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Property profile & analytics
OFF-MARKET
Turn key restaurants

72 Main St Garrison, ND 58540-7165

1,660 SF Built 1927
Individually Owned Free & Clear
Property ID
US56-0144374
Property summary
AI-generated overview

The Ye Olde Malt Shoppe, located at 72 Main Street in Garrison, North Dakota, presents a unique opportunity to acquire a well-established and profitable business. This iconic establishment, a beloved local gem, boasts a classic retro design and a welcoming atmosphere that has attracted both locals and tourists for years. The 1,660 square foot building sits on a 0.15-acre lot in a prime Main Street location. The business specializes in hand-dipped ice cream, malts, shakes, and classic diner fare, enjoying a loyal customer base. The interior features a cozy dining area and an efficient kitchen, optimized for high-volume service while maintaining a friendly ambiance. Outdoor seating is available, perfect for enjoying treats during warmer months. Additional parking is provided by an included rear lot. The building is well-maintained, featuring a new roof installed in 2023. This turnkey operation offers a blend of nostalgia, community connection, and strong income potential, making it an ideal investment for both experienced restaurateurs and first-time business owners. The asking price for this exceptional property is $175,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1927
Total area 1,660 SF
APN 75 0001 00063 000
UPID US56-0144374
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
Current use
Occupant on record · Public records
  • Ye Olde Malt Shoppe Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
JUDY SOLEM
JUDY SOLEM
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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