901 Elm StTioga, ND 58852

This exceptional 10,406-square-foot commercial property in Tioga, North Dakota, presents a lucrative investment opportunity. Located at 901 Elm Street, this mixed-use building is ideally situated in a thriving commercial area, boasting high visibility and traffic due to its proximity to a motel, apartments, and other popular restaurants. The property's versatile design caters to both retail and restaurant uses, featuring a fully equipped kitchen and a highly desirable drive-thru, perfect for fast-service establishments. Currently operating at 100% occupancy with a modified lease in place, this offers immediate income potential for investors. Ample parking is available for customers and employees. The property is zoned for commercial use and sits on a 10,406-square-foot lot. The asking price is $1,200,000, representing an attractive 8% capitalization rate. This presents a strong return on investment in a safe, well-established community, with comparable properties in the area commanding significantly higher prices. This is a rare opportunity to acquire a high-performing commercial property in a prime location. The flexible lease terms allow for potential expansion or occupancy by a new owner. Don't miss this chance to secure a valuable asset in a rapidly growing market.