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2008 S Main St 3,600 SF Retail Building Watford City, ND 58854 $1,300,000 ($361.11/SF)
Executive Summary
Endless opportunity with Main Street frontage! This turn-key property is currently set up for a restaurant/bar, but also offers incredible potential for a salon, spa, retail storefront, or office space. Whether you are looking to owner-occupy or invest, this property offers multiple income-producing opportunities. The property is currently leased to a tenant who is willing to sign a long-term lease, but is presently operating on a month-to-month basis. In addition, the property includes 12 RV sites that are permitted and currently rentable, along with a rental home in very good condition that is also permitted to be leased on the property. With all income-producing opportunities combined, the projected gross monthly income potential is approximately $15,000+ per month.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,600 SF
Building Class
C
Year Built
1980
Price
$1,300,000
Price Per SF
$361.11
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
3.33 AC
Parking
50 Spaces (13.89 Spaces per 1,000 SF Leased)
Frontage
15’ on Main Street
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-00-20850 | Improvements Assessment | $106,200 |
| Land Assessment | $118,400 | Total Assessment | $224,600 |
Property Taxes
Parcel Number
20-00-20850
Land Assessment
$118,400
Improvements Assessment
$106,200
Total Assessment
$224,600
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2008 S Main St
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