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Property profile & analytics
OFF-MARKET
Commercial real estate

49900 422Nd Ave Kenmare, ND 58746

3,105 SF 0.3 ac lot
Property ID
US56-0416168
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-established, turnkey bar and bottle shop in Kenmare, North Dakota. Located on Highway 52, this prime location boasts high visibility and easy access between Minot and the Canadian border. The 3,105 square foot property sits on a 0.3-acre lot and includes all inventory, furniture, fixtures, and equipment, ensuring a seamless transition for the new owner. The business features a spacious bar area with seating for 70 patrons, a drive-thru bottle shop with a portico, a fenced outdoor patio, and ample parking. Additional revenue streams are generated from various gaming options, including pull tabs, gaming machines, dart boards, and bingo. Recent updates include remodeled bathrooms, a new hot water heater, and other improvements. The property also includes a large walk-in cooler and spacious storage room. This thriving business offers a consistent revenue stream and a solid customer base within a supportive community. The combination of the established business and the well-maintained building presents a unique opportunity for a motivated investor to acquire a profitable and turnkey operation. The property's strategic location and diverse revenue streams make it an attractive investment with significant growth potential. The asking price is $750,000.

Property profile
Verified
Property type Commercial real estate
Total area 3,105 SF
Lot 0.3 ac (13,068 SF)
UPID US56-0416168
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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