210 E Main Ave - Restaurant FOR SALE


Bismarck, ND 58501
$715,000 USD
701-400-5373
210 E Main Ave, Bismarck, ND for Sale
$715,000 USD
Restaurant - FOR SALE
1/2
null | 7% Cap Rate

210 E Main Ave
Bismarck, ND 58501


OVERVIEW

Explore a piece of Bismarck's downtown history with this great investment opportunity on Main Street. Presenting a prime real estate offering, exclusively available for sale, with an iconic tenant – Butterhorn, a renowned restaurant that has been captivating patrons since 2017. The building underwent a reconstruction in the same year, seamlessly blending modern amenities with its rich heritage. Retaining its original tin ceiling and classic wood floors, this property exudes timeless charm. Currently, Butterhorn occupies 100% of the space, making this a secure and reliable investment. With a triple net lease in place, this investment promises a hassle-free ownership experience, ideal for those seeking a long-term hold. Don't miss the chance to be a part of Bismarck's downtown legacy – add this property to your portfolio and own a piece of history. **Financials available upon request ***SHOWING DISCLOSURE: All property visits must be pre-approved by listing broker. Absolutely no contact with tenants, management, or ownership without approval from listing brokers. DO NOT CONTACT MANAGER OR DISTURB OCCUPANTS. Please contact listing broker before any visit to the site. HIGHLIGHTS Building Only - 100% Occupied Est 7% CAP rate Downtown building Original Tin ceiling Original Wood floor 2019 roof replacement and repairs Alley access 2 designated parking spaces Taxes (2023): $5,911.43 Specials- Installments: $311.99 / Balance: $0.00

FOR SALE DETAILS

PRICE

$715,000 USD

PRICE/SF

$220 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,250 SF

ZONING

DC

APN/PARCEL ID

01-000-00-10-52-040

ASK ABOUT THIS PROPERTY

Kyle HolwagnerThe CRA GroupMore Info
701-400-5373

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Kyle HolwagnerThe CRA GroupMore Info
701-400-5373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.