308 Railway St Enderlin, ND 58027-1344
This exceptional commercial property located at 308 Railway Street in Enderlin, North Dakota presents a unique investment opportunity. The building, boasting a rich history, offers 3,064 square feet of retail space, perfect for a variety of businesses. Constructed of durable concrete and brick, this solid structure includes a full basement, providing ample storage or expansion potential. The property is situated on a 0.07-acre lot, offering convenient access and visibility. Existing store fixtures are included in the sale, allowing for immediate occupancy and minimizing start-up costs. The building is well-maintained and features modern amenities such as a low-pressure furnace, air conditioning, and updated electrical systems. Excellent natural light brightens the interior. The property is ready for immediate signage, enhancing its visibility to potential customers. Priced significantly below assessed value at $48,000, this represents a compelling opportunity for a savvy investor or business owner. The property is being sold "as is." This is a rare chance to acquire a well-located, established retail space in a thriving community. Don't miss out on this chance to own a piece of Enderlin's history.
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
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.