Property profile

121 Main St Hettinger, ND 58639

OFF-MARKET
Commercial land
Property ID
US56-0593904
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional opportunity presents the acquisition of "The Pastime Bar & Lounge," a well-established, 100+ year-old business located at 121 S Main St, Hettinger, North Dakota, 58639. The property encompasses a generous 4,080 square feet of retail space, housed within a building constructed in 1910. The building is zoned for commercial use, allowing for a variety of potential applications. The current configuration includes a thriving steakhouse restaurant and bar, recently remodeled with an open-concept floor plan. A significant asset is the addition of an outdoor patio, expanding seating and ambiance during the warmer months. This turnkey operation includes all equipment, from barware to cutlery, ensuring a seamless transition for the new owner. The business boasts a loyal customer base and strong community ties, representing a stable and profitable investment. The asking price is $349,900. Please note that the inventory of food and drink is not included in the sale price and will be valued separately one week prior to closing. An appraisal from 2008 is available upon request. This is a rare chance to own a piece of Hettinger's history and a thriving, established business. The property's prime location on Main Street offers excellent visibility and accessibility. This is a unique opportunity for an investor seeking a profitable, established business with significant potential for growth.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
APN 21790000
UPID US56-0593904

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

121 Main St Hettinger, ND 58639-7030
Hettinger metro Census 965600
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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