132 3rd Street SW

Watford City, ND 58854

MLS ID# 4010174 Active
Commercial

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$799,000

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

Description

This cash-flowing Hotel in Watford City is located directly on 2nd St and provides high visibility to incoming visitors. The property includes a 2 bedroom apartment along with 15 well-appointed rooms. Watford City is a bustling hub in the Bakken oil field, offering an ideal location for attracting guests. Despite competition, the demand for lodging in Watford City remains high due to oilfield activity. Even with just 50% occupancy, you can expect to generate over $8000 per month, gross. This cash-flowing Hotel in Watford City is located directly on 2nd St and provides high visibility to incoming visitors. The property includes a 2 bedroom apartment along with 15 well-appointed rooms. Watford City is a bustling hub in the Bakken oil... show more

Contract Information

• Buyer Agent Broker Commission 2.5%

Legal, Tax and Other Information

• Taxes 4126.98
• Tax Year 2022
• Specials Installment 0
• Specials Balance 0
• Pending Specials No
• Zoning Commercial
• Parcel ID 825703100
• Legal Description LOTS 9-10 BLK 2 Sax addition to Watford City

General Property Information

• Property Sub Type Commercial
• Sub Type Details Business and Building
• Lot SqFt 14000
• Lot Acres 0.321
• Lot Dimensions 100x140
• Year Built 1954
• Total Unfinished SqFt 0
• Finished Above Grade SqFt 5588
• Finished Below Grade SqFt 0
• Total Finished SqFt 5588
• Accessibility Features No
• Fee No

Details

• Business Type

  Hotel/Motel

• Cooling

  Wall/Window Unit(s), None

• Heating

  Electric

• Water Source

  Public

• Sewer

  Public Sewer

• Lot Features

  Rectangular Lot