312 Dakota Ave Wahpeton, ND 58075

Property Details for 312 Dakota Ave

Year built

1920

Lot size

0.13 lot acres

Property type

Commercial real estate

APN

50000112637000

APU

50000112637000

Description

This exceptional mixed-use property at 312 Dakota Avenue in Wahpeton, North Dakota presents a unique investment opportunity. The building encompasses a thriving consignment store that has operated successfully since 2019, providing immediate cash flow. The total square footage is 5842, with 3652 square feet dedicated to the ground floor retail space and two apartments located on the second floor. These apartments offer significant potential for rental income, providing additional revenue streams. The property sits on a 0.13-acre lot, offering ample space for the existing business and future expansion possibilities. The building's current configuration is ideal for an owner-operator seeking to combine business ownership with residential living, or for an investor looking for a strong return on investment. The established consignment store provides a proven business model with a history of success, minimizing the risk associated with new ventures. The two upstairs apartments offer flexibility, allowing for rental income generation or use as living space for the owner or employees. This property is priced at $245,900 and represents a compelling opportunity for both entrepreneurs and investors seeking a turnkey operation with significant upside potential. The combination of a successful business and rental income potential makes this a truly unique and attractive investment. The property's location in Wahpeton, ND offers access to a strong local market and provides a solid foundation for continued growth and profitability.