1305 8th Street N

New Salem, ND 58563

MLS ID# 4007105 Active
Commercial

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$186,900

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• Description
• Contract Information
• Legal, Tax and Other Information
• General Property Information
• Details

Description

For Sale or For Lease with possible option to purchase or contract for deed with this high traffic location near I-94 exit 127 to New Salem. Investment or owner occupied opportunity currently occupied by the Sunset Cafe and a New Salem staple since the 1960's. The front portion of the building consists of the cafe with eat-at counter with multiple tables, dining area with salad bar stand and commercial grade kitchen. Leading to the back half of the building is a bar area with gaming including a blackjack table and pool table and reception area. Two sets of restrooms for the building Plenty of parking and additional land behind the building that has been leveled to allow for more development or outside storage for RVs and more.. All fixtures included in the sale. Over $15,000 in upgrades for refrigeration repairs. Located near Salem Sue off I-94, 2 gas stations and minutes from downtown New Salem. Buyer to verify building & land square footage, year built and zoning. Property available for lease at $1,975 per month with possible option to purchase or contract for deed. Seller willing to divide rear vacant lot from building and parking lot. Purchase price to be reduced if seller retains rear vacant lot. For Sale or For Lease with possible option to purchase or contract for deed with this high traffic location near I-94 exit 127 to New Salem. Investment or owner occupied opportunity currently occupied by the Sunset Cafe and a New Salem staple since ... show more

Contract Information

• Buyer Agent Broker Commission 3%

Legal, Tax and Other Information

• Taxes 2138.97
• Tax Year 2022
• Specials Installment 0.00
• Specials Balance 0.00
• Pending Specials No
• Zoning Commercial
• Parcel ID 66-0518020
• Legal Description LOT 3, LOT A OF LOT 2, LOT 1, LOT 1 OF LOT 1, LOT 6 of Keuthers Subdivision, NE1/4 16-139-85

General Property Information

• Property Sub Type Commercial
• Sub Type Details Building Only
• Lot SqFt 80150
• Lot Acres 1.84
• Lot Dimensions 1.84 acres
• Year Built 1960
• Total Unfinished SqFt 0
• Finished Above Grade SqFt 4880
• Finished Below Grade SqFt 0
• Total Finished SqFt 4880
• Accessibility Features No
• Fee No

Details

• Business Type

  Bar/Tavern/Lounge, Professional Service, Restaurant, Other

• Building Info

  High Traffic Location, High Visibility

• Cooling

  Central Air

• Heating

  Forced Air, Natural Gas

• Construction Materials

  Brick, Wood Siding, Other

• Flooring

  Carpet, Tile

• Basement

  None

• Fencing

  None

• Water Source

  Public

• Sewer

  Public Sewer

• Utilities

  Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

• Road Frontage Type

  Paved Road, State Road

• Possession

  Close Of Escrow

• Lot Features

  Irregular Lot, Lot - Owned

• Parking Features

  Common, Guest, Off Street