121 Main St, Hettinger, ND 58639-7030
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.