913 4Th StStanley, ND 58784

Property Details for 913 4Th St

Lot size

3.60 AC

Property type

Other commercial real estate

APN

61-0049000

APU

610049000

Description

This exceptional hospitality investment opportunity presents a 246-key hotel situated on a 5.1-acre lot in Stanley, North Dakota. The property comprises three buildings totaling over 123,000 square feet, constructed in 1980 with renovations completed in 2012. Building 1 houses guest rooms, housekeeping areas, and laundry facilities on each of its three floors, along with maintenance and linen rooms. Building 2 features a fitness center, dining hall, maintenance room, and restrooms. Building 3 includes additional guest rooms, a front desk/reception area, a conference room, game/entertainment rooms, administrative offices, guest and housekeeping laundry facilities, and mechanical rooms, complemented by an elevator and ice machine. The hotel offers three room types: single queen, double queen, and double queen with kitchenette. Ample parking is available, with additional vacant land offering potential for expansion or future development. The property benefits from excellent visibility from Highway 2 and a convenient location nearly halfway between Minot and Williston. Currently vacant, the owner is open to both sale and lease proposals. The property is zoned C-3 and has Parcel IDs 610049000 and 610092900. This presents a unique opportunity to acquire a substantial hospitality asset in a growing market.

• Alternative Use

  Use

  Valuation

  Residential

  $42,885,568

  Hospitality

  $39,282,952

  Educational

  $32,682,954

  Medical

  $33,806,972

  Retail

  $50,840,152

Location Insight

City

Stanley

County

Mountrail

State

North Dakota

Latitude

48.3088

Longitude

-102.396

Property Tax & Assessments

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