versatile upper-level living space, making it an attractive investment prospect.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1916
Total area 4,800 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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