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502 Main Ave Oakes, ND 58474-1638

OFF-MARKET Commercial real estate Google Maps
Entity Owned Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US56-0525863

Property summary

AI-generated overview

This exceptional commercial property at 502 Main Avenue, Oakes, North Dakota, presents a unique investment opportunity. The 2,625 square foot building sits on a 0.06-acre lot and currently operates as a thriving, established boutique. The sale includes all existing fixtures, inventory, tanning beds, a floral cooler, and a point-of-sale (POS) system, making this a truly turn-key operation. The business offers a diverse range of services, including clothing sales, floral arrangements, and tanning services, ensuring a broad customer base. Its Main Avenue location provides high visibility and benefits from significant foot traffic. The building is beautifully maintained and ready for immediate operation. While the asking price of $325,000 includes the building, fixtures, inventory, and equipment, the seller is open to considering a sale of the building only; pricing for this option will be determined separately. This property is ideally suited for a buyer seeking an established business with immediate revenue potential or an entrepreneur looking to expand their existing portfolio. The property's location in Oakes, Dickey County, North Dakota (zip code 58474) offers a stable community and strong potential for continued success. This is a rare opportunity to acquire a well-established, profitable business with all the necessary equipment and inventory included.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 10070000
UPID US56-0525863

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Florist

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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