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    OFF-MARKET
    Commercial land

    121 Main St, Hettinger, ND 58639-7030

    Entity Owned Free & Clear
    Property ID
    US56-0593904
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    DACOTAH BANKS INC
    DACOTAH BANKS INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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