507 Main St - Specialty FOR SALE


Wildrose, ND 58795
$249,000 USD
701-369-3949
507 Main St, Wildrose, ND for Sale
$249,000 USD
Specialty - FOR SALE
1/12
null | Request Cap Rate

507 Main St
Wildrose, ND 58795


HIGHLIGHTS

  • High visibility location on Main St
  • Potential for additional rental income from apartments
  • Modern amenities and efficient design
  • Strategic location for attracting foot traffic
  • Solid investment with potential for future growth
  • Established presence in the Wildrose area

OVERVIEW

Versatile Business & Residential Opportunity in Wildrose, ND Address: Main Street, Wildrose, North Dakota Discover a unique opportunity to invest in a versatile property located in the charming town of Wildrose, North Dakota. Nestled in the heart of the Bakken region and surrounded by local lakes and dams, this property boasts excellent fishing and camping opportunities, making it an ideal location for both business and leisure. Property Overview Total Size: 4,272 sq ft building Former Grocery Store: Built in 1995 Residential Units: Added in 1999, featuring one efficiency apartment and two one-bedroom apartments Location: Main Street, next to the city park and directly across from the new bar and grill Unique Features Newer Metal Roof: Ensures durability and low maintenance Multi-functional Retail Space: Ideal for a grocery store, café, bakery, coffee house, ice cream shop, or various other business ventures. It was rented previously by a photography business. Entrance is handicap accessible, most doorways throughout building are 36 inches wide. Residential Units: Three apartments with private entrances provide additional income opportunities through housing rentals or partnerships with small business owners. Rear Unit: Can be operated separate from the retail portion of the building. It has been used for a daycare as well as oilfield worker housing. Community Highlights Wildrose is a welcoming small town offering a range of essential amenities and services: Fire Department Two Churches Senior Citizen's Center Post Office Fuel and Service Station Golf Course Plant Nursery Other Privately-Owned Businesses Wildrose's friendly community and strategic location make it a great place for entrepreneurs, business owners, and investors looking to tap into the thriving local economy. Investment Potential This property is a fantastic investment opportunity due to its: Prime Location: Situated in the Bakken oilfield and wind energy region, attracting a steady influx of workers and visitors Versatility: The building's design allows for multiple business and residential uses Income Potential: Generate revenue from both the retail space and the residential units Step into a promising future with this exceptional property—perfect for entrepreneurs, business owners, investors, and small business owners alike. Contact Information Don't miss out on this incredible opportunity to own a versatile and profitable property in Wildrose, ND. To schedule a viewing or for more information, please contact Katrina Baker at 701-641-8719 or Theda Durham at 501-691-0604.

FOR SALE DETAILS

PRICE

$249,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,499 SF

ZONING

-

APN/PARCEL ID

04-000-00-05-03-015

ASK ABOUT THIS PROPERTY

Erik PetersonProven Realty Brokered by eXp RealtyMore Info
701-369-3949

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Erik PetersonProven Realty Brokered by eXp RealtyMore Info
701-369-3949

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