Overview

Description

Explore a piece of Bismarck's downtown history with this great investment opportunity on Main Street. Presenting a prime real estate offering, exclusively available for sale, with an iconic tenant – Butterhorn, a renowned restaurant that has been captivating patrons since 2017. The building underwent a reconstruction in the same year, seamlessly blending modern amenities with its rich heritage. Retaining its original tin ceiling and classic wood floors, this property exudes timeless charm. Currently, Butterhorn occupies 100% of the space, making this a secure and reliable investment. With a triple net lease in place, this investment promises a hassle-free ownership experience, ideal for those seeking a long-term hold. Don't miss the chance to be a part of Bismarck's downtown legacy – add this property to your portfolio and own a piece of history.

**Financials available upon request
***SHOWING DISCLOSURE: All property visits must
be pre-approved by listing broker. Absolutely no contact
with tenants, management, or ownership without
approval from listing brokers. DO NOT CONTACT
MANAGER OR DISTURB OCCUPANTS. Please contact
listing broker before any visit to the site.

Downtown Bismarck

Highlights

• Building Only - 100% Occupied
• Est 7% CAP rate
• Downtown building
• Original Tin ceiling
• Original Wood floor
• 2019 roof replacement and repairs
• Alley access
• 2 designated parking spaces
• Taxes (2023): $5,911.43
• Specials- Installments: $311.99 / Balance: $0.00

Documents

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