314 4th Street

Riverdale, ND 58565 / Original Townsite

MLS ID# 4011047 Active
Commercial

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$649,000

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

Description

Own your own oasis income property in charming Riverdale, just minutes from Lake Sakakawea. This established hotel business has 8 units, each with inviting kitchenettes adjacent to a spacious sleeping space and private bathrooms. Four of the units are open floor plan/studio and four are one bedroom floor plan. All have been beautifully maintained and updated with newer appliances, new windows and doors, fresh paint, flooring and detailed upgrades. Light, neutral colors make each of these units inviting and comfortable. The accommodations are perfect for short or long stays making it ideal for a hotel, air b & b or long term rentals. Each unit also has garage space! The lower level offers 8 washer/dryer hookups, 4 current laundry sets, and so much room to expand or use as storage. Prime location to Lake Sakakawea adds to the great opportunity this property provides. For fisherman and hunters, this is a true oasis all year round. An ideal location for recreation, agriculture, and situated in the center of the state's energy industry. A perfect portfolio that cashflows from the start, with high online ratings, fully furnished, repeat customers, and an established office, plus reception area. If you are looking for an established investment property with so much potential to enjoy the great ND outdoors, this is it! Own your own oasis income property in charming Riverdale, just minutes from Lake Sakakawea. This established hotel business has 8 units, each with inviting kitchenettes adjacent to a spacious sleeping space and private bathrooms. Four of the units a... show more

Contract Information

• Buyer Agent Broker Commission 3%

Legal, Tax and Other Information

• Taxes 1624.17
• Tax Year 2022
• Specials Installment 0
• Specials Balance 0
• Pending Specials No
• Zoning Urban/ Commercial
• Parcel ID 83-0001-00924-000
• Legal Description Lot:9 BLK:16 Original Townsite

General Property Information

• Property Sub Type Commercial
• Sub Type Details Business and Building
• Lot SqFt 12763
• Lot Acres 0.293
• Lot Dimensions 115X93X117
• Year Built 1951
• Total Unfinished SqFt 1848
• Finished Above Grade SqFt 3696
• Finished Below Grade SqFt 0
• Total Finished SqFt 3696
• Garage Yes
• Garage Spaces 8
• Garage SqFt 1920
• Accessibility Features No
• Fee No

Details

• Business Type

  Hotel/Motel

• Cooling

  Wall/Window Unit(s)

• Heating

  Baseboard, Hot Water

• Roof

  Shingle

• Architectural Style

  Two-Story

• Basement

  Full, Partially Finished, Storage Space

• Water Source

  Public

• Sewer

  Public Sewer

• Included

  Dryer, Microwave, Refrigerator, Washer, Window Treatments

• Road Frontage Type

  City Street

• Lot Features

  Corner Lot, Lot - Owned