502 15th W St Dickinson, ND 58601-2913
This exceptional turnkey commercial property located at 502 15th Street West in Dickinson, North Dakota, presents a unique investment opportunity. The 3,612 square foot building sits on a 0.31-acre lot and is offered at $1,500,000. Included in the sale is the established business, most of its existing inventory, and the remaining 18 years of a paid Mida franchise. The buyer will be required to complete a qualifying class to assume the franchise. A valuable advertising account is also transferred with the sale. This well-regarded business boasts a strong reputation built over three decades, since 1992, and benefits from a loyal, repeat clientele. The property is offered as a complete package, providing immediate operational capability and established revenue streams. The sale includes the real estate, the building, the majority of the inventory, and the long-term franchise agreement. This is an excellent opportunity for an entrepreneur seeking a profitable, established business with significant growth potential in a thriving community. The established client base and positive reputation provide a solid foundation for continued success. The inclusion of the advertising account further enhances the value and marketability of this turnkey operation. Serious inquiries are encouraged.
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Midas Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.