For Sale
$200,000

501 Dakota Ave Wahpeton, ND 58075

Prime retail space, 10,271 SF, 4 drive-thrus

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional commercial property, located at 501 Dakota Ave in Wahpeton, North Dakota, presents a unique investment opportunity. The property consists of a 10,271 square foot building, originally constructed in 1936, situated on a 1.2-acre lot. The building, with its solid masonry construction, features four floors, including a basement, and boasts four convenient drive-thru lanes. Ample parking is available, with 28 spaces behind the building, supplemented by street parking on two sides. The property's zoning is General Commercial, offering flexibility for various uses. The asking price is $200,000, translating to $19.47 per square foot. The property is currently vacant and offered free and clear of debt with a clean title. A significant advantage is the inclusion of an additional 5,000 square foot cold storage building located on a separate parcel at the rear of the main building. This versatile property, with its prime location on Dakota Avenue, the main thoroughfare in Wahpeton, presents a compelling opportunity for a variety of commercial ventures. The property's APN is 50-0001-12970-000, 50-0001-12972-000. The building's history as a Bank of the West branch adds to its appeal and potential.

Highlights

  • Free and clear title, debt-free ownership.
  • 10,271 square foot retail bank branch on Dakota Avenue.
  • Four drive-thru lanes.
  • 28 on-site parking spaces plus ample street parking.
  • Four-story building including basement.
  • 5,000 square foot storage building on adjacent parcel.

Property Details for 501 Dakota Ave

Property type
Retail properties, Restaurants
Square Feet
10,271 SF
Year Built
1936
Buildings
2
Stories
4

Location Insight

City
Wahpeton
County
Richland
State
North Dakota
Latitude
46.2636034
Longitude
-96.6072037

FAQs

What type of property is this?
Retail property - Prime retail space, 10,271 SF, 4 drive-thrus
Where is the retail property located?
The property is located at 501 Dakota Ave Wahpeton, ND.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Free and clear title, debt-free ownership.; 10,271 square foot retail bank branch on Dakota Avenue.; Four drive-thru lanes.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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501 Dakota Ave
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