408 1St Ave Williston, ND 58801

Property Details for 408 1St Ave

Year built

1913

Lot size

0.80 lot acres

Property size

11,951 SF

Property type

Commercial real estate

Description

This exceptional commercial property in downtown Williston, North Dakota, presents a unique investment opportunity. The 11,951 square foot building encompasses a thriving restaurant and lounge with seating for 165 patrons, plus a separate bar area. Five extended-stay rental units provide additional revenue streams, each featuring two bedrooms and one bathroom, complete with full kitchens and furnishings. A spacious 60+ person capacity meeting room, equipped with its own bar, is ideal for hosting various events, from corporate gatherings to weddings. A large commercial kitchen supports both the restaurant and a successful off-site catering business, included in the sale. The property also boasts a 40x18 maintenance-free deck and includes all furniture, fixtures, and equipment (FF&E), along with a catering van. A significant advantage is the inclusion of an additional parking lot, enhancing guest convenience. The building's basement, accessible via a separate entrance, offers considerable potential for further development and revenue generation. Situated on a 0.8-acre lot, this historic building is a prime location in the heart of Williston, offering a blend of established income and future expansion possibilities. The asking price is $1,099,999.