204 Main AveDickinson, ND 58601

Property Details for 204 Main Ave

Year built

1973

Lot size

0.28 AC

Property size (Sq ft)

3,172 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

41-1290-03000-100

APU

41129003000100

Description

This exceptional commercial property at 204 S Main Avenue, Dickinson, ND, presents a lucrative investment opportunity. The 3,172 square foot building sits on a 0.28-acre lot and houses the well-established "Rosie's Food & Gas" convenience store. This thriving business offers a diverse range of products and services, including fuel sales, fishing bait and tackle, groceries, and lottery tickets, ensuring a steady stream of revenue. The sale includes the building, the established business, and all existing furniture and fixtures. A significant asset is the inclusion of $70,000 worth of inventory in the asking price of $699,000. The property features underground storage tanks, owned by West Dakota Oil, and pumps owned by the seller, providing a complete and ready-to-operate convenience store. This turnkey operation is ideal for an entrepreneur seeking an established business with immediate cash flow potential. The high-traffic location on S Main Avenue in Dickinson, ND, guarantees excellent visibility and accessibility for customers. This is a rare opportunity to acquire a profitable, established business with all assets included, making it an attractive investment with significant growth potential. The property's strong history and diverse product offerings position it for continued success in the vibrant Dickinson market. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

• CAP approach

  CAP return

  Valuation

  6%

  $1,114,068

  6.5%

  $1,028,371

  7%

  $954,916

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,098,980

  Geo Method

  $660,418

• Alternative Use

  Use

  Valuation

  Residential

  $867,469

  Hospitality

  $794,597

  Educational

  $661,095

  Medical

  $683,831

  Retail

  $1,028,371

Location Insight

City

Dickinson

County

Stark

State

North Dakota

Latitude

46.8738

Longitude

-102.79

CBSA code

19860

CBSA name

DICKINSON, ND MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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