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    FOR SALE
    Bars & Pubs

    224 Woodard Ave S, Amenia, ND 58004

    2,304 SF Built 1932
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US56-0746275
    No photos on file
    For Sale
    $188,000 2,304 SF
    224 Woodard Ave S, Amenia, ND 58004
    View Listing →
    Property summary
    AI-generated overview

    This thriving, established bar and grill, located at 224 Woodard Avenue S in Amenia, North Dakota, presents a unique investment opportunity. Boasting 3,600 square feet on a 0.2-acre lot, this popular local establishment is being offered for sale at $188,000. The sale includes all furniture, kitchen appliances and cookware, televisions, and a pool table – a complete turnkey operation ready for a new owner. The business benefits from the inclusion of charitable gaming equipment, specifically poker and digital slot machines, managed in coordination with the West Fargo Rural Fire Department. This adds a significant revenue stream to the existing operations. Importantly, the main floor of the bar underwent a complete renovation in 2019 by the current owners, ensuring modern and updated facilities. This is a prime opportunity to acquire a well-established business with a loyal customer base in a desirable location, ready to generate immediate income. The property's size and existing infrastructure provide ample space for operations and potential expansion. The inclusion of all equipment eliminates the need for significant upfront investment in furnishings and appliances. This turnkey operation is ideal for an experienced restaurateur or a first-time business owner seeking a profitable venture.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1932
    Total area 2,304 SF
    APN 07-0100-11433-000
    UPID US56-0746275
    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
    Current use
    Occupant on record · Public records
    • Pit 88 Bar & Grill Bar & Pub Restaurant
    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
    Peterson Holdings LLC · 2 yrs held
    Peterson Holdings LLC
    since 2024
    Last sale
    $165,000
    6 recorded transactions
    2024
    $165,000
    2019
    $62,000
    2015
    2010
    $47,000
    2009
    2008
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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