322 Main St Lisbon, ND 58054-4140
This exceptional commercial property at 322 Main Street, Lisbon, North Dakota, presents a rare investment opportunity. The 19,950 square foot building, situated on a 0.36-acre lot with 125 feet of Main Street frontage, has served as the location of Fantasy Furniture for over 40 years. The current owners are retiring and offering the property for sale, including the main store building and a vacant lot on the same block. The main building, measuring approximately 100 feet by 140 feet, features a partial basement providing significant usable storage space. The foundation is described as incredibly strong. This property offers substantial potential for a variety of commercial uses, benefiting from its prominent location on Main Street and its established history. The sale includes both the main building and an additional vacant lot, providing flexibility for expansion or future development. Possession is expected in the first quarter of 2024. This is a turnkey opportunity to acquire a well-established commercial property in a desirable location. The asking price is $130,000. Don't miss this chance to own a piece of Lisbon's Main Street.
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.